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Mortgage for family shared ownership
KeithW1_2
Posts: 1 Newbie
My wife and sister-in-law (SIS) own equal shares in the lease of their late father's flat. My daughter, husband and child live in the flat. SIS wants to sell her half share and daughter wants to buy. Daughter's bank has declined a mortgage. Are there mortgage products available suited to this scenario?
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Comments
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If you mean the declined scenario, it dependents why she was declined.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 -
Maybe income not enough.. Not enough info from OP."It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0
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