Mortgage and deed query

s0ulb0yJM

Hello

not sure if I'm in the right place but heres my situation..

A friend of mine has a family relative on his mortgage as well as himself, now can the relative force my friend to sell the property. The relative has no records of ever paying the mortgage.

Please advise

Thanks.

Thrugelmir

Yes it is an option.

Who actually pays the mortgage is of no consequence.

Mojisola

s0ulb0yJM wrote: »

A friend of mine has a family relative on his mortgage as well as himself, now can the relative force my friend to sell the property. The relative has no records of ever paying the mortgage.

Yes and the relative will be entitled to half the money from the sale.

s0ulb0yJM

This case has been to court and the judge decided in favour of the relative name to remain on the mortgage deed. Now my friend is worried that the relative will force him to sell. Other than my friend buying him out is there another way to stop the relative from trying to sell the property?

Thrugelmir

Buying out is the only real option if the property is to be retained.

s0ulb0yJM

Many thanks Thrugelmir for your advice.