Re-Mortgage (previous CCJ)

Bobby_Baggio

Hi all, been a while since I've posted so go easy on me.


I separated from my partner in January of this year and I am currently coming towards the end of my current mortgage deal (was a 2 year fixed rate). Once this deal finishes I drop onto a standard variable.


Problem is that I have a CCJ from a damned parking fine from 2-3 years ago, it was difficult obtaining a mortgage to begin with because of this.


I will also be removing my ex partners name from the mortgage and property via a solicitor. Therefore essentially re-mortgaging?


Will the CCJ affect my chances of re-mortgaging even if it's with the same mortgage lender?


Any help I would be hugely grateful.

Foxy-Stoat_3

Your not re-mortgaging unless your releasing equity to buy your ex from your property. You will be doing a Transfer of Equity to solely your name, assuming you meet your current lender's affordability criteria.

Has your lender agreed to removing her name?

Thrugelmir

Affordability rules have been tightened considerably recently. So the CCJ may only be a minor issue in the overall scheme of things.

Bobby_Baggio

Thanks for comments guys.


I am just in the process of contacting solicitor & also speaking to my current lender.


She does not want anything other than her name removing from the existing mortgage.