Moving house - when to add husband

Weggy

Hi

Looking to move house soon. Currently mortgage solely in wife’s name, new home will be in both our names and therefore needs adding to the mortgage.

Question is, do we add to the mortgage before going on the market, or is it straightforward enough to do it at the same time as moving?

Current provider is Santander if that makes any difference.

Thanks

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/6667509/moving-house-when-to-add-husband

When selling the current house, the existing mortgage will be settled.

When buying the new house in joint names, there will be a new mortgage which also needs to be in joint names.

Sam_666

Not very clear what are you trying to achive or why.

You got whole process wrong. You need to be on joint morgage first, before you can be jointly on deeds.
Unless you are buying part of house with your cash and wife other part with mortgage.
Do you think you will qualify for joint mortgage? Its not just simple matter of asking to stick your name in there.

Have you checked that mortgage is portable?

Weggy

https://forums.moneysavingexpert.com/discussion/comment/81991904#Comment_81991904

apologies

Deeds and mortgage currently both in wife’s name.

Going to be moving home and want to both be on mortgage and deeds in new house.

Is it better to get husband put on mortgage and deeds at existing property, or can it all be done as part of the move?

jaybeetoo

Just leave your current mortgage and deeds alone and both apply for a joint mortgage on the new property which will mean you are both on the deeds. I can’t see what you are hoping to achieve by changing your current mortgage and deeds. It’s extra cost and admin for no benefit.

Weggy

https://forums.moneysavingexpert.com/discussion/comment/81991984#Comment_81991984

That was my question - whether there was any benefit to husband going on mortgage before moving, or doing it as part of the move.
Thanks for answering

Sam_666

Check if your current mortgage is portable, it will make everything super easy.