When you say title, what do you mean. the third party we have is only interested in the beneficial interest, that being the equity if any, between the mortgage and value - would the property not stay in our ownership?
Why would the mortgage need to be transferred to him? This wouldn’t be possible as the mortgage company would not allow it.
If the third party is happy for the mortgages, and the title, to be left as they are would this work?
In practice he is only interested in getting the equity from the rents if any.
Sorry I'm a bit lost. Probably becuase I've had a bad day so my fault
I don't want to transfer anything, I want to leave everything as is and third party also wants to leave everything as is. Are you saying this is not possible?