DH and I jointly own a property that we let out. DH is a higher-rate tax payer and I am self-employed/freelance with a very varying income, so our accountant suggested that we change our joint ownership to Tenants in Common for tax purposes. We've got a lawyer working on this already and we are thinking to split the property unequally, so I'd have more of a share, because I pay less tax.
However, it has now occurred to us that this may have negative repercussions when it comes to remortgaging in the future, as I am unlikely to get any kind of good deal due to my (very) fluctuating income. Just wondering if anyone else has done this and if they found the same issue? Do we need to get some independent financial advice on this?