We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Need my name removed from a mortgage

coach_potato · 2013-05-22 17:45:54

Hi, Back in Oct 1990 I entered a mortgage agreement with my then wife, this was under a 75% equity scheme. In 1999 my wife and I split and she was left with the flat and our four year old son. In 2000 we had to rearrange the mortgage so we can repay the 25% equity we owed to the builders. It is now 2013, I have a fiancee,…

Comments

neverdespairgirl Posts: 16,501 Forumite

23 May 2013 at 1:33PM

Gary123456790 wrote: »

Yes it will - he is still named on the mortgage so it is still his debt as much as the ex wife's. This means he cant get a new mortgage for a new house as he is still on the old one.

Whether he is still paying or not is neither here nor there, the fact that he is still liable for the debt is the issue.

Gary.

I understand he's liable, but he said he's entered debt-paying arrangements, so clearly not in a position to get another mortgage at all.

...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

Need my name removed from a mortgage

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free