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mortgage credit check
Amanda23
Posts: 15 Forumite
Hi
My partner and I will be looking to buy a house next year.
I will be putting down half the price of the house as a deposit. My partner will be taking out a mortgage for the remainder of the price. He will be paying the mortgage each month and as my half will be paid, I wont be paying mortgage.
As it will be a joint mortgage, my partner taking out a mortgage for the unpaid amount, will his bank credit check me as well ?
Thank You
My partner and I will be looking to buy a house next year.
I will be putting down half the price of the house as a deposit. My partner will be taking out a mortgage for the remainder of the price. He will be paying the mortgage each month and as my half will be paid, I wont be paying mortgage.
As it will be a joint mortgage, my partner taking out a mortgage for the unpaid amount, will his bank credit check me as well ?
Thank You
0
Comments
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I think you will both have to be on the mortgage, meaning you are jointly liable for the full mortgage.I am a Mortgage AdviserYou 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
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