my mother and father and my brother and i are thinking of buying a house together is this possible through solicitors and my brother and i are first time buyers . the house price is about 400k is this allowed i know this is a complicated purchase but we are a very close family and have no money worries as we have a few other propertys. We are thinking of this venture as we hope to have it paid off in 5 years
Of course it's possible for three people to jointly buy a property! Get independent professional advice about the investment, tax and other implications of such a venture.
In order to avoid paying stamp duty you would all need to be first time buyers unfortunately. neiter could you get TRS if it is an investment property.