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Advice on my current mortgage option after a relationship split
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Simon_gloster wrote: »A transfer can happen up to 120% of the value of the property based the lenders estimate.
As long as the other party is happy to sign over the property and you affordability assessment stacks up this should go thru.
Thanks to everyone for the advice on this I was wondering whether there is a way of determining my affordability for taking on the mortgage before I approach the bank? I have a fair bit of debt I am trying to clear as much as possible before I approach the bank.0
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