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Can I have a share in the property but not be on the mortgage?

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Comments

  • tux900
    tux900 Posts: 412 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Alright, let's put it another way. A half share of a house does not generally have an open market value. What you describe only happens where people know each other and the buyer wants to live with the remaining owner

    I can't imagine there's usually ever any other scenario!

    Mathew
  • deedee71
    deedee71 Posts: 918 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 1 June 2010 at 11:17AM
    MJNewton wrote: »
    I can't imagine there's usually ever any other scenario!

    Mathew

    My ex has a second security on my property and certainly doesn't want to live with me :rotfl:

    It could be an option though for the OP - an agreement that £20k from any sale (or at some distant point in the future) is paid
  • tux900
    tux900 Posts: 412 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    deedee71 wrote: »
    My ex has a second security on my property and certainly doesn't want to live with me :rotfl:

    Touche!!! :rotfl:
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