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  • Profile photo of lordoftheundeadlordoftheundead
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    @lordoftheundead
    Join Date: 2008
    Post Count: 31

    Thanks again Richard, your a wealth of knowledge.

    i will contact my solicitor 1st thing monday!

    does anybody know how lenders would  view my partners borrowing capacity if she were to supply me with a mortgage from her LOC?

    regards

    Pete

    Profile photo of lordoftheundeadlordoftheundead
    Member
    @lordoftheundead
    Join Date: 2008
    Post Count: 31

    Thanks again Richard,

    i'm guessing a document written up by a solicitor would be the best option but as we are not in the business of ripping each other off are we able to have her money paid into a new account in my name and show myself making repayments with interest – is there somewhere i can get an agreement where i just have to fill in the details?

    thanks again

    Pete

    Profile photo of lordoftheundeadlordoftheundead
    Member
    @lordoftheundead
    Join Date: 2008
    Post Count: 31

    Thanks Richard, very helpfull

    i had considered getting her to lend me money from her LOC but am unsure how to go about it, how does the ato view someone borrowing money then lending it out at the same rate? does it have to be lent out at a higher rate? also is there any issues with partners lending money between them?

    cheers

    pete

Viewing 3 posts - 21 through 23 (of 23 total)