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Advice on joint mortgages and loans!

charchar_3
Posts: 122 Forumite
Hi there,
A friend of mine split with her husband a while ago they are still married and she lives in the house that they have a joint mortgage on. He has now told her that he has taken out a big loan and secured it against the house!
Is this legal??? As it is a joint mortgage don't both signatures need to be produced to secure on the house.
All advice greatly appreciated!
A friend of mine split with her husband a while ago they are still married and she lives in the house that they have a joint mortgage on. He has now told her that he has taken out a big loan and secured it against the house!
Is this legal??? As it is a joint mortgage don't both signatures need to be produced to secure on the house.
All advice greatly appreciated!
:j Egypt 10th May - Here we come!!!:j
0
Comments
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both parties would be named on the second charge so the 'so called' loan is unlikely to have happened.
Andy.0
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