We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can we buy this house?

2»

Comments

  • MB1975
    MB1975 Posts: 27 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    MWT - I am not sure what you mean? We will approach the £10,000 from my partner as a gifted deposit. They will sign about that accordingly (ie that it is a gift and they have no interest in the house). We have done this previously. Is there something else I need to think about? 
  • MB1975
    MB1975 Posts: 27 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    Thanks dwsjarcmcd - that is a good idea. We have a nice house in a desirable village location - great school catchment. So I am anticipating being sold within 6 months. 

  • MWT
    MWT Posts: 10,841 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    edited 4 April 2021 at 3:02PM
    MB1975 said:
    MWT - I am not sure what you mean? We will approach the £10,000 from my partner as a gifted deposit. They will sign about that accordingly (ie that it is a gift and they have no interest in the house). We have done this previously. Is there something else I need to think about? 
    It just depends on the lender, some are fine with that, some are not, just need to be sure your lender is one that is OK with having a source of a gifted deposit resident in the property...
    Will your partner be on the deeds?

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.