Hi Shahin, thank you so much for responding, I really am so distressed and your help is much appreciated.

My father and his wife have no super and $125,000 in savings. They will both be working – my dad for at least the next five years and his wife for at least 7 years, so they should be able – with the assistance of the rent coming in – to service the loan and indeed pay most of it off before retirement.

However, the bank will not lend to them due to my dad being 70. He is super fit and a veteran cycling athlete so he has the capacity to work, but banks do not take this into account.

Thanks again,

VJ.