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Change of parties with NRAM

jugglinghotpotatos

jugglinghotpotatos Posts: 2 Newbie

19 April 2015 at 8:20PM edited 20 April 2015 at 4:53PM in Mortgages & endowments

Deleted.......

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Comments

Thrugelmir Posts: 89,546 Forumite

19 April 2015 at 9:10PM

With only £5k of equity releasing your ex partner may well be a non starter.

Is your mortgage interest only?

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jugglinghotpotatos Posts: 2 Newbie

19 April 2015 at 9:13PM edited 20 April 2015 at 4:53PM

Deleted..........

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Thrugelmir Posts: 89,546 Forumite

19 April 2015 at 9:34PM

The issue isn't the claim on the equity. It's the lack of security to support the mortgage. Two named borrowers being better than one.

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