steven8719
Registered User
- Messages
- 9
4) As we are not yet married, I believe I can still apply as a single applicant? In this scenario, what are the legalities if I purchase alone and my Fiancee moved in after a time? I understand that after a certain period of time the person who moved in acquires rights to the property. That is fine and outside of the scope of my question here - my question is that if I apply alone on the basis that I would be the only person living in the property, purchase the property and ask my Fiancee to move in after a couple months, do the banks consider it a fraud application as two people would now be living there, and seek legal recourse to recover the loaned funds? In short, am I allowed under law to buy and then invite someone to live with me rent free?
@ Steven8719. I'm not really advocating the following but just throwing an idea out there. At the moment your fiancee is single with a good deal of time on her hands. Now might be a good time to start a family.
As a single parent with no income she'd probably get a house to live in, children's allowance etc. you'd have to keep a little bit of a low profile but i'm sure you could visit fairly often.
Postpone the wedding for a few years.
Steven - my advice - don't panic. The property market goes up and down and is probably a bit over-heated at the moment.
Get married. Rent for a year, or 3. Your wife will get a new job and will be permanent before you know it. You can then get your mortgage and your house, even if its a year or 2 later than you planned.
Enjoy your life. There's more to life than mortgages and houses. One of you has a full time job. You wont be on the streets.
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