Q
Question101
Guest
Hi
I bought a house with my brother five years ago. I plan to pay off my brother his half (with the profits from selling another property) so that I he can buy his own place and I can buy the same house with my partner.
Anyone know if this is just a case of a legal transfer of ownership? Or is it a case of my partner and me getting out a new mortgage and paying more stampduty etc? What other implicatons are there?
Also we are looking to get this done in the next month - is this likely?
Any other advice very welcome
thanks!
I bought a house with my brother five years ago. I plan to pay off my brother his half (with the profits from selling another property) so that I he can buy his own place and I can buy the same house with my partner.
Anyone know if this is just a case of a legal transfer of ownership? Or is it a case of my partner and me getting out a new mortgage and paying more stampduty etc? What other implicatons are there?
Also we are looking to get this done in the next month - is this likely?
Any other advice very welcome
thanks!