Is it possible to jointly hold a buy to let mortgage, in my wife's name for tax reasons?

Posted on 21 March 2015 by Chris


Is it possible to jointly hold a buy to let mortgage, in my wife's name for tax reasons?

Is it possible to jointly hold a buy to let mortgage, but have the house in my wife's name who is in a lower tax bracket?

Chris,

Unfortunately, lenders only look at what is known as 'joint application / sole propietor' for residential loans. However, we may be able to approach some of the lenders who manually underwrite cases, to see whether they may able to look at doing the loan in your wife's sole name, if they know that you are in the background.

We'd need to know more about your personal financial situation before we could say definitely if this is possible or not.

If you'd like to discuss your options in more detail, then please contact one of our consultants on 0344 346 3672 and they'll be able to give you a clearer picture of how we could help.

Regards,

Alistair

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