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New House pt 2
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[quote][i]Originally posted by taylorboosh[/i] Imagine that you are similar to me and got gifted equity in your other house? Or similar - or the mrs had something to sell I was gifted the equited from the father in law.... He bought the house in 2003. He put the house in his partners name to save tax or something, already owned another house. In 2011 he split up with her and bought the house from her - it was a fiddley way and he gave her £30k or something. His mate is an accountant/broker so sorted the figures so they work. Myself and the mrs have rented the house from him since and covered the mortgage. He transfered it into our name last year with some clever figures from his mate [URL=http://s209.photobucket.com/user/corsabadboy/media/6B7AB23F-AB27-4881-82DF-5CC48109C0FD.png.html][IMG]http://i209.photobucket.com/albums/bb271/corsabadboy/6B7AB23F-AB27-4881-82DF-5CC48109C0FD.png[/IMG][/URL] Its a nice street, not many come up for sale but the last one that did - and was the same as ours was £220k a couple years ago. Dont know much about houses but think values went up? Anyway they didnt sell as they got back together [URL=http://s209.photobucket.com/user/corsabadboy/media/B5621A69-2453-4CCA-B4F6-124A8EC9CB1E.png.html][IMG]http://i209.photobucket.com/albums/bb271/corsabadboy/B5621A69-2453-4CCA-B4F6-124A8EC9CB1E.png[/IMG][/URL] [/quote]
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