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.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!
Removing A Partner From A Mortgage
BOFFA
Posts: 8 Forumite
My daughter has been separated from her partner for 18months. The mortgage is in joint names. He, understandably, wants off the mortgage but even though she has always paid the mortgage from her account and never missed a payment, she has been turned down by her current lender & by the Halifax to have a sole mortgage.
She is a single mum who works 2 jobs part-time and receives FTC to help her income. On paper her income & expenditure gives her an affordable lifestyle with a little left over each month for emergencies.
Is it really so impossible for her to get a mortgage?
Should she be looking at advise for a first mortgage or a remortgage?
She is a single mum who works 2 jobs part-time and receives FTC to help her income. On paper her income & expenditure gives her an affordable lifestyle with a little left over each month for emergencies.
Is it really so impossible for her to get a mortgage?
Should she be looking at advise for a first mortgage or a remortgage?
0
Comments
-
Answer on M&E - cross posted.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
-
If she has already been rejected for two mortgages, she needs to stop now. As her credit rating will be heading towards the floor.
This is one of the situations where a marriage would have helped her; the courts would probably have agreed to let her stay in the house until the youngest finished secondary school and he would have had little say in the matter.
Buying him out then (at an agreed price base don the current level of equity) would be relatively easy.
Your daughter needs to check her credit rating. What is his creidt rating like?If you've have not made a mistake, you've made nothing0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards