BillyPiper
Registered User
- Messages
- 66
I presume if it was possible it would have been purchased as an investment property ?
I would be splitting my half with my partner and she would be buying as a first time buyer, mine would be presumably investment mortgage.
Not sure what you are trying to say here. You cannot get two seperate mortages on one property. It would have to be a joint mortgage. And thus your partner would not be able to avail of first time buyer status
To qualify for the relief the entirety of the purchase monies, including any borrowings, must be provided by the first time buyer. Any person, who provides part of the purchase monies or who is a party to any borrowings relating to such purchase, is also regarded as a buyer of the house and the relief will not be available unless that other person is also a first time buyer.
Is this true though? If you can't sell (as it's neg equity for example) can you rent your AH out without being 'found out' and penalised in some way?Dont bother telling the council anything, its none of their business and they wont care anyway as long as mortgage is being paid.
Is this true though? If you can't sell (as it's neg equity for example) can you rent your AH out without being 'found out' and penalised in some way?
Hey,
If your planning on renting it out be sure to have sound neighbors!!!!
I'm trying to get confo fro the CO Co about re-mortgaging & buying them out but it can't be done. I was having a chat with them about all the ins & out of the contract & have been told that as it is government legislation they can do nothing for me.
In conversation they told me that are currently bringing a girl to court as they found out she was renting the house out & living with her boyfriend. I'm sure it will have some tax implications for her as she wasn't declaring her earning on the house to the tax man.
I was under the impression if you sold the house & your mortgage cleared that the Co Co would get 100% of the money once the mortgage was cleared. From reading the comments I bought my house for €151,000 and have €130,000 left. If I sold it for €140,000 could I hold onto the €10,000 & the Co Co wouldn't be entitled to it as my house was purchased for €151,000????
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