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Hi - yes the mortgages are interest only.
In theory the children could take on the mortgages although some lenders were not happy as they had not had a mortgage prior to this venture.
Joint names currently with my husband and myself
currently own about 40%. 8 houses are BTL on AST with sound tenants. Houses purchase from 1997 to 2003 with our last one being our main home purchased in 2011.
Are you saying we could add our 2 children onto the deeds. If this is the case then doesnt a capital gain arise on the transfer?
The houses are all based in England.