This is not an unusual situation and depending on your personal circumstances it should be possible to raise a mortgage and get the property transferred into your name.
As the property is currently owned by you and your sibling I would steer clear of remortgage packages offering free legal services. These will cover the legal costs of setting up the mortgage but they will not cover the costs of transferring the ownership. You would probably be better of using your own solicitor and taking a remortgage package with a cash back.
If your names are not currently on the deeds you will need to seek legal advice. Alternatively, depending on what you want to do with the property, you will need the appropriate mortgage for this.
For example, if you are looking to rent it out, you will need a buy-to-let. You can read more information about this type of mortgage here.
I believe you would benefit from speaking to one of our independent mortgage advisers. Please call on 023 8235 2300. They will be able to look at your situation and advise you accordingly.
