UK Landlord Forum / Life

Hi, this is my first thread on this forum and I'm so glad I've found it, a lot of my questions have already been answered just by reading through your comments.

I'm 19 and am looking for a place to buy with my mum who is splitting from her current partner. We have found a new build site that requires a 5% deposit on a help to buy scheme. As my mums name is still on a mortgage my first question is will she be able to put down a deposit? If she isn't able to then our other option is to put the deposit and mortgage into my name...I have looked all over the internet for my following question and can't find an answer anywhere!!!

If the mortgage deposit goes in my name, would I be able to add my mum at a later date and then remove myself?? Or am I stuck on it as I'm the lead name?
All of is is very confusing for me, I'm trying to help my mum out as much as possible so any answers or advice you can give me will be greatly appreciated!!!

A person can have more than 1 residential mortgage.

www.Beaumont-Legal.co.uk

These guys are good, speak to them, they will soon let you know what you can and cant do.

To be honest, nothing you mention is a problem at all. Dont worry. Good luck.