Getting my girlfriend on my mortgage.

DJ_LDM

I have a mortgage in my name only but I want to get my girlfriend on it. I know that you can use a solicitor to take someone's name off a mortgage but can I do the same to get my girlfriend on my mortgage?

Thrugelmir

You first port of call needs to be your lender.

ExpertAdvice

You can't just use a solicitor to take someone's name off the mortgage. It's not that simple. Everyone on the mortgage is fully liable for the loan irrespective of your share of deposit.

Consent is required from other parties on the mortgage and lender would assess the affordability of the remaining parties before you can be removed from the mortgage.

However in case of adding someone to the mortgage as suggested by Thrugelmir, you should contact your lender first and see what they have to say.

Goldiegirl

What will happen is, you'll make a Transfer of Mortgaged Property application, to request the transfer of the mortgage and the property from your sole name to your joint names.

Your girlfriend will have to provide proof of her identity and proof of her current address. The lender will also do a credit search on her.

If the application is approved, your solicitor will get a letter of instruction, and will transfer the property to your joint names, and will tell the lender when this is done.

Then the lender will transfer the mortgage into your joint names.

zzzLazyDaisy

Be aware that it isn't just a case of putting your gf on the mortgage, but also putting your house into joint names. So you need to consider whether you are willing to effectively gift her half your equity (joint tenants) or whether you wish to have the equity divided in some other way (tenants in common). On the other hand, if the house is in negative equity, she needs to seriously consider whether she really wants to pay for the privilege of becoming jointly liable for your debt!