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!
Removing name off mortgage and title deeds
Stupotty
Posts: 1 Newbie
Hi
My ex-wife is applying for a new mortgage with a new lender to remove my name, the mortgage broker wants me to supply a letter explaining the lump sum payment due when my son is 21years old. Any ideas as to what level of detail they need or a template? As I'm sure you can imagine it's not possible to get these answers from my ex-wife
Many thanks
My ex-wife is applying for a new mortgage with a new lender to remove my name, the mortgage broker wants me to supply a letter explaining the lump sum payment due when my son is 21years old. Any ideas as to what level of detail they need or a template? As I'm sure you can imagine it's not possible to get these answers from my ex-wife
Many thanks
0
Comments
-
Not sure what relevance a payment has when your son turns 21 for the mortgage - they probably want a Transfer of Equity document stating you have no financial interest in the property and are happy to transfer equity to your ex-wife.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards