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Change of name on shared ownership lease
Comments
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Sorry, I wasn't clear. They didn't have an issue with him not living there either.
I think he would pay the mortgage as he hates debt in his name and he'd never default on his own stuff. That's why all debt is in my name.
I think as he only owns 25%, i'd have to pay rent on the remainder. Is that how it works?0 -
Naively, I didn't get legal help with the divorce as I just wanted it dealt with. I now realise this was silly.
In the divorce consent order, the house was to remain his and for him to live there. He has been unemployed for over 2 years and is saying he can no longer afford the running costs. Hence why he wants us to move in instead.
The housing association haven't said whether it's possible yet. The mortgage company have said it is. It's so confusing.0 -
Is there a massive bill for repairs/improvements due?I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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