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What is the cheapest way to be added to my Wife's existing mortgage?
deanbarlow
Posts: 6 Forumite
Hi,
My wife currently has a mortgage for a property which she rents out. I wish to be added to this mortgage. What is the cheapest way to do this? How do I add my name to the mortgage? What pit-falls / 'gotchas' do I need to be aware of?
Thanks in advance guys.
Dean
My wife currently has a mortgage for a property which she rents out. I wish to be added to this mortgage. What is the cheapest way to do this? How do I add my name to the mortgage? What pit-falls / 'gotchas' do I need to be aware of?
Thanks in advance guys.
Dean
0
Comments
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Has your wife got a Buy to let mortgage or permission to let consent from her lender?
Is she paying TAX on her profit from running a buisness?0 -
You need to get the lenders consent.
Then you'll probably have to be put on the Deeds to the property. You need to fill out a TR1 and an AP1 to go to the Land Regsirty with the new Mortgage DeedCurrently studying for a Diploma - wish me luck
Phase 1 - Emergency Fund - Complete :j
Phase 2 - £20,000 Mortgage Fund - Underway0
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