Join Australia's most dynamic and respected property investment community

Spouse on title other spouse on mortgage.

Discussion in 'Property Finance' started by Lamby, 16th Apr, 2016.

  1. Lamby

    Lamby Member

    Joined:
    16th Apr, 2016
    Posts:
    17
    Location:
    South East SA
    In the process of buying a block of land for investment purposes with the in-laws and want to structure it so that the respective wives are on the title (cgt reasons, both stay at home mums). However the loan will need to be done using my and my father in law's income for servicing.

    Have started the ball rolling via CBA, loans won't be crossed, etc and in that discussion it went from having all four on the loan to just the husbands. At the time I thought "fair enough" but since thinking about it I've begun to wonder if that's actually possible?

    Before I chase it up Monday I thought I'd ask here, have done a search of propertychat and somersoft but couldn't find anything that matched these circumstances.
     
  2. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

    Joined:
    18th Jun, 2015
    Posts:
    9,030
    Location:
    Sydney
  3. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,576
    Location:
    Sydney or NSW or Australia
    I thought that the op had 2 spouses ;)