Adding my name onto my girlfriends mortgage?

mackie_54321

Hi my names Stuart.

Is it possible for Halifax to add me onto my girlfriends mortgage even though i have bad credit? And if so is it a hard process? All im wanting is for my name to be on the mortgage statement that she gets. Any help would be hugely appreciated. Thanks in advance.

kingstreet

Unlikely. You are vetted for a transfer of equity like any other mortgage applicant.The cost of a transfer of equity, which will also see you added to the ownership of the property is around £400 to £600 including the solicitor costs, and stamp duty will be payable if the mortgage is more than £250k.

mackie_54321

Thanks for your reply, so i have to go through all that just to get my name on the mortgage statement? Are you aware if they do check your credit history to add someone onto the mortgage?

Thrugelmir

mackie_54321 wrote: »

Thanks for your reply, so i have to go through all that just to get my name on the mortgage statement? Are you aware if they do check your credit history to add someone onto the mortgage?

"All that" is neccessary as it's not just a question of adding a name. Yes credit checking is part of the process. With thousands of pounds at stake. Lenders need to protect their own interests.

Mojisola

mackie_54321 wrote: »

Is it possible for Halifax to add me onto my girlfriends mortgage even though i have bad credit?

All im wanting is for my name to be on the mortgage statement that she gets.

As it won't be possible for your name to be added, do you want to share why you want your name on the statement and see if we could suggest something? Is it to protect your right to stay in the house/share in any profits if you split up/or something else?

Foxy-Stoat_3

You will need to go through a new mortgage application with your partner, if your accepted then happy days.

What bad credit do you have and are you putting any money into the property?