Separating mortgage & remortgaging

SouthernBrummie

Hi, I'm wondering if anyone has any guidance. My partner and I are separating, I'm hoping to be able to prove that I can afford the mortgage on my own. However the fixed price will come to an end a month or so after 6m of paying it myself. Does anyone know how a remortgage would work as the mortgage we have is significantly larger than I would achieve on my own? Any guidance appreciated! I'm frantically trying to reduce every outgoing I/we have in order to afford to keep our family home on my own.

Thrugelmir

Would extending the mortgage term make the monthly outgoings affordable? There's no magic bullet if the numbers don't stack up. A position many people find themselves in every day.

Tom99

[FONT=Verdana, sans-serif]I assume you want to remove your ex partner as an owner, buy them out and take them off the mortgage so that you own the whole house?[/FONT]
[FONT=Verdana, sans-serif]But if the mortgage you need is, as you say, significantly larger than you would get based on your own income I don't see how you can achieve that.[/FONT]