Sharing costs of buying

Thrifty

Registered User
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Hi, I have a friend who wants to buy in Dublin. He's a first time buyer, has a good job so he is likely to get a mortgage of about €320,000. Her parents want to help him out financially so he can get a good property with the idea of renting out rooms. They are considering taking out a mortgage on their property of about €100,000 and see this as a kindof investment. For stamp duty purposes i would assume it is better to buy in his name but how would there interest be protected and what is the best way to hold the property? As anybody else had experience of this. Any comments would be appreciated.
 
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