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joint mortgage sole proprietor
Star_Gazer
Posts: 15 Forumite
Hi,
Me and my boyfriend have the above type of mortgage, he is on the deeds and supplied the 50k deposit and since taking out the mortgage I have overpaid by 10k.
We split the bills 50/50 inc the mortgage, but what happens if we split?
The house has increased in value since we purchased 3 years ago, I am worried I will walk away with nothing!
Please advise
Me and my boyfriend have the above type of mortgage, he is on the deeds and supplied the 50k deposit and since taking out the mortgage I have overpaid by 10k.
We split the bills 50/50 inc the mortgage, but what happens if we split?
The house has increased in value since we purchased 3 years ago, I am worried I will walk away with nothing!
Please advise
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Comments
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What trust deed did you put in place when you signed upto the mortgage?0
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Earlier this year, only you were on the deeds. What has happened since then?Star_Gazer wrote: »Hi,
Me and my boyfriend have the above type of mortgage, he is on the deeds and supplied the 50k deposit and since taking out the mortgage I have overpaid by 10k.
We split the bills 50/50 inc the mortgage, but what happens if we split?
The house has increased in value since we purchased 3 years ago, I am worried I will walk away with nothing!
Please adviseI 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 -
Thanks for reply, we had none.0
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