A broker stress tested me as a single applicant as part of a consult for both of us a little while back and my earnings plus our savings are sufficient to raise mortgage. But he didn't think it was a runner for me to be treated as single due to it being a family home.Can you raise sufficient mortgage on your own income?
Strategic separation in that case.
Sounds like fraud that the OP is likely to get away with.Strategic separation in that case.
Your husband can give you a lump sum as part of the separation agreement and pay child maintenance & you buy a home in your name.
As long as you pay the mortgage without fail every month, no one needs to know or care who else is living with you.
It would take years and at least four figures in costs. Both parties would need legal advice and an ethical solicitor would turn the work down if they knew the motivation. Also lots of potential for a mess with pension and survivors’ benefits if one of you drops dead.A strategic separation will allow one party to be treated as financially independent; and purchase the home the entire family need.
I fully agree. There is possibly a lender out there today, and if not there will be in future.Maybe talk to one of the main lenders directly. Or to another broker.
Fraud…sounds like a great plan!Its perfectly serious & entirely valid.
A strategic separation will allow one party to be treated as financially independent; and purchase the home the entire family need.
It’s not a fraud to tell a bank you are judicially separated if indeed you are judicially separated.Fraud…sounds like a great plan!
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