help please

langrey

me and the ex had a joint mortgage with northern rock. she wants to remove her name from this mortgage,but i N R will not lend me a 100 percent due to credit rating.i now found out she took out a second secured mortgage against the property. now i am struggling with both payments. i just had a reduction in salary and will fall back on my payments .anyone has any suggestions? my divorce is absolute. in a crisis. help

CloudCuckooLand

The second secured mortgage was in joint names? If so, ask them what the steps are for complaining about them committing, or being a party to, a fraud - not having your signature/ID verified.

If not, which I doubt as they must want to keep all charges in same names, she will remain liable for it.

AFAIK, while her name remains on the joint, original mortgage she also remains liable for any shortfall.

So, it is in her interests to ensure the house is not repossessed.

This might be complicated if there is a requirement in the divorce settlement for you to buy her out, or somesuch.

But you haven't said so, so...


Until she is off the mortgage she should keep paying her half, imo.

langrey

she has been to her solicitor and i have a letter stating that she has no interest in the property.the second mortgage she signed on my behalf.am i still obligated to pay this loan even though its against the property?how can i get out of this?

VIGILANT22

Is this a "2nd mortage" or was this a "Together" mortage?

langrey

it is a secured loan against the property. not sure of the terminology.she forged my signature and obtained this loan

VIGILANT22

You need legal advice then........

benjo

If she had forged my signature to obtain a loan, then I would see her in hell or Her Majestys pleasure before I repaid a penny of it - you really do need a solicitor.

maninthestreet

Make sure you inform the lender for the 2nd mortgage that your signature has been forged.