Terryw wrote:
The trouble with this is 1. The parents would pay CGT on any increase. 2. You have not used your CGT main residence exemption. If property was in your name it could be CGT exempt. 3. Parents could change mind 4. Parents could go bankrupt 5. You could divorce etc etc

What if you just borrowed a deposit from the parents?

This…[Read more]

Thanks Richard

Sorry let me clarify.

Parents will purchase an investment property in their name (they can definitely service the loan themselves) myself and my partner will live in that home and pay 'rent'.

When the house sells the parents will hand over 70% of the profits for us to use as a deposit for our own house.

Basically I want to know…[Read more]