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Removing Mum when I remortgage

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Comments

  • TrickyDicky101
    TrickyDicky101 Posts: 3,534 Forumite
    Part of the Furniture 1,000 Posts
    Tashou wrote: »
    @getmore yes we did have a tennants in common agreement when the property was purchased so I think we should be ok on that front.

    What was the ownership proportion between you and your mother?
  • Tashou
    Tashou Posts: 11 Forumite
    If I remember correctly it was 99% to me and 1% to her
  • TrickyDicky101
    TrickyDicky101 Posts: 3,534 Forumite
    Part of the Furniture 1,000 Posts
    Tashou wrote: »
    If I remember correctly it was 99% to me and 1% to her

    That's good - doesn't look like there will be any CGT liability then. No SDLT either due to the mortgage size. So just a question over affordability and the ToE cost (as already stated).
  • ACG
    ACG Posts: 24,746 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    The £300-500 is in total.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, 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.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fourth Anniversary
    ACG wrote: »
    The £300-500 is in total.

    Thank you, the law firm nationwide use have sent a list and they quote £245 (excluding disbursements) so not too bad.
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