smartyinfinity
New member
Now I want to put the property on rent and change the name from Joint to my wife's solo name.My wife does not work but she is going to pay the mortgage by rental income.
How can I change the ownership from our joint name to my wife's name and what will be the cost involved.
Thanks for any answer.
thanks for reply, but then she does not any income as mortgage is going to change as 'buy to let' and mortgage would be paid by rent.Letting agency is happy to give us a letter confirming rental income is equivalent to mortgage.
again thanks to all of you for your replies,I have no intention of hiding anything from anyone,I am trying to find all options/ details before speaking to mortgage company as sure they will also try to rebuff as its no income for them, therefore I am trying to get ready with all detaisl before I speak them.
How can I change the ownership from our joint name to my wife's name and what will be the cost involved.
Thanks for any answer.
thanks for reply, but then she does not any income as mortgage is going to change as 'buy to let' and mortgage would be paid by rent.Letting agency is happy to give us a letter confirming rental income is equivalent to mortgage.
again thanks to all of you for your replies,I have no intention of hiding anything from anyone,I am trying to find all options/ details before speaking to mortgage company as sure they will also try to rebuff as its no income for them, therefore I am trying to get ready with all detaisl before I speak them.