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Adelaide grandmother could lose house after going guarantor to help his son get a home

When the bank of mum and dad goes HORRIBLY wrong: Son attacks cameraman when he’s confronted over an unpaid mortgage on the home his ‘heartbroken’ mother helped buy for his family-of-eight

  • Janice Lang and her husband agreed to help their son and his wife buy a home
  • But now the couple – with seven children – are defaulting on their repayments
  • Ms Lang says she is ‘heartbroken’ and worried she will lose her home

A distraught grandmother could lose her home after her son and his wife stopped making repayments on the property she helped them buy.

Janice Lang and her husband agreed to help their son Brenton and his wife Johanna buy a home in Adelaide for their growing brood of seven more than five years ago. 

‘The Australian dream is to own your own home, we wanted to give that dream to our son,’ she explained to A Current Affair on Monday night. 

‘The initial loan was for $210,000.

Footage shows Brenton (pictured) chasing down the man before throwing his camera to the floor and causing the man to also fall to the ground

‘You’d expect that to be less by now but because they have missed so many repayments they have gone the other way. They now owe $240,000 – which is more than the house is worth.’ 

What does ‘going guarantor’ mean?

If a credit provider is not willing to give a loan to a person on their own, they may ask for a guarantee. 

If you sign a guarantee for a friend or family member, you are known as the ‘guarantor’ of the loan.

You are essentially agreeing the person will be able to cover the costs associated with the loan and if they don’t – saying you will repay the bank. 

The self-described ‘private’ grandparents turned to the program to air their family drama after exhausting all other avenues to recoup their funds, and said the entire messy situation has left them ‘heartbroken’.

‘He’s broken my heart,’ a teary-eyed Ms Lang explained.

When A Current Affair confronted Brenton at his home, the father-of-seven lashed out at reporters, threatened to call police and physically attacked a cameraman.

Footage shows Brenton chasing down the man before throwing his camera to the ground.

The relationship remains strained as the couple continue to default on their loans, leaving Ms Lang with a fear she could lose her home.

Ms Lang and her husband opted to go guarantor on their son’s loan – meaning they are legally bound to cover the costs if Brenton cannot.

‘We were married here, we’ve got pets buried here, we’ve had so many fun times here as a family, we just love it, and we work hard for it,’ she said.

She believes her son won’t be satisfied until he sends them bankrupt.  

‘We love our kids, we want to help them but parents need to know this is not the way. This way wrecks you,’ she said.

When A Current Affair confronted Brenton at his home, the father-of-seven lashed out at reporters, threatened to call police and physically attacked a cameraman

 When A Current Affair confronted Brenton at his home, the father-of-seven lashed out at reporters, threatened to call police and physically attacked a cameraman

The self confessed 'private' grandparents turned to the broadcast program to air their family drama after exhausting all other avenues to recoup their funds, and said the entire messy situation has left them 'heartbroken'

The self confessed ‘private’ grandparents turned to the broadcast program to air their family drama after exhausting all other avenues to recoup their funds, and said the entire messy situation has left them ‘heartbroken’



Read more at DailyMail.co.uk


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