S
SMcDDB
Guest
Hi,
First time posting but I'm really confused and would seriously appreciate some advice. My boyfriend and I are buying an apartment-we have got mortgage approval in principle but only using his annual income and a property he received as early inheritance which amounts to about half the price of the new apartment. Our broker has now told us that I might not be able to be put on the mortgage at all, as I am not a permanant worker (doing agency whilst I qualify as a solicitor). If I am not on the mortgage does this mean I cannot be on the deeds to the apartment?
If I can't be on the deeds now, how do I get on them in the future but more importantly, how much does it cost? Stamp duty applicable? or Capital Gains Tax? I probably should know this re my legal studies but it's more of the tax issue which I am querying.
Thank you so much anyone who can help.
First time posting but I'm really confused and would seriously appreciate some advice. My boyfriend and I are buying an apartment-we have got mortgage approval in principle but only using his annual income and a property he received as early inheritance which amounts to about half the price of the new apartment. Our broker has now told us that I might not be able to be put on the mortgage at all, as I am not a permanant worker (doing agency whilst I qualify as a solicitor). If I am not on the mortgage does this mean I cannot be on the deeds to the apartment?
If I can't be on the deeds now, how do I get on them in the future but more importantly, how much does it cost? Stamp duty applicable? or Capital Gains Tax? I probably should know this re my legal studies but it's more of the tax issue which I am querying.
Thank you so much anyone who can help.