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Buying a house for someone else?

2»

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Pincher wrote: »
    The only problem you'll have is if the solicitor gets dilligent on his money laundering responsibilities. Potentially, the girlfriend can end up with a huge income tax bill. That's why girls prefer diamonds, untraceable by the Inland Revenue.


    this is totally incorrect
  • VIGILANT22
    VIGILANT22 Posts: 2,516 Forumite
    CLAPTON wrote: »
    this is totally incorrect

    I know, but it is funny....:D
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    CWCDiver wrote: »
    That is a tad unromantic.. Plus she would never accept that....

    giving a house doesn't seem very romantic either
    however girls won't refuse a house or money but letting her actually buy it legally saves lots of hassle for both parties
    use some imagination, you don't have to actually give her the money just write the cheque out for the house.
  • VIGILANT22
    VIGILANT22 Posts: 2,516 Forumite
    Alongwith the cheque, (as Pincher stated) you will need all your documentation, ID, proof of source of money etc to satisy money laundering requirements...
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CWCDiver wrote: »

    I am sure it will work out. However if you fit in the right bracket and you don't mind being the other woman, then drop me a line :rotfl:
    I'm far too special to be the other woman.
    I can supply a Rightmove link to the house ... is £645k too greedy?
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    shegirl wrote: »
    Can I have your number incase I ever get bored of my man?
    No gazumping ... and you're in a chain.
    I'm a FTB, so a better bet.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Pincher wrote: »
    That's why girls prefer diamonds, untraceable by the Inland Revenue.
    Ah - so THAT's what finishing school is for!
    All these handy insider tips are coming out now we have the Internet.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    VIGILANT22 wrote: »
    Alongwith the cheque, (as Pincher stated) you will need all your documentation, ID, proof of source of money etc to satisy money laundering requirements...

    nothing to do this tax of course
    but I'm curious what evidence you have for this statement
  • CWCDiver
    CWCDiver Posts: 1,820 Forumite
    Well thanks for the advice everyone. I foolishly waited for Monday to come round and consulted my solicitor and as a result the house is sold to a cash buyer. Next time I will just be more impulsive and forgo all the legal aspects.
    It must be accepted as a principle that the rifle cannot replace the speed of the horse, the magnetism of the charge and the terror of cold steel.

    The British Cavalry Manual 1907.
  • Radiantsoul
    Radiantsoul Posts: 2,096 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CWCDiver wrote: »
    Well thanks for the advice everyone. I foolishly waited for Monday to come round and consulted my solicitor and as a result the house is sold to a cash buyer. Next time I will just be more impulsive and forgo all the legal aspects.

    They sold the house on a Sunday?
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