Linux: <snip> Gifting of money for deposit
Was it the gifting alone, or the gifting + 50% deposit that was the problem? Did the bank have any suggested ways of resolving the situation?
The RBNZ does not allow it and bank could lose it's banking licence they say
Your parents appear to be more than welling to help. What if they signed a personal guarantee, guaranteeing your obligations to the bank? It could be limited to (say) $100k. This gives the bank more security, so should give the bank more comfort?
Unless the issue is that you just don't have enough income to safely support the level of repayments?