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Joint loan application disclosure

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Paint_and_Perfume
Paint_and_Perfume Posts: 1 Newbie
in Loans
Hello, I have a joint loan of £12K lined to my Northern Rock Mortgage. I'm after some advice of what I put on future credit applications- do I disclose I have a £12,000 loan, or put down £6,000 as I'm liable for half of it, or would credit agencies see it as part of the mortgage?
Thanks in advance.

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    you are liable for 12k; you are not liable for half.
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Are we to take it that paint has split from perfume and wants to dump half the debt?
    Space available for rent
  • 27col
    27col Posts: 6,554 Forumite
    CLAPTON wrote: »
    you are liable for 12k; you are not liable for half.
    I'll bet that was a surprise to P&P.Moral of the story is "read the t&c's"
    I can afford anything that I want.
    Just so long as I don't want much.
This discussion has been closed.
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