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Re mortgage on a house bought with loan from parents a few days ago ??

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  • Re mortgage on a house bought with loan from parents a few days ago ??

    Hi, I am having to buy a house before my mortgage comes through with a temporary loan from my parents. I am being told that it is not possible to remortgage the property befor a period of 6months has elapsed but they need the Monet back before then.
    I can only presume this is a money laundering precaution. Does anyone know of a way around this. My parents can show that their savings are absolutely legitimate.
    thanks for reading and any advice will be gratefully received
    Tags: None

  • #2
    Talk to your solicitor and lender.

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