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Can he do this????

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  • Dinah93
    Dinah93 Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Bake Off Boss!
    Really sorry to hear that the application was refused Tamazapan, no advice really just condolences.
    Debt January 1st 2018 £96,999.81
    Debt September 20th 2022 £2991.68- 96.92% paid off
    Met NIM 23/06/2008
  • theartfullodger
    theartfullodger Posts: 15,704 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    theartfullodger wrote: »
    Pay NR(us, the people) some money perhaps??

    Cheers!

    lodger

    Tamazapan asked " u been funny there !!!! its £195 to change the parties on a morgage!!! "

    What I mean is it sounds as though you have to stay on the mortgage, NR won't play ball. You therefore are still liable for the mortgage - so start paying what you agreed to do when you took out the loan in the first place..

    Or did I misunderstand something about the terms of the NR mortgage..

    Cheers!

    Lodger
  • Tamazapan
    Tamazapan Posts: 119 Forumite
    No its just we have split up we dont live together and i have to pay to live else where i cant finacially pay both and get by!!
    :kisses2:
    to find a rainbow you must go through the rain
    to find true love you must go through the pain
  • neas
    neas Posts: 3,801 Forumite
    aww thats a bum, any reason given why they wont change him over?

    Maybe two guys are not seen as 'safe' as a 'couple'.... statistically? I.e most guys sharing wont be 'a couple' but friends with different lives and different aims after 5 years.
  • Tamazapan
    Tamazapan Posts: 119 Forumite
    Said that costs dont cover it!!!! What there financially better off as a couple then we where!!!!
    :kisses2:
    to find a rainbow you must go through the rain
    to find true love you must go through the pain
  • Rick62
    Rick62 Posts: 989 Forumite
    Why should she pay anything artfulldodger? She is no longer living there, so her ex and his friend can make the payments.

    NR won't make the transfer mybe because of his credit rating or maybe on principle they won't if in negative equity?

    You need to speak to a lawyer, bacuse at the moment you are fully liable for a property in negative equity and still sinking.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Tamazapan
    Tamazapan Posts: 119 Forumite
    Ok thankyou i have an appointment at a property lawyer firm on Friday off this week. I cant afford to go on paying half and also he has some one living there too why should i be paying half when i have my own living costs. Finacially i cant do this any more ohr im going to sink fast!!
    :kisses2:
    to find a rainbow you must go through the rain
    to find true love you must go through the pain
  • mlz1413
    mlz1413 Posts: 3,025 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Tell your Ex that its time to swap. You have been paying into a house you don't live in and paying for alternative accommdation so he and Peter have had their time and space.

    Now NR won't allow the simple option it's time to swap. He needs to find alternative accommdation and you need to move into house with a lodger/friend and receive the same value from Ex that you have been paying.

    Not sure how long ago you moved out but it's got to be your turn.

    It's not ideal but it should give you a bit of time to save money rather than constantly spend out and it should also focus your Ex on a long term solution.
  • joolsybools
    joolsybools Posts: 1,595 Forumite
    Or everyone moves out, you rent out the property so the mortgage is paid and then move elsewhere.
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