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Divorced Mortgages
tomhill
Posts: 50 Forumite
Hi
My friend has recently divorced her husband and is currently living alone with her teemage son. The husband has refused to pay anything towards the mortgage because 'if she wants her independence he aint paying for it' (despite the fact he's just bought himself a 4 bed flat to move into). She went to the bank to ask if they could change it to an interest only mortgage while she sorts herself out. They said she could but only if she got his permission ... which he wont give. She cant afford the mortgage but cant do anything to change it. Shes trying to move out as soon as she can but has a son to support so its difficult for her. Is there anything she can do?
Tom
My friend has recently divorced her husband and is currently living alone with her teemage son. The husband has refused to pay anything towards the mortgage because 'if she wants her independence he aint paying for it' (despite the fact he's just bought himself a 4 bed flat to move into). She went to the bank to ask if they could change it to an interest only mortgage while she sorts herself out. They said she could but only if she got his permission ... which he wont give. She cant afford the mortgage but cant do anything to change it. Shes trying to move out as soon as she can but has a son to support so its difficult for her. Is there anything she can do?
Tom
0
Comments
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There is a specific plan called Fresh Start from Yorkshire Building Society. Your friend may not want the mortgage product but there is a guide which may help her work out what she's entitled to.
http://www.ybs.co.uk/mortgages/types/freshstart/index.jsp
The best advice she could have is to see her solicitor0
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