My wife and I got married last year and we are in the lucky position of being able to pay off the mortgage.
The tracker mortgage is in my name and I took it out for €120k six years ago and there is €96k left on it.
We will go halfs on what is left of the mortgage and pay it off fully.
I rang AIB and they said they send put paperwork with the balance due and then to just send them a cheque for the full amount. AIB said they would then sort out the paperwork.
What happens next?
My wife then wants me to put the house into both our names with the solicitor, do we need to do up anything legal with her using her money to pay a mortgage in my name ?
The tracker mortgage is in my name and I took it out for €120k six years ago and there is €96k left on it.
We will go halfs on what is left of the mortgage and pay it off fully.
I rang AIB and they said they send put paperwork with the balance due and then to just send them a cheque for the full amount. AIB said they would then sort out the paperwork.
What happens next?
My wife then wants me to put the house into both our names with the solicitor, do we need to do up anything legal with her using her money to pay a mortgage in my name ?