I would be grateful if someone could give me some advise on a complicated mortgage issue.
My husband bought his house with his ex many years ago, fast forward, we are now married, living in that same house. His ex has agreed to come off the mortgage deeds and signed a waiver to that effect via her solicitor reneging all rights to to the property. After months of constant queries back and forth,provision of documentation, proof of savings, the bank were in agreement to him taking over the mortgage in his own name. On top of that they put a stipulation in place that he has to fork out €20k against the mortgage for them to approve it. Its now 5 months on and his solicitor has chased the bank 3 times and the deeds were on the way, now the bank have come back and are requesting all the documents again..and reviewing his case again. We both cannot understand why this is happening especially when they said it was approved and the deeds would be released.
This isn't one of the main banks as he got the mortgage through a broker but judging by what i have seen so far, i would not recommend anyone to attempt to go to this lender, they seem incompetent and disorganized.
Surely no other bank carries on in this manner?
I am pregnant and its causing serious stress at home. We are hoping to get the mortgage approved in his name, then sell the property as the house is not suitable for a baby. We want to buy our own house. Will there be any repercussions provided he manages to get the mortgage approved in his own name? Any help would be really appreciated.
My husband bought his house with his ex many years ago, fast forward, we are now married, living in that same house. His ex has agreed to come off the mortgage deeds and signed a waiver to that effect via her solicitor reneging all rights to to the property. After months of constant queries back and forth,provision of documentation, proof of savings, the bank were in agreement to him taking over the mortgage in his own name. On top of that they put a stipulation in place that he has to fork out €20k against the mortgage for them to approve it. Its now 5 months on and his solicitor has chased the bank 3 times and the deeds were on the way, now the bank have come back and are requesting all the documents again..and reviewing his case again. We both cannot understand why this is happening especially when they said it was approved and the deeds would be released.
This isn't one of the main banks as he got the mortgage through a broker but judging by what i have seen so far, i would not recommend anyone to attempt to go to this lender, they seem incompetent and disorganized.
Surely no other bank carries on in this manner?
I am pregnant and its causing serious stress at home. We are hoping to get the mortgage approved in his name, then sell the property as the house is not suitable for a baby. We want to buy our own house. Will there be any repercussions provided he manages to get the mortgage approved in his own name? Any help would be really appreciated.