Hello. Much depends on the particular lender's own rules, but generally they want to know that the arrangement is commercial and at arms length. It should be possible to find a BTL lender provided your mother is a tenant on a proper tenancy agreement, paying rent. If youccan't make such an arrangement then I am afraid that most BTL lenders won't lend.
We have a tenancy agreement and my mother is paying rent. could you suggest a BTL lender (without predjudice)?.
Hi Thanks again for your help previously.
My sister owns 25% of the property and I own 75%. there is no morgage.
My sister is considering increasing her percentage as a long term investment.
If she pays me for an increased percentage, should this be taxable (as I would have 'lost' part of my investment.)?