My parents are now emigrating and would like their money back, I now have no debt, altho i do have a bad history until January. My boyfriend has perfect credit history, and we are living together. We each earn 25k.
My question is, I don't think i would get a mortgage until after Jan due to my credit and can't do it as i already own the property and as it's shared ownership the banks wouldn't do it anyway, however i am looking to sell the property to my partner, however we will still pay for it jointly, I know the risks, but I am willing to do it.
My question is, if my partner buys the property and it's in his name, would we still be able to have the deeds in both our names or just the name of the person with the mortgage?
Also, do they still do it where they have a primary on the mortgage and a secondary? Would i be considered given that he has such good history and we earn 50k minimum between us, please advise, it's all so confusing