Beeepboo

Thank you for the reply. i guess it's back to one square one again. I was thinking about trying to appeal to hdb to see if his parents could continue with the hdb loan but it seems like chances are slim.

Hi! I need help with some issues regarding the removal of name from existing hdb flat. My DH (Singaporean) co-owned a flat with his parents (Singapore PR) and have been contributing for the flat using his cpf. He needs to remove his name from this existing flat before the new flat comes but we are facing many issues. His parents are not able to get a hdb loan since they are pr and would have to get a bank loan. However, the bank doesn't allow for transfer of shares and hence, my DH has to sell his share to his parents. But the complication arises because the bank is unwilling to give them the loan since mil and fil has really low income. The recent call to hdb, they told us that DH has to pay back his cpf + interest and redeem 1/3 of the loan amount. This is insane. Anyone who experience this issues before can give us some advise? Parents refuse to sell the house or downgrade. We have been to the hdb, banks but to no avail and different information is always given. The bank told us to ask hdb and hdb told us to consult the bank. Really confused. Thank you.