We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Remove my name from a mortgage
Comments
-
Can_you_help wrote: »No it's £120 k each to buy the property we want . Financial advisor also said that I wouldn't get mortgage for this amount based on my earnings and the amount outstanding (£110k) on that house
Right, so you have seen a financial advisor and they have ruled it out.
Assuming they know what they are doing then that's that then.
You will need to look at smaller properties that you can afford or just wait until something happens to get you off that mortgage.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Who currently lives in the property? Your mum? Could you move in with her since you are named on the deeds? That might help expedite the sale of the property.0
-
Yes she lives it the property and my name is on the deeds . Unfortunately due to work and distance it's not possible to live there0
-
If the property is sold, where will your mother live? Could that be why she is dragging her heels over the sale?0
-
She will be moving to live with my sister - just wondered if anyone had ever found a way
Would it be worth writing to bank ?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards