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Mortgage name swap?

lingleis
lingleis Posts: 1 Newbie
in Mortgages & endowments
Hi there,
i read a few messages about it and I am still confused.
I would like to swap my name with my girlfriend's name for a property on a existing mortgage. What can I do?
New mortgage completely or there is a better and easier way?
Thanks

Comments

  • yelf
    yelf Posts: 867 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Ask a solicitor about a transfer of equity. The mortgage provider would have to be happy that she could single handedly pay the mortgage
  • koexelek
    koexelek Posts: 7,847 Forumite
    You can take a borrower off a mortgage and replace them with someone else ( as long as the lender is happy) but if you are the sole borrower, you cannot transfer it to someone else.... you have to apply for a whole new mortgage
    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.
This discussion has been closed.
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