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Help To Buy ISA Qualification
I have a HTB ISA which I am unsure if I can use in my current situation.
My partner already has a Mortgage on a house that I am joining into. As she already has the mortgage, to add me on I am being added to the deeds and we are remortgaging to add me to the mortgage. Am I able to claim the HTB bonus in this situation or because she already has the mortgage and we are just remortgaging and adding my name in does that mean I do not qualify?
Comments
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If you're being added to the deeds via a suitable conveyancer then that's effectively you making a qualifying purchase (assuming the property is valued within the HTB ISA limits) and so you can use the HTB ISA including bonus.
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the house value is usually the killer on help2buy, don't get much for 250k/450k these days. A 2 bed house near me is over 500k well outside of London.
Sense is not common.0 -
It's very much dependent on where you want to live.
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