uncleseano
Registered User
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- 29
We are in a great position of having and older sister who is willing to help with us getting a mortgage. We've checked with every major bank and broker and two routes are open us.
Basically we cannot get a residential home loan, ONLY as an investor can we get a property as my sister is a non resident.
The two routes are:
1: Ulster-bank investor buy to let. We can get named on the mortgage and deed of the house
2. Haven (Under AIB), investor loan again BUT with home loan rates. My sister HAS to be the sole owner of the property/deed but those rate look great.
In short I'm asking, what are the pit falls we should look at for at transferring the deed of a house. What are the tax issues, capital gains tax etc?
Any advice?
Basically we cannot get a residential home loan, ONLY as an investor can we get a property as my sister is a non resident.
The two routes are:
1: Ulster-bank investor buy to let. We can get named on the mortgage and deed of the house
2. Haven (Under AIB), investor loan again BUT with home loan rates. My sister HAS to be the sole owner of the property/deed but those rate look great.
In short I'm asking, what are the pit falls we should look at for at transferring the deed of a house. What are the tax issues, capital gains tax etc?
Any advice?