Search results

Thanks Medine. It's purely to minimize her involvement -- she will be gone overseas for a long time (from before auction date to after the settlement date), PLUS, since it's not her worry (ie. the house will get sold if I can not repay), so thought better leave her out of this. All I want...

Raddles, would you please explain the reason? As quoted from my link above: But since she will not be able to repay anything?:confused: Thanks again:)

I just spoke to someone from one of the financial institutions, and she insisted that my partner has to be listed as a borrower not a guarantor even though she's not servicing the loan?? This is confusing, because on the first page of their application form, you actually need to tick as...

Thanks very much Raddles and Peter. Yep make much more sense now on the loan. I am still thinking how this Power of Attorney would work -- I understand the concept, but how will the money flow? i.e. do i need to transfer all my funds to my solicitor's trust account first? then my PoA does the...

I'd like to seek some help please. I am buying a property (owner occupied) that will be under my and my partner's names. She has no income and no assets at the moment. I need to get a loan for about 20% of the purchase price (I got the rest in cash). I intend to apply for the loan under my...