My partner and I would like to sell our house and have found a property that would leave us with a very small mortgage. Partner has very poor credit and it would be just me on the application and title. My question is would the lender have an issue with him transferring his full equity to me in order to purchase
Hi guys
Just an update. I went to a broker and I qualify for the amount required all fine. I then went to a solicitor to check the tax situation and the tax aspect of it was ridiculous. Almost half of what is required. I then went to the credit union to request a home improvement loan to avoid the tax aspect- I know but it is a lovely house- but was denied outright over a 5 minute call. They don’t do meetings anymore. No missed payment. Clean ccr. My income is alright and it would reduce the mortgage payment by a third. Hands are tied unfortunately. Any suggestions. It’s urgent a family have moved in who are using and dealing drugs. It was a lovely neighbourhood
A small minority of solicitors are members of the Irish Tax Institute or hold similar qualifications. Most don't. That's why I thought it odd that you went to a solicitor. Are you sure they were competent to advise you?