Mortgaging a house in someone else's name

[wingwam]

Is it possible to get a Mortgage on a house in someone elses name??

I want to buy a house but I am unable to obtain a mortgage as I am only on a contract employment.
Is it possible to get a mortgage in someone elses name but to keep the house in my name??

 

[plant43]

Re: Mortgaging a House in someone elses name

You should check with a broker about a mortgage. If you can show that your contracts are regular, then the banks might still give you a mortgage.

But it's not possible to mortgage a house under someone elses name. There would be no security registered against the borrowers name.

 

[juke]

Re: Mortgaging a House in someone elses name

You could take out a mortgage in your name and have someone else as guarantor?

 

[Dave Vanian]

Apparently these days if you're a solicitor you can put your name on the deeds of a house that someone else bought and then raise several mortgages against it.

 

[FredBloggs]

Apparently these days if you're a solicitor you can put your name on the deeds of a house that someone else bought and then raise several mortgages against it.

When I read the title to this thread I thought this was a discussion about those cases as oit would appear thats what they did

 

[PM1234]

Apparently these days if you're a solicitor you can put your name on the deeds of a house that someone else bought and then raise several mortgages against it.

Very good