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Tennents in common mortgage

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  • 16-01-2018 2:11pm
    #1
    ABE
    Registered Users Posts: 116 ✭✭


    Hi, I've been looking online to see if I can get a Tennents in common mortgage but I can't see any banks that offer this based on search results.

    Does anyone know of any banks or providers that offer this type of mortgage in Ireland.

    Tennents in common mortgage.


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    #2
    ted1
    Registered Users Posts: 23,524 ✭✭✭✭ted1


    I believe that Irish law wouldn’t allow it.
    You’d be left laying about 30% plus on capital gains tax.

    Just get a regular joint mortgage and take out life insurance and name the other party as the benefitor.


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    #3
    ABE
    Registered Users Posts: 116 ✭✭ABE


    The reason I ask is its listed on he citizens advice page

    http://www.citizensinformation.ie/en/birth_family_relationships/cohabiting_couples/property_rights_and_unmarried_couples.html


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    #4
    irishguy
    Registered Users Posts: 3,299 ✭✭✭irishguy


    ABE wrote: »
    Hi, I've been looking online to see if I can get a Tennents in common mortgage but I can't see any banks that offer this based on search results.

    Does anyone know of any banks or providers that offer this type of mortgage in Ireland.

    Tennents in common mortgage.

    there is no such thing. you get a joint mortgage and your solicitor does up a tenants in common agreement. It is very common for non married people buying a place and is worth putting in place. Just to a solicitor


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