Ex partner still on mortgage and wants off

Abcynthia

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ACG

If you have no income and relying on benefits then they might not laugh you out but they will tell you no chance.

Does his income support the mortgage he has with you and the new mortgage? Not ideal for him but it might be a quick fix with you sorting out the joint mortgage a few years down the line.

To be honest, hes quite within his rights to request his name off the mortgage, if that means you selling up - then so be it...however any loss he will be jointly liable for with you.

Im not sure what you want answering either :P

But i think your both in one of those rock and a hard place positions, the onyl way out is to sell and pay for any shortfall.

Abcynthia

Removing message

ACG

He wont get a joint mortgage with her that wont include his income, it will include his income otherwise he wont be on the mortgage.

Based on his income i would say he can probably get mortgage (in total) to approx £100-110k (being on the conservative side).

So £100k minus the £60k he has with you allows him to get another £40k.

Her income plus his £40k would mean they can get a mortgage of say £136k. If they are putting down the minimum 10% deposit thats £13k (give or take)....so that means it all possible. It means they can purchase for £136k + £13k = £149k.

All of those figures are very basic and i havnt stretched any income multiples to unrealistic levels.

I think its worth THEM sitting down with a mortgage broker but i think you will find this could all be possible with a bit of work.