Remortgages and combined income

Guys

My credit rating is really bad but the wife's is excellent. We want to remortgage so thinking of doing so in wife's name only to improve our chances of success. My question is can we do a remortgage in my wife's name only but with both incomes taken in to account to demonstrate affordability?

Thanks

Replies

  • kingstreetkingstreet Forumite
    37.9K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    No. Only the applicant's income will be taken into account.
    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.
This discussion has been closed.
Latest MSE News and Guides

Check your Clubcard vouchers

Use our trick to extend them

MSE News

Preparing for summer

What MoneySaving things can you do now to get ready?

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals