transfer husbands debit

Eiry

Hello!
I'm new to MSE so excuse me if this is common knowledge and I'm sounding a bit dim.

My husband has a long term debilitatiing health condition and has had to quit work. He has a credit card debit of £4700 with Barclaycard. I am now credit card debit free. I would like to apply for a 0% balance transfer and take on his debit.

Is that possible? Or should I get him to apply for a 0% balance transfer.
I should add I'm self employed and I'm looking to remortage at a better fixed rate (the house & mortgage is in my name only). If I take on his credit debit will it effect my chances of remortgaging?
I don't know what's on the horizon with my husbands health and I want us to be secure as possible. Especially as we don't have children and if we did I have to assume there may be a point when its just me as a parent.
Any help would be greatly received.
Thank you x

MallyGirl

If he has no great income he is unlikely to be offered more credit so it would be down to you.
Some CC providers won't let you BT from a card not in your name but if you do the BT online once you get the card then it just asks for the long card number so that works fine (and no need to lie/avoid the question).
Any credit in your name will be taken into account when assessing affordability for future remortgage

Westminster

I would find an independent mortgage broker to discuss the likelihood of you achieving the remortgage you want based just on your income.

Technically there is no requirement for you to take on his unsecured debt so he could go down the route of a DMP and aim to get charges and interest frozen.

As far as I am aware, most lenders would expect your husband to also be on the mortgage and you are likely to already be financially linked on your credit files if you have any joint accounts.

Eiry

Thank you guys, the way his health is I don't see him ever going back to work. If I take it on, its one less thing he has to think about. I think i'll get the mortgage sorted first as a pressing concern then tackle his debit.

Thanks for your help x

CLAPTON

Westminster wrote: »

I would find an independent mortgage broker to discuss the likelihood of you achieving the remortgage you want based just on your income.

Technically there is no requirement for you to take on his unsecured debt so he could go down the route of a DMP and aim to get charges and interest frozen.

As far as I am aware, most lenders would expect your husband to also be on the mortgage and you are likely to already be financially linked on your credit files if you have any joint accounts.

mortgage providers do not expect the husband to be on the mortgage if he isn't joint owner