remortgage / mortgage help

scooby1980

A long story short , I own a house with my mother 50/50 . I live with my fiancee but the mortgage is in her name.

I have been refused a morgage with my fiancee due to having a poor credit score which is due to signing into a trust deed in 2009 , this was satisfied in sept 12 . For the other half of the house I jointly own . We have been told that because I own half the house my fiancee couldnt get a mortgage just for the half so we would own half each . Something to do with family discount ? So a thought we had was that my mother has said she would swap house's with us . The house my mother and I own is valued around 180k.
The house my fiancee and myself stay in hasnt been valused but we are thinking with sale's in the area of it being worth 75-80k .

So the thought was my mother sign's the deed's of the house into my fiancee name . For my fiancee to then remortgage and pay off the mortgage of our current house ,the outstanding balance is a little over 30k . Then my mother can live in the house we are in just now making up the extra that my be required to the value of half the house .

Does this seem possible .

scooby1980

forgot to say the house I own with my mother is owned out right / mortgage clear