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First time buyer - unemployed with 50% (40k) deposit from matched betting
Comments
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Is it not possible to get the house as tennants in common, have a legal agreement written up saying I own 50% of the house, and my girlfriend is getting a mortgage to make up her 50%.
Or is it possible for me to gift her my deposit money, she then takes out a mortgage and we get a legal agreement written up that I own 50% of the property outright from day 1.
I just find it hard to believe there's no way of doing this, as the way I see it, it's just like if two people wanted to invest in a house, one has 50% ready, the other needs to get a mortgage.0 -
It's due to issues on repossessing a property and therefore not being able to use it as security0
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