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Can my brother get a mortgage to buy beneficial interest?
clairev
Posts: 169 Forumite
My brother wants to help us get out of the mess we are in and try to prevent us having to go BR. If he bought the equity in our house we could probably get ourselves straight without gong BR as another relative has offered us a loan. However he hasn't actually got the money in a lump sum. Is there anyway he could borrow to buy part of our property and us keep the rest onthe mortgage? He has a couple of buy to let properties which are doing well and has equity in his personal home.
something missing
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start by chipping the amount offered way down low......low......lower.......lower still.....0
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maxmc - sorry not sure what you mean - do you mean amount offered for BI if we go bankrupt - sorry for being thick!something missing0
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yeah they will make you an offer if you like i think she is saying haggle and then some!!!Bsc no 224
'Only The Paranoid Survive'
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sorry, who will make an offer ? - the OR?:embarassesomething missing0
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wallopadonkey wrote: »i think she is saying haggle and then some!!!
Max you sly old devil:D short for maxine????0 -
How much equity is there in the house?BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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