number8,

I looked at transferring to my wife but in WA I can only transfer half of the house to her before we have to pay stamp duty.

My wife couldn’t get a mortgage to cover the full value of the house without me backing her up which then would mean I end up paying LMI on our new place.

Is it worth transferring half to my wife now and then the…[Read more]

Hi, Thanks for the feedback and sound advice.

The house is solely in my name and I came round yesterday to ‘selling’ the property to my wife. This is the cleanest way and sorts everything out.

This gives us a max mortgage on the old place which will be treated as an investment property and we can put the monies received into the new house.

Not…[Read more]