My solicitor has told me that in this situation (buying an existing property for investment, I'm a citizen, wife is permanent resident, parents in law are not residents, we want to all be on title), he would need to ask a contact in FIRB, but needs to have a specific property as done on case by case basis. He wants me to wait until I have negotiated the price on a property I want to buy, then tell him the details before I sign so he can ask FIRB if it would work or not.
I want to know in advance however if it would work, as my being able to purchase is conditional on my parents in law being on the title, and I don't want to try to negotiate the price without knowing I'd be able to go through with it.
Is it true that this would need to be determined on case to case basis?
Also what would this make finance difficult- intend to apply for mortgage with my wife and I's income.