does sharing a mortage work, page-6

  1. 1,504 Posts.
    Milo,

    You can add someone to the title, however they will incur stamp duty at % of their interest in the property I believe.

    It's great leaving something for your children behind but the reality is if you want him to get ahead, inheriting a property in twenty odd years isn't really useful now.

    I think it's a bad idea for your son to contribute to the mortgage but not see any benefit until the future.



 
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