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Getting a mortgage on part of a home?

nickygen · 2010-10-26 10:15:41

Hi, I was wondering what i can do, i own just over 3 quarters of a house worth c.£140,000 after it was passed to me by my mum, my step dad wants his portion, £25,000, of this so we have put the house up for sale, i would however dearly love to raise this money and keep the house, to keep it i will need to raise at least…

Comments

PasturesNew Posts: 70,698 Forumite

30 October 2010 at 9:53PM

Also, look at extended family - your mum's family, her parents' families.... if you could find just five of them willing to stump up £5k to you each for, say, 2 years, it'd give you time to sort things out. They could buy the piece your step-dad owns, then sell it to you in 2 years' time max, say.

It seems a shame to lose the family home, for such a small amount.

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