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Query regarding removing someone's name from a mortgage?
Barny1979
Posts: 7,921 Forumite
Does the individual who is being removed from the mortgage, due to a relationship break-up need to not be living in the property when this process is commenced?
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Comments
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No.
The date the transfer of equity takes effect is the point the residence/occupancy should end.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 -
Might not be practical to do so. Until matters are concluded. What's behind the question?0
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Thrugelmir wrote: »Might not be practical to do so. Until matters are concluded. What's behind the question?
I and my ex are currently living in the same property, split is reasonably amicable. She is going to take over mortgage.0
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