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Ex Partners Mortgage and Finance (HELP)

Hi, im new to this so hopefully doing this right?:confused:

Myself and girlfriend are hoping to get onto the property ladder in roughly about 16-18 months. My credit history is fine however my girlfriends may have been affected by her ex partner.

My girlfriend secured a mortgage on a property and finance for windows with her ex over 2 years ago and is in the process of getting her name off the mortgage.

However, her Ex has missed a payment on the mortgage when my girlfriend had already split with him. Will this affect her credit rating, even though she had split with him for some time, and will it affect our chances of securing a mortgage??

Also, Is it possible for my girlfriend to be 'dissociated' from her ex, so her credit wont be affected as these missed payments were incurred by her ex once they had split.

Also, my girlfriend has asked her ex to have her name removed from the finance agreement and asked her ex to settle the existing loan either by means of capital or further finance. As yet, no progress has been made, do you know of any 'get out' clauses or legal routes to have her name removed as she has no longer any connections with the property?

Any information and help will be appreciated, all I want to do is build our future and avoid any possible hic-cups when we are ready too buy.

Thank you

Comments

  • luckyfool
    luckyfool Posts: 1,683 Forumite
    Unfortunately as she is named on both these finance agreements she is still going to be effected by any payment problems or arrears occurring after they separated and for as long as she remains on the accounts.
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