We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mum is buying new house... do I buy the current house from her?
Comments
-
k18dan wrote:Do you think it would work if my mum was to carry on paying the mortgage, and I was to give her the money... so may be I could get a contrach made up saying "at this date I payed this much money per mother and the equity from this date would be mine" ??
I spoke to my mum and she said she had be thinking about passing some of her equity from the house on to me anyway as a inheritance... so maybe I could as for a good price on the house.. lol
If I was to rent the house out would I have to have a buy to rent mortgage???
You could always rent a room out? To help you with the monthly cost and i don't think you'd need a buy to let mortgage then either.
http://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/TaxOnRentalIncomeArticles/fs/en?CONTENT_ID=4017804&chk=mGasopLost lbs =
Gained £s = Quidco £261.90, Free Fivers £22.26, Matched Betting0 -
Thanks Claire DC... Intresting reading0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards