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Sell 50% House Stake to a Mate?! How Easy?!

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Unless this valuation has allready taken into account a realistic selling price the low point for the transfer value should be 1/2 the realistic equity after selling. Then you split the saving made by not needing to sell.

    This figure will likely be much lower and probably negative where you owe him money

    If you can get him to agree to the higher value then you have done well.

    The key will be can he support this mortgage based on his income and if the mortgage valuer comes up with a high enough number to make this level of borrowing feasable.
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