Re-mortgage problem

jayne33

I split up with my husband last year and he left me with quite a lot of debt which he will not help me pay. I have made arrangements with creditors to make lower payments etc so can now manage financially. The problem I have at the moment is that my husband (soon to be ex) is now willing to sign the house and mortgage over to me (we have a 7 year old daughter) but when i applied to my current mortgage provider they turned me down. They have not stated why but I presume i have a bad credit rating.

I bought the house initially in just my name and now earn more money so I can't see my income being a problem.

I realise that I could just leave my husband on the mortgage but I'm not sure of the implications of this as he hasn't paid anything toward it since he left and does not intend to do so.

Any advice would be much appreciated because I really don't know what to do.

opinions4u

See a solicitor.

Every set of circumstances is different and you really need professional advice on this one.

Thrugelmir

opinions4u wrote: »

See a solicitor.

Every set of circumstances is different and you really need professional advice on this one.

Absolutely. You need to formally sort out your finances with your ex.

Whilst you may wish to stay in your current home. You need to sort out your personal finances as well. This may require a change of circumstances so you may need to backwards to go forwards, but you need to take a long term view with the security and welfare of your daughter in mind.