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Taking on Mortgage

deband3
Posts: 6 Forumite
Hi There I was advised to post this on here so here goes!
I am currently going through a divorce and expect to get at least 70% of the
equity of the property that is worth£i80,000 with a £95,000 mortgage.
The mortgage is currently in my husbands sole name(long story) though my sols. has registered a notice of interest with land registry.
My income inc wage,cm and child tax credits is £1,300 per month and so my question is this:
Will I be able to take over our current mortgage in my name,the mortgage co. we are currently with are called Future Mortgages(part of the Citibankgroup)
and will they take into account my cm etc to calulate what I can borrow.
Or if I sell the property will any other mortgage company out there give me a mortgage based on these figures.
Thanks for any advice offered it would be really appreciated as I want to be able to make a new start without feeling held to ransom waiting for my husband to pay/or not the mortgage
I am currently going through a divorce and expect to get at least 70% of the
equity of the property that is worth£i80,000 with a £95,000 mortgage.
The mortgage is currently in my husbands sole name(long story) though my sols. has registered a notice of interest with land registry.
My income inc wage,cm and child tax credits is £1,300 per month and so my question is this:
Will I be able to take over our current mortgage in my name,the mortgage co. we are currently with are called Future Mortgages(part of the Citibankgroup)
and will they take into account my cm etc to calulate what I can borrow.
Or if I sell the property will any other mortgage company out there give me a mortgage based on these figures.
Thanks for any advice offered it would be really appreciated as I want to be able to make a new start without feeling held to ransom waiting for my husband to pay/or not the mortgage
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