Current Account - Am I a home owner or not?

Wifey101

I wondered if someone can help me.

I'm looking to open a new current account and one of the questions is about my residential status. I live with my husband but my name isn't on the deeds or the mortgage because he bought the house before meeting me. Therefore am I a "Home owner with a mortgage" or not? The only other suitable option (it's a drop down box) is "Other" which doesn't sound particularly good to me.

Does anyone have an opinion as to which option I should use?

HappyMJ

Wifey101 wrote: »

I wondered if someone can help me.

I'm looking to open a new current account and one of the questions is about my residential status. I live with my husband but my name isn't on the deeds or the mortgage because he bought the house before meeting me. Therefore am I a "Home owner with a mortgage" or not? The only other suitable option (it's a drop down box) is "Other" which doesn't sound particularly good to me.

Does anyone have an opinion as to which option I should use?

You're a home owner.

If you wanted to be legally correct before applying you should register your interest on the title and then apply for the bank account.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/490269/HR1.pdf

lstar337

If he is your husband, isn't everything he owns half yours by default?

Dan83

No, as I understand it, he had the house before he met you, it's his house.

A close friend bought a house, a few years later met a girl, married her ect ect, few years later split up and got divorced, she tried to take him for half of his house but couldn't touch it, because he had it before they met.

I don't know all the in and outs of it just what he told me.

So my answer to your question is, he is a home owner, you live with him.

Wifey101

Thanks HappyMJ. I will look at the link but I don't want to rock the boat with hubby so probably won't go ahead and register my interest.


Thanks for replying lstar337. I'm guessing you're right... I was just wondering if I was missing something and than got a little scared when it came to official bank paperwork... silly probably.

Wifey101

Thank you for your reply Dan83. I will think about it some more...

HappyMJ

Wifey101 wrote: »

Thanks HappyMJ. I will look at the link but I don't want to rock the boat with hubby so probably won't go ahead and register my interest.


Thanks for replying lstar337. I'm guessing you're right... I was just wondering if I was missing something and than got a little scared when it came to official bank paperwork... silly probably.

Have you not been married for very long?

GingerBob_3

Just put yourself down as home owner. Quite why the nosey banks need to know this for a current account (with limited, if any, credit) is anyone's guess. They are certainly not going to check the minutiae of whether or not you actually are an owner.

System

Did he tell you this down the pub?

The OP is a homeowner

Dan83 wrote: »

I don't know all the in and outs of it just what he told me. So my answer to your question is, he is a home owner, you live with him.

alternate

To be fair, they only want to know to see if they can sell you a loan or get you to switch your mortgage to them.

eDicky

It's your home - the property is your husband's (not a landlord) - your status is a homeowner.