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Residential status - parents
ljw3008
Posts: 1 Newbie
My parents have recently put their house in my name
Should I change my residential status on my credit file to homeowner instead of living with parents?
thanks in advance for any help
Should I change my residential status on my credit file to homeowner instead of living with parents?
thanks in advance for any help
0
Comments
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If you legally own it yes.
Just as an aside you do realise they've just shafted you by doing this because if you ever want to get a place of your own you'll no longer be entitled to use Help To Buy or the LISA to help towards your deposit and you'll be liable for Stamp Duty which you would have been exempt from with your first property.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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