A
AnneD
Guest
Hi
My friend has recently married and is building a new home. Her husband owns the site and it is registered in his name for tax reasons. However, the mortgage will be in both of their names and will be paid for by both my friend and her husband. The bank and her solicitor have both advised her to get legal advice about this. Does anyone know what the risk for my friend might be with this? Is this an arrangement that she should be concerned about??
Thanks for any advice provided.
My friend has recently married and is building a new home. Her husband owns the site and it is registered in his name for tax reasons. However, the mortgage will be in both of their names and will be paid for by both my friend and her husband. The bank and her solicitor have both advised her to get legal advice about this. Does anyone know what the risk for my friend might be with this? Is this an arrangement that she should be concerned about??
Thanks for any advice provided.