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How do I go about selling shares to buy a PPOR?
Investing Strategy
Hello! I'd like to know how do I go about selling shares to buy a PPOR with my partner? We don’t own any other property and don’t qualify for first home owner schemes. The houses we’re looking at cost around $1M, and I only have $50k in cash (enough to cover buying costs, leaving $0 for a deposit). I have $300k in shares (VAS/VGS held for 5 years) and am considering selling $100k to use as a deposit. I’m struggling to find online resources that explain this process. Any thoughts, opinions, or suggestions? Links to helpful resources would be greatly appreciated. Thanks!
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Matteo Rossi
Asked on 16 January 2025
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