We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgage switch

Hi, I'm posting for the first time so I apologise if this is in the wrong place. 
Basically I would like to know if it's possible to get a better deal on a mortgage if my marriage to my wife is in dispute. We've been separated for coming up to 4 years now and there's zero chance of a reconciliation, we've both moved on, we're both happy and in new relationships. 

Its a joint mortgage and I pay the majority of it although I don't live at the property.  
I just want to know if it's possible to shift to a lower rate than the fixed rate it's currently on. 
Thanks in advance for any possible information
Keith. 

Comments

  • You will need to look at the documentation. You may be able to switch to a better rate but there may be early redemption fees etc. Do you have the paperwork? 
    "Everything comes to him who hustles while he waits" Thomas Edison
    Following the Martin mantra "Earn more, have less debt, improve credit worthiness" :money:
  • I'm sorry no I don't. My wife handled everything to do with the house. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    For background. Why do still pay pay the majority of the mortgage some years later? 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.