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Second time buyer

  • 09-04-2016 09:49AM
    #1
    Brobromococo
    Registered Users, Registered Users 2 Posts: 18 ✭


    I bought a house 8 years ago for 40,000e to invest my money. Now I am going to sell the house to my dad and use 29000e of it as a deposit for a new house. I never got a mortgage or any loans for the house.
    Will I still have to pay the second time buyer 20% deposit even though I never borrowed the first time?


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