Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    Can I remortgage on an unencumbered house ????
    • #1
    • 26th Feb 10, 2:23 PM
    Can I remortgage on an unencumbered house ???? 26th Feb 10 at 2:23 PM
    Apologies if this is in the wrong place !!!!

    Is it possible to take out a mortgage on an unencumbered house? (think that is the correct term - I own it outright - I have no mortgage on it)

    I've been told that I can and I can't (on both counts, just by friends and not by a professional). I, at the moment, am a stay at home Mum with pre - school children and am not working. My husband is in regular employment but his name is not on the deeds to the house etc, the house was mine before we met. If we are able to take out a mortgage on my house (we'd want to borrow about 20,000.00 - 25,000.00 my house is valued at approx 200,00.00) would the house have to be in his name too??

    Im a real fish out of water when it comes to mortgages etc and would appreciate any help /advice anyohne could offer
Page 1
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

174Posts Today

1,623Users online

Martin's Twitter