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in the present loan if your wife is a co borrower in the HDB then she can only borrow 50% in the next property purchase.

If using your wife name to buy property if she is Singapore then stamp duty is 10%.

Regards
wilson leong
 96305577 
wilsonleong61@gmail.com Read More

Hi,

If her name is included in the loan, LTV will be max 50%. If she is SC, ABSD will be 7%. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

Afternoon,

If your wife's name have being included in the mortgage assessment, then your wife can only obtain maximum of 50% loan on the upcoming purchase.
Otherwise, she should be able to obtain maximum of 80% loan.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Sir,

If your wife's name is inside the ownership of your current HDB flat, then her LTV will be capped at 50%. Of course one way to do it will be to clear off the loan for the current HDB and both you and your wife can be eligible for a max of 80% loan subjected to the banks approval.

From your message, I can see that you are aiming to own 2 properties. The ABSD we are looking at for your scenario will be 7% if she is a Singaporean and 10% if she is a Singapore Permanent Resident. Maybe what I can suggest is that maybe we can meet up for a chat and I can share more with you. Maybe we can come up with some situations which we can fulfill your goals and hopefully save some money in the process.

My partner and myself have served many clients in our real estate journey and many of them are now our friends. Some of them have even left testimonials for us. Maybe you can take a look at our testimonials on our website, www.sgpropertyadvisers.com. I believe we will be able to provide some creative ideas for you and your wife.

Looking forward to hear from you soon! Cheers.

Best Regards,

Jeffrey Heng
Division Director (Sincerus Division)
ERA Realty Network Pte Ltd

** Featured in CEA Newsletter for Great Client Service **
** Featured in Propertyguru Magazine **

Mobile : +65 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.sgpropertyadvisers.com Read More

Hi,

You and your wife can be the co-owners of the HDB flat, but who is/are the borrowers? If you are the sole borrower, then she will be able to loan up to 80%, subjected to ABSD. If she's also the borrower, the LTV is 50%.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More