Adding Names To Title Deeds

[Maccers69]

Hello,

I'll try to keep this simple.

My wife & I live with her parents in a house they own outright (no mortgage).

We are in the process of having work done to the property and would like to take out a small mortgage to finish the work.

Her parents are too old (mid-70s) to take out a mortgage.

So, can we either be added to the Deeds to enable us to take out a mortgage in our names (assuming we can find a lender that will just consider us and not her parents), or can the Deeds be changed to our names, and if so would either of those options attract Stamp Duty or another form of taxation?

Hope that makes sense. Thanks in advance for any advice.

[maths]

1. What's there house worth?

2. What size mortgage are you seeking?

[AGoodman]

I would have thought that any mortgagee will want all legal owners to be a party, otherwise they cannot enforce the mortgage in the event of default.