MrGorsky wrote: »
Rental property is 50% shared ownership, with no mortgage.
Value around £80k, we get half of the rental @ £221 net of tax.
warby68 wrote: »
Alternatively is the family loan something you could treat more like a mortgage - offer security in return for not reducing it rapidly?
EssexHebridean wrote: »
The mortgage company would be unlikely to allow this - second charges aren't usually easy to agree, and this would very likely not be seen as a scenario where most mortgage co's would agree to one.
This first-time buyer wants your thoughts
Was it right?
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