My husband bought a buy to let before we met and got married, the house is in his name only.
Due to large decreases in salary we are now just about keeping up repayments on the rental house and our primary residence (which is in both names.)
The buy to let bank has asked us to fill out the MARP form but has left it up to us if we only fill it out on his income (as its only in his name) or both incomes.
Is there anything we should be aware or cautious of ? Will giving both sets of details make us both liable for the debt?
Many thanks for any advice.
Due to large decreases in salary we are now just about keeping up repayments on the rental house and our primary residence (which is in both names.)
The buy to let bank has asked us to fill out the MARP form but has left it up to us if we only fill it out on his income (as its only in his name) or both incomes.
Is there anything we should be aware or cautious of ? Will giving both sets of details make us both liable for the debt?
Many thanks for any advice.