Conveyancer won't add me to title deeds!

nishnosh

Thanks Thrugelmir - I do take your point but I am not playing games.

I am in a strange position of having an income and being able to contribute to our mortgage but for not enough time (accounts don't go back long enough, and I am currently on maternity but self employed maternity is a break in work), on top of this I own a flat which I will be renting out, but this can't be counted yet at I currently live in it, and I have the deposit, and my husband can easily cover the mortgage and our needs on his own. We should have shopped around but we needed a mortgage quickly and Halifax have managed to get it all sorted in 4 weeks. I'll just have to bite the bullet and sort it in 6 months when the rental income will, hopefully prove that I can contribute...

Kynthia

It doesn't help you now but talking to a broker would have been advisable. They maybe could have found a lender who would have named you on the mortgage while still lending enough, or at least they would have warned you about the deed issue. As your conveyancer won't assist you, it could be a good idea to both go and see a solicitor about wills and how to protect your children's interests from future remarriage/children. It's a bigger issue than just this house, but your whole estate.

MadelinesMum

I wouldn't be happy with that. You are more or less "gifting" your husband £200k and not having anything to show for it. Mind you, I have been stung in the past so maybe I'm a bit cynical but it all sounds like a recipe for getting stitched up.

Elsewhere

I assume you can't "lend" him the money, secured against the house?

kingstreet

Elsewhere wrote: »

I assume you can't "lend" him the money, secured against the house?

Which takes us neatly back to the beginning of the story with the lender not accepting she will have any interest in the property, which is what a charge over it would be...

ACG

Im not trying to give you a kick whilst you are down...

You want the best of both worlds? A single app to get the money they would not lend as a joint app. But your name on the house. Did you really think it was that simple? Why do you think we (as in brokers) get paid to play the game in the clients favour... it takes far more than that to get the outcome you are after.

Its not going to be a case of completing and then doing a transfer of equity to add you. You will have to run it by halifax and the outcome will be the same.

The other issue you have is that no matter what legal document you put in place, your husband will always have a gifted deposit letter to fight you with... who will win the argument would be down to solicitors to sort out but effectively you are committing mortgage fraud.

Sign whatever it takes to get what we want even if its not true...

If you dont like my message, sorry. But I think you need a slice of reality. You cant have your cake and eat it. You do it right or do it wrong but then you may not get the overall outcome you want.

Best of luck but I think you have reaped what you have sown.

Thrugelmir

nishnosh wrote: »

Thanks Thrugelmir - I do take your point but I am not playing games.

Then we differ. Mortgage application in a sole name. With one assumes no declaration of dependants.

roger196

Have you considered registering a charge against the property. Have a look at Practice Guide 20 from the Land Registry www.landregistry.gov.uk

You need to protect yourself from your spouse withdrawing all the equity by means of an increased or new loan. Marriages whilst good at the moment do go wrong, so you need to protect yourself. You are not making a gift and you should make this absolutley clear to the conveyancer.

martindow

roger196 wrote: »

You are not making a gift and you should make this absolutley clear to the conveyancer.

Nishnosh is making a gift and has written a letter to that effect - see post 19.

ACG

martindow wrote: »

Nishnosh is making a gift and has written a letter to that effect - see post 19.

Its not a gift though is it. Signing a letter to say its something it isnt is a lie.

If when you were a kid you received a birthday card with £10 in it from your uncle but was told you had to but something for you and your uncle with it... would you see that as a gift?