Divorced and moved out but still on the mortgage

CliffyG_2

I split up with my ex about 2 years ago, i left her living in the house with my 3 children but am still on the deeds and mortgage. I want to get off the mortgage and will then come off the deeds but am unsure what options are open to me. The main problem is she is a stay at home mum. I'm guessing there are little to no easy ways out of this but thought i'd ask in just in case.

Rikki

She need to take over the mortgage in her own name. This is up to the lender as they may not release you if she has insufficient income.

horsechestnut

She has to have enough income of her own to take over the mortgage. She needs to speak to the Bank/Building Society, as they may not agree to it. At present they will come to you if the mortgage isn't paid.

CliffyG_2

Ok thanks, that's pretty much what i thought. No idea what to do as she doesnt have any income other than from me and benefits at the moment.

Thrugelmir

Was this part of the divorce settlement?

CliffyG_2

We didn't have any financial stuff associated with the divorce. I agreed to leave her it.

Februarycat

When my ex husband got taken off our joint mortgage, I had to reapply for the same mortgage in my name but as a new mortgage and the same with the deeds of the house and any endownments. But all this was agreed through our solicitors. Good luck