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Relationship breakdown joint mortgage options

me and my now ex partner own a house (no equity in it) 50% each, we need to get rid of the house but selling it will take too long and we'll make a huge loss that im guessing we'll have to pay back!

i would take it on myself but cant afford it alone and cant get a lodger in, do mortgage comps take this into account and would they reduce our fixed term payments to make it affordable for one of us? she will sign it over to me tomorrow and wont ask for anymoney!

any help or past experience of this would be great

Comments

  • abouttimetoo
    abouttimetoo Posts: 1,860 Forumite
    Part of the Furniture Combo Breaker
    Hi, sorry I can't provide any assistance but you could also try the mortgage board.

    Best of luck
    MFW Start Date 1.4.08. Updated 23.1.18. MFW date 1.8.18
    Original Mortgage o/s £187,643 / £71,904 (-115,739)
    Repay o/s £92,661 / now £55,900 (-36,761)
    Int Only o/s £94,982, now £16,004 (-78,978)
    Total daily interest £1 [a) £0.77 b)£0.23
    Total OP's:2018 target £TBC YTD £1,995
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