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 Joint name properties, Need help

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cdspins
post Aug 27 2015, 09:06 AM

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QUOTE(Tavia88 @ Aug 27 2015, 01:42 AM)
Why not go for 3rd party charge? SnP 2 names and Loan under your name.
Or if really no choice as you mentioned above, there is some way out of it such as Prepare a trust deed. Enter caveat to protect your interest on that property. Can pm me if you wish to clarify more on it. Hope this answer part of your question.
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Hmm... last time I chat with banker, I think it is no more possible to have SnP 2 names when loan under a single person name
cdspins
post Sep 13 2015, 12:01 AM

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QUOTE(peri peri @ Sep 11 2015, 04:13 PM)
why not? third party owner. still valid until today
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Hmm... not sure, ask my banker friends and he told me that it is difficult and will be pending bank discretion. According to him, it usually only works for family members, husband working, wife not working. Or Children working, parents not working.
For TS case, since both partner is working and non-related, and TS is taking the full loan of the house instead of 50%, bank mostly will not approve.

 

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