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    • dobbollah
    • By dobbollah 10th Sep 17, 8:43 PM
    • 202Posts
    • 69Thanks
    Mortaging on joint ownership.
    • #1
    • 10th Sep 17, 8:43 PM
    Mortaging on joint ownership. 10th Sep 17 at 8:43 PM
    JThe wife and i would like to re mortgage on my house which is joint owned by myself the wife and father.

    The wife and i own 33% each and father 34%

    The house is worth 350000 with no mortgage on it.

    We would like to release 90k to fund a property purchase abroad.

    Do able.....? Or does the fact my 70 yr old father owns a 3rd make it a no no

    Thanks in advance
    Last edited by dobbollah; 10-09-2017 at 9:02 PM.
    Debt free since Jan 2016

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