Mortgage issue

Joe_Bloggs

There may be issues of your fathers equity in the property. This may be in the hands of the Official Reciever. Tread carefully, find out all the facts, go to CAB to seek where else to go to and what to find out.

J_B.
Since bankruptcy/Insolvency is a public and matter you can find out who is still bankrupt here :- http://www.insolvency.gov.uk/eiir/

regularsaver1

Yes sometimes the mortgage provider may not release him from the covenants

MortgageMamma

It's the OP#s mothers partner who is bankcrupt not his dad who wants cash for the house.

As I said earlier, solicitors first, financial advice later. There's no point even speculating over the financial implications until you have had the correct legal advice and your mother has made an informed decision.

regularsaver1

I'd agree about solicitors

I deal with existing mortgages and deal with plenty of TOMP applications (Transfer of Mortgaged property) - but I always stress to them about having legal advice. They need a solicitor anyhow