Help!!

lovinituk

Yellie05 wrote: »

I have told my husband to mention it to the broker - however i would like to do my own research do i simply just google mortgage lenders whom would accept single person but wife with mortgage?? sorry im a total novice to all this and i really dont know who to turn to

thanks

You need to check with a solicitor too. Your broker has already advised that your option 2 won't work which correlates with my understanding as mentioned above - you're married so even if your husband buys in his name you are still regarded as party to it for stamp duty.

See here - https://www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property

Ownership of the property
Spouses and civil partners
You may be viewed as the owner of a property if it’s owned by your spouse or civil partner.

This means if one of you already owns a property and the other person purchases another property, the purchase will be charged at the higher rates.

ACG

lovinituk wrote: »

My understanding is the word previously in that context means the one you have just sold/moved from.

From here - https://www.gov.uk/stamp-duty-land-tax/residential-property-rates


I think you're on very thin ground if you are relying on 'previously' meaning any house in the past, rather than the last one.

Good shout.
If you do not ask, you do not get. So it is worth trying.

There is a stamp duty helpline who may be able to help.

pimento

ACG wrote: »

Half the profit or half the profit minus any mortgage payments they have missed? In which case they may end up having to pay something towards those costs.

Plus the rent that her ex would be paying for the half of the house that isn't his..

ACG

pimento wrote: »

Plus the rent that her ex would be paying for the half of the house that isn't his..

If there was a rental agreement.

Im not disputing whether anything is due or not, just playing devils advocate that there is more than one side to it.

pimento

If the ex won't speak to the OP she will have to do what she can to mitigate her losses.

Yellie05

im honestly just sick of it all, I just want this to be over so I can move on into our own home with my husband and baby - i honestly dont understand why his wife is happy to live in a house which is owned by her husband (my ex) and his ex (me) surely its in his best interest for him to remove me from the mortgage

:wall:

Number75

I don't know why you're focusing on his w

Number75

I don't know why you're focusing on his wife minding that you are on the mortgage! My ex husband's new girlfriend couldn't care less that I owned half the house. It's just admin, really - no emotion involved.

What was your agreement with your ex (sounds like you weren't married?) about ownership of the house going forward?

What have you done to follow up the lender error (was it lender error?) about not removing you from the mortgage? As others have said, it requires a new application, but the history you posted doesn't suggest that your ex caused the problem, but the lender.

Number75

I think you're lucky that he's selling up now - and I'd sit tight until that completes. Bit of course, having taken legal advice about the mortgage and any legal claim you have on the house.

kingstreet

pimento wrote: »

Presumably if the property is half yours then you're entitled to half the profit when it sells.

That would probably go some way to covering the cost of the stamp duty and when informed, might concentrate your ex's mind.

They weren't married so Jones v Kernott would be worth a read.