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Any Mortgage brokers out there- advice please

1 reply

adviceatthislatestage · 23/01/2022 15:22

DD is starting to think of buying her first home.

We're in the south east, so price wise we're looking at £300k for a small 2bed flat.

Is it possible for us to be a joint buyers, under these circumstances:

I have a buy to let with a net yield of £750pm

I earn £35k pa- FT local government

DD earns £29k - F1 NHS

Deposit if approx £35k

OP posts:
BritInUS1 · 24/01/2022 05:43

You would need to also considered

  • additional stamp duty as you have other property
  • capital gains tax on your half when the property is sold

I'm an accountant not a mortgage advisor, so cannot help with that

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