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removing me from the mortgage
cinek
Posts: 87 Forumite
I'm currently on a mortgage with my mum however I'm looking to buy a flat and I can't have 2 mortgages. Is it possible to just remove me from a mortgage without remortgaging? My mum can borrow more than what's left on the mortgage and the mortgage is <50% of the value of the property.
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Comments
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It will require going through an application process either with the current provider or with someone else. It is a full mortgage application essentially to ensure she is in a position to take the mortgage on in her own name. There will also be a solicitor involved in the process.0
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