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mum to sell house to raise cash for kidss
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Go easy on the OP, its their first post, probably their last and asking numptyish questions.....at least they are not trying to advertise a web site or company."Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0
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Assuming your mum wants to and can sell and give you a share, what can she sell next time you get into problems with money? Not to mention all the other problems already stated like deprivation and no where to live should her partner die etc.
Plus her giving you money to pay off debt will in no way help you get a mortgage any time soon. AFAIK mortgage companies/banks check all your income/outgoings very carefully these days. So a massive influx of money would be spotted and questioned. You would need a good answer for the extra money.63 mortgage payments to go.
Zero wins 2016 😥0 -
Golly, what a lot of judgement with such little information. Going back to the OP's question. Yes she can, and yes he can. But you need to see a solicitor and as someone else says she might get into trouble if she needs to pay for care at some point.0
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sounds like your brother will need Derren Brown to convince him to take a mortgage from a rent free position.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
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