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Thinking of giving my house away.....
Comments
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Sell half of the property to a local housing association/council.
Rent out individual rooms maximising any rental income.
Rent out the garage/spare storage areas.
Kill your ex making it look like an accident and get the mortgage paid off and live happily ever after in the house with your new lover.
Im stuck for any others at present........................0 -
my simplistic mind says:
* look on your previous mortgage payments as rent paid (not investment invested in)
* look on the relief you will have getting rid of the property as a price worth paying
* look on the experience as a lesson well learned (with apologies if that sounds real bad)
hope it all works out, babes
hamble the doll0 -
At the risk of reiterating things others have said, transferring the mortgage to your ex-BF alone is only a go-er if he can get a new mortgage to cover the entire property, which would require about 15% as a deposit (which seems unlikely) - and paying the redemption penalty.
The current lender will never agree to release you from the mortgage - currently they have two people to chase to cover the negative equity it's about to enter (or maybe already has). It can't be in their interest to reduce this to one. Sorry.0
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