Hi Brendan,
I’m sorry I’ve been so scant with the detail.
Basically the co-borrower (sibling) took out an equity release without my knowledge or consent. I told the bank I didn’t agree or request this and asked that they put it into a separate loan in his name only. The equity was also paid into an account in his name only. They refused and said it was done ‘on a single party authority’, all requests to date on the mortgage have required both our signatures so I don’t understand why this didn’t. There is nothing in the mortgage to say this is possible and when I requested my file none of the paperwork regarding the equity release was included as only related to the co-borrower.
It has been going on over a year now and it’s very frustrating.