We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
changing people on mortgage and deeds
Options

frogworlduk
Posts: 3 Newbie
hello, can anyone advise me on the rough costs of taking 1 person off a joint mortgage and replacing them with someone ( getting rid of old housemate and replacing with girlfriend). obviosuly i need to start a new mortgage with the bank but just wondering the estimated cost or what i will need through the solicitor side to change the names
cheers
cheers
0
Comments
-
You dont need to start a new mortgage.
Call up your lender and ask them how much it would cost to do a Transfer or Equity (ToE). They will probably have some sort of admin fee.... £100 or so.
You then need to get a solicitor on the case, i read here the other day they cost a couple of grand, im of the opinion its closer to £300 but im not the most experienced of advisors on here. Your best calling a couple of solicitors tomorrow to ask how much for a ToE.I am a Mortgage AdviserYou 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.0 -
Mine cost about £700. Taking my husband off mortgage and deeds.0
-
thats great cheers had a quote of 1059 for myself and girldfriend with everything done from remorgage fees to toe.
cheers0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards