We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
buy a farm with the inlaws/ mortgage advice
Options
Comments
-
That's even worse, are you trying to get a normal residential mortgage?0
-
Funny_old_game wrote: »That's even worse, are you trying to get a normal residential mortgage?
thats he question we don't know how it works what type of mortgage do we need?
can we both ( my hubby and I and the inlaws) be named on the mortgage?0 -
Are you and the inlaws actually wanting to share the property in some way, or can you carve it up between you? Because the latter seems like a cleaner way of dealing with it, and then you can each have your own mortgage. I suspect each of your businesses will need their own mortgage, but you'd be best to seek professional advice.0
-
This is a commercial deal and you will need a sizeable deposit.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards