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Car Finance + Ex + Mortgage - Help!

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  • antrobus
    antrobus Posts: 17,386 Forumite
    her90 wrote: »
    ....

    So basically, my ex boyfriend and I got a car on finance 3 years ago, the finance and car is in my name. We broke up and he kept the car on the understanding he would pay me the finance each month.

    That would be a contract.
    her90 wrote: »
    .
    This hasn't been a problem, however.. I am looking to get a mortgage soon. Will I have to declare this loan to the mortgage advisor? Will this effect my chances of being accepted, even though I do not pay for the finance?

    The finance is due to finish next Oct/Nov - there's around £4980 outstanding.

    Please advise!

    Your change in circumstances is no justification to breach a contract.
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