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Mortgage newbie

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Hi money saving experts.

I have a mortgage question you may be able to help me with.

My Father died last year and left me some money and a quarter share of our family home.

My question is:
Is there any way I can use the equity I have in the family home to get my own mortgage?

Thank you :)

Comments

  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 26 April 2015 at 2:58PM
    A quarter share is not of use in itself. Will the co- owners buy you out?

    Can you buy them out?
    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.
  • Hi, thanks for the reply.
    The answer to both is no.
    Thanks for your help, i will be sticking to renting for now then.
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