Hi, i would like to add a name to the house title deed but remain myself as the sole loan borrower. Can anyone advise me on the legal process and cost involved (hope to suggest a cheaper way)? I bought the apartment at 280k September 2015. Currently i'm the only name on this property. Thanks so much!

This post has been edited by kiviyim: Jul 14 2017, 03:39 PM

the apartment already have strata? (base on ur title i assume still master title n strata is not avail)

u need bank's consent first. otherwise u need to settle the loan.

add/remove name on title not as straightforward as others may think.

yes, it's still master title and can get VP by end of the year.

so how's was the process ya? and how complicated it is?
just get bank's consent and the following process?
sorry i'm noob on this, coz i'm 1st time property buyer.
thanks!

then there's no point in doing so.

why didn't put 2 names in first place?

bank unlikely will give consent because it will be considered a 3rd party loan. And most banks will not approve 3rd party loan unless the other fella is close blood related (eg sibling/parent)

as of now, most important question is - why now want to put the other name? for what purpose? then only i can advise accordingly.

This post has been edited by hanhanhan: Jul 14 2017, 03:28 PM