Dyna replied to the topic Help please – Company Title friendly lenders in the forum Finance 10 years, 7 months ago
Thanks Terryw.
I understand there is no way to fully protect my FIL. Rather I was looking for the best way to protect his assets and save him unnecessary tax costs.
At this stage, he is happy to be a guarantor and let me use the equity in his "property" as a deposit.The gist of it is that I am about to talk to the lenders and I want to be able…[Read more]
Dyna replied to the topic Help please – Company Title friendly lenders in the forum Finance 10 years, 7 months ago
Thanks again for all the responses.
I have another question about structuring.
TheFinanceShop mentioned doing an equity release.
What tax implications would occur when we sell the property and I want to pay my FIL back?
What if we were to roll the profit into the next deal?My accountant has recommended I set up a trust (planning to buy,…[Read more]
Dyna replied to the topic Help please – Company Title friendly lenders in the forum Finance 10 years, 7 months ago
Thanks everyone for the replies