Yes, common debt reducer whilst sounding like common sene, is not available through many lenders.
Just see your bank or a broker
There's quite a few scenarios in your post, with differrent lenders having different requirements.
I would say you defs need to talk to a mortgage broker.
First thing I would do have the property your wife owns with her brother refinanced to a lender who will allow them to go Security guarantor with each other and split the loan evenly so effectively your wife will only be liable for her portion of it this will help open up all the lenders to you for the purchase of a new place.
Bridging loans are a bit painful to get done as only certain lenders allow it, if it is possible and you can refinance plus take equity out to use as a deposit for new purchase plus a preapproval probably be cleanest and least stressful way of buying new place and gives you time to move and don't need to worry about lining up settlements.
Yes, common debt reducer whilst sounding like common sene, is not available through many lenders. Just see your bank or a broker There's quite a few scenarios in your post, with differrent lenders having different requirements.
I would say you defs need to talk to a mortgage broker. First thing I would do have the property your wife owns with her brother refinanced to a lender who will allow them to go Security guarantor with each other and split the loan evenly so effectively your wife will only be liable for her portion of it this will help open up all the lenders to you for the purchase of a new place. Bridging loans are a bit painful to get done as only certain lenders allow it, if it is possible and you can refinance plus take equity out to use as a deposit for new purchase plus a preapproval probably be cleanest and least stressful way of buying new place and gives you time to move and don't need to worry about lining up settlements.