Transferring mortgage/deeds into sole name

SameMeDifferentName

Dave_Ham wrote: »

Cant say much to that eh!

If you can afford current commitment and earn approximately £17k ish, may be worth you getting some advice to see what is out there with another lender.

It is very unlikely legally you will get anywhere with the you paid most and therefore get a bigger share of the return if it is not formalised anywhere.

All the best

:rotfl: Thanks Dave!
I can afford it, I have been for the last 3 months and I don't have a life now so don't spend on anything, I earn more than £17k too.

Maybe I should just sell up and cut my losses, its worth it just to get her out of my life once and for all.

Thanks for the advise!

SameMeDifferentName

kingstreet wrote: »

Frankly, if you sell, NRAM gets its money back.

If you manage to remortgage elsewhere, NRAM gets its money back.

Its existence is predicated on getting borrowers to go elsewhere and there is no commercial pressure on it, unlike other lenders who care about their image.

Sadly, you do not matter.

You are very right there, NRAM don't seem to care or have a heart these days. Customer service while talking about this was awful too, I couldn't ever speak directly to someone who "specialised" in changes of parties, always had to wait days for a call back.

Thanks for nothing NRAM. Cheers kingstreet.

Dave_Ham

At which point, potentially remortgage in sole name only.

Borrow as much as you can (subject to income) and pay down the unsecured part as much as possible.

Given the rates involved, this is likely to be cheaper than what you are currently paying, Your Ex is cut out of the property and mortgage (although will need to sign officially with Solicitor) and you keep the home you may or may not want to keep...

Lots of variables, just closure sometimes seems like the best emotional option with selling working but commercially may not be the best move for the long term.

Still, wish you well...