Mortgage question-help!

rachael18

Cut a long story short...

Got a 100% mortgage with an unsecured loan around 7 years ago with my now ex partner.

Me ex partner was born with surname -Smith, his mum remarried and brought him up as Jones but never officially changed his name. His passport, driving licence and birth certificate was in Smith, everything else including NI number, back account was in Jones. We got the mortgage in Jones, despite not having any formal ID as Jones.

A couple of things really...
Is there a case for being mis-sold the mortgage- a) as we couldn't really afford it but it was the time when lenders were throwing money at you and
that the mortgage was agreed in a persons name that had no formal ID? The ID taken at the time was in SMith and the mortgage agreed in Jones?

If there is a case for this- where does that leave the mortgage and house now? Ie what would be the repercussions if any for us and the lender? Would we be entitled to any form of compensation? (Probably wishful thinking!!)

Just asking the question as I am ready to apply for sole responsibility of the mortgage but wanted to check this out first.

Thanks in advance for your help and advice :-)

ACG

a) You couldnt afford it but you have been paying it for 7 years?
b) Not an issue for miss selling I wouldnt have thought.

rachael18

Thanks.
What I meant by point a) was that it was reckless lending, would never have been agreed now.
Thanks for your reply.

Thrugelmir

rachael18 wrote: »

Is there a case for being mis-sold the mortgage- a) as we couldn't really afford it but it was the time when lenders were throwing money at you

You applied for the mortgage and were made an offer. So you weren't sold the mortgage. You could have walked away. At a point decisions are the responsibility of individuals themselves.

ACG

Just because you can not do something now does not mean it was miss sold.
Had you stayed together and house prices shot up as everyone expected would you b saying the same thing or would you be thinking thank god we got a 100% mortgage and did not miss out on the price rises?

amnblog

Another modern day Pythagoras - looking for an angle.


It is a pity you did not bring up the fact that the mortgage was in the wrong name when you took the funds - you might then not be in this pickle.