Bad credit mortgages???

fart

Dan-Dan wrote: »

I`m going on about it , because as with many of your other threads , you seem to talk a load of old balls with no real idea of if you know what your on about
And change your font, please

Hahaha no.

I never stated as fact that they'd be liable for it, but i was under the impression they 'probably' would be.

I wasn't even that far off the mark, because brother can't just sell his half of inherited property without paying tax on it, so it's very much relevant that the op looks into it because it could affect the brother's stance.

As for me talking tosh in the rest of my posts - LOL. Maybe i'd take criticism from someone who can spell. Or even string a coherent sentence together. Go away.

Dan-Dan

fart wrote: »

I wasn't even that far off the mark, because brother can't just sell his half of inherited property without paying tax on it, so it's very much relevant that the op looks into it because it could affect the brother's stance.

Explain this


your user name , really is quite appropriate

fart

dan-dan wrote: »

explain this


your user name , really is quite appropriate

No need for the comma in that sentence really either. I hope you don't help your kids with their home work. Now leave me alone, if you want to continue the !!!!!! swinging take it to a pm or something.

Dan-Dan

Really , if you dont know what your talking about , it`s best to say nothing

Now the OP thinks there may be CGT implications , when really , there isnt (for them)

Stick to trolling the Housebuying board

fart

Dan-Dan wrote: »

Really , if you dont know what your talking about , it`s best to say nothing

Now the OP thinks there may be CGT implications , when really , there isnt

Well done brains

At every point i made it quite clear that i wasn't 100% on it (do you know what the word 'probably' means? I take it you don't because you can't spell basic words, but i'm not going to explain it to you) and that it would be something to look into.

I'm not an expert on CGT, but i would assume that being given something worth £60k and then selling it to your brother would have tax implications, because if not that's a ridiculously easy way round the tax.

It's something for OP to investigate themselves.

Anyway like i said, don't bother responding to me. I know you will, but i'll allow you to have the last word in some kind of broken sentence that doesn't make any sense. Great way to derail OP's thread when you could have just simply said 'OP wouldn't have to pay tax if he lives in it first before selling'.

Now go away little man :T

(for them)

Ahh i see you swiftly inserted that bit.

Minimes2012

So should i try for a bad credit mortgage do you think? x

fart

Minimes2012 wrote: »

So should i try for a bad credit mortgage do you think? x

Talk to some lenders first, maybe schedule some appointments with them to see if you can talk it over. I don't have a mortgage but if i was going to get one that's how i'd approach it

Dan-Dan

Whatever you do , dont take Farts advice , he admits he doesnt know what he`s on about , wait for a qualified poster to emerge , one will eventually

GMS

When was the house inherited?

When were the defaults? How much for? When was the DMP completed and was it in full?

Woolwich were never going to do this. The 'adviser' is a salesman chasing targets.

Don't apply anywhere else as this will harm your credit file. Get copies of Equifax, Experian and Call Credit (£2 statutory files fine) and get them to a broker.

Definitely a broker case.

Minimes2012

GMS wrote: »

When was the house inherited?

When were the defaults? How much for? When was the DMP completed and was it in full?

Woolwich were never going to do this. The 'adviser' is a salesman chasing targets.

Don't apply anywhere else as this will harm your credit file. Get copies of Equifax, Experian and Call Credit (£2 statutory files fine) and get them to a broker.

Definitely a broker case.

The house was inherited in March.

My Partners Default was less then 2 years ago (He only has the one) It was for a loan of £13595 but this was settled 2 months ago for £10,600.

I was in the DMP about 6 months ago but came out oif it and settled all my debts individually a month ago.

We are members of experian as we have been frantically trying to improve our rating so have PDFs of our report.

Im normally a very positive thinking solution finder kind of person, but sadly this has really got to me x