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House buying/mortgage query
Blackdahlia_2
Posts: 1 Newbie
Hi,
Not sure if I should post this here or on the mortgage forum, but here it goes.
We are in the process of buying a house, having sold ours. The mortgage offer has been confirmed, the searches are under way and all seems to be ticking along nicely. However, when we took out the mortgage, I'm fairly sure that my partner (we have taken out the mortage in joint names) said that no-one over the age of 17 lives with us, when my mum does. Now the docs have come through from the solicitors asking the same thing. Now, I don't want to lie, but neither do I want to jeopardise the mortgage offer. My mum's name is not on any bills, she does not have a bank account, etc, and in only registered with the local doctor. What do we do in this instance? I'm not sure why it's relevant anyway, but that is just me being ignorant...
Many thanks for your time,
BD
Not sure if I should post this here or on the mortgage forum, but here it goes.
We are in the process of buying a house, having sold ours. The mortgage offer has been confirmed, the searches are under way and all seems to be ticking along nicely. However, when we took out the mortgage, I'm fairly sure that my partner (we have taken out the mortage in joint names) said that no-one over the age of 17 lives with us, when my mum does. Now the docs have come through from the solicitors asking the same thing. Now, I don't want to lie, but neither do I want to jeopardise the mortgage offer. My mum's name is not on any bills, she does not have a bank account, etc, and in only registered with the local doctor. What do we do in this instance? I'm not sure why it's relevant anyway, but that is just me being ignorant...
Many thanks for your time,
BD
0
Comments
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They don't want anyone staying behind when you move I think.... Someone over 17 might have a legal right to stay. Could be wrong on that but I think thats what I've read.0
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Declaring your mother would cause the issue of a Consent to Mortgage form. She would have to complete and sign to confirm she (IIRC) agrees to be bound by the terms of the mortgage and will not be able to claim a right to stay in the property if they repossess it from you.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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