• Remortgage House In Own Name With Transfer Of Equity From Brother Co Owner

    By Guest on 05th Nov 2020

    Hi my brother is giving me his share of the house by transfer of equity as our re-mortgage is coming to end of term and i want to move to new lender. I have a mortgage offer but on the conditions it ask of any adult occupier will be in property and that if my brother will still reside after completion. Can my brother remain after completion date until he finds other house or will i have to ask him to leave and why is lender asking if he will remain he said he is happy to sign deed of postponement until he moves out. If he stay,s will mortgage offer be refused or will lender be ok for him to stay until he find other house. Just don,t want to lose this re-mortgage please can you give me any advice.

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