{"id":2927,"date":"2015-09-24T13:00:02","date_gmt":"2015-09-24T06:00:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-brother-and-i-are-struggling-to-split-our-inherited-house\/"},"modified":"2016-01-28T14:31:44","modified_gmt":"2016-01-28T07:31:44","slug":"my-brother-and-i-are-struggling-to-split-our-inherited-house","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-brother-and-i-are-struggling-to-split-our-inherited-house\/","title":{"rendered":"My brother and I are struggling to split our inherited house"},"content":{"rendered":"


\nHe thinks he\u2019ll have to get a mortgage as well as raise a deposit in order to buy me outQ My brother and I have inherited a house and we each own 50% of it. He currently lives there with his partner and intends to do so for quite some time. I would like to sell him my 50% so that I have money to buy my own property or do with it as I wish. The value of the house is roughly \u00a380,000, so I would be entitled to \u00a340,000 in cash.My brother is under the impression that he has to take out a mortgage on 50% of the property value to give to me, and so would need at least 10% of the mortgage value as a deposit for the bank who supplies the mortgage. Continue reading…
\n
\nSource : theguardian.com
\nRead more…My brother and I are struggling to split our inherited house<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

He thinks he\u2019ll have to get a mortgage as well as raise a deposit in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-2927","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ld","jetpack-related-posts":[{"id":98435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-my-ex-partner-get-a-mortgage-deal-so-she-can-stay-in-our-house\/","url_meta":{"origin":2927,"position":0},"title":"Can my ex-partner get a mortgage deal so she can stay in our house?","date":"September 24, 2018","format":false,"excerpt":"\r She doesn\u2019t have funds to buy me out and couldn\u2019t afford to pay the whole mortgageQ My partner and I bought a house together as tenants in common with a four-year fixed-rate mortgage. The house was \u00a3370,000 and the deposit was \u00a3150,000 which I had inherited on my dad\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ive-inherited-a-house-should-i-sell-it-or-repair-it-and-rent-it-out\/","url_meta":{"origin":2927,"position":1},"title":"I've inherited a house \u2013\u00a0should I sell it or repair it and rent it out?","date":"April 2, 2018","format":false,"excerpt":"\r I\u2019m 26 and earn just over \u00a320,000, so a buy-to-let mortgage would be a big undertakingQ I have inherited my grandmother\u2019s house (which an estate agent has valued at \u00a3160,000 at the most), while my brother also inherited another small property that she had been renting out before she\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-put-money-i-inherited-towards-an-isa-or-the-mortgage\/","url_meta":{"origin":2927,"position":2},"title":"Should I put money I inherited towards an Isa or the mortgage?","date":"December 9, 2019","format":false,"excerpt":"\r I have a lot to pay on the mortgage but I wonder whether putting it into my pension might save on taxQ I am 50 years old and have just inherited \u00a335,000. This is likely to be the last money I inherit, so I want to be careful about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-first-time-buyers-can-we-take-out-a-buy-to-let-mortgage\/","url_meta":{"origin":2927,"position":3},"title":"As first-time buyers, can we take out a buy-to-let mortgage?","date":"April 27, 2017","format":false,"excerpt":"\r We rent in Oxfordshire but want to buy property near Sheffield to let until we move thereQ My partner and I have been renting for the past seven years. We live in a salubrious part of Oxfordshire in a house we would never be able to afford to buy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-pay-inheritance-tax-twice-on-a-netherlands-property\/","url_meta":{"origin":2927,"position":4},"title":"Will I have to pay inheritance tax twice on a Netherlands property?","date":"November 20, 2023","format":false,"excerpt":"\r I wonder if bringing proceeds from sale of parents\u2019 home to UK for a deposit means I have to pay againQ I\u2019m selling my parents\u2019 home in the Netherlands after my brother and I inherited it. We\u2019ll have to pay inheritance tax in the Netherlands but if I bring\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-a-first-time-buyer-do-i-earn-enough-to-get-a-mortgage\/","url_meta":{"origin":2927,"position":5},"title":"I'm a first-time buyer \u2013\u00a0do I earn enough to get a mortgage?","date":"June 17, 2019","format":false,"excerpt":"\r I\u2019m worried that the repayments on my help-to-buy loan will count against me with a lenderQ I hope you might be able to provide some insight for me as I begin my (optimistic) search for a first property. I\u2019m 26 years old and single and a couple of years\u2019\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2927"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=2927"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2927\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}