Do inhibitions against my father prevent me taking over his mortgage? | Money | guardian.co.uk
Q My retired 69-year-old dad has an interest-only mortgage on our family home in Scotland, which has just ended. He doesn't have nearly enough money to pay off the balance, and due to his age he has been unsuccessful in finding a new lender to extend the mortgage. It would be easy for me to do this with a new lender given my age and income, and I am considering taking part ownership of the house so I can do this.
But my dad has several inhibitions against his name and, as I understand it, these prevent him from making changes to the ownership of any property in his name. Is there any way I can proceed without getting the inhibitions discharged, or do we have no choice but to deal with these first? QK
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment