Hello,
I would really appreciate your advice on the following:
2008 Feb: bought house with ex house price 410k (current value of house EUR 270000)
2008 Oct: ex moves out and I have been paying the mortgage since
2012 Dec: I have a drop in income, mortgage goes into arrears by EUR 7000,
2013/14: 12 month period of interest only (EUR 450)
2014/2015: 12 month period of reduced payment (EUR 1100)
2015: I am now due to return to full payment in January (on tracker, EUR 1325) and I am currently asking the bank to capitalise the arrears (EUR 7000)
Ex has not been involved in any negotiations with the bank or paid towards the mortgage. We do not have any legal document outlining what happens with the house.
I have asked the bank if it is possible to remove his name if he agrees but the bank are not willing to give the mortgage in my name. The bank are also refusing to provide a letter stating that I am the only person paying the mortgage and dealing with the bank.
I would love to hear if this situation is risky for me in so far that my ex can make a claim on the house in the future, although he has not paid. Is there anything I can do now to prevent a future claim? He is willing to sign a legal document to give up any future claims to the house.
I have contacted 3 solicitors that basically said the bank needs to agree to a change of ownership. What other options do I have?
Many thanks for your help in advance!
I would really appreciate your advice on the following:
2008 Feb: bought house with ex house price 410k (current value of house EUR 270000)
2008 Oct: ex moves out and I have been paying the mortgage since
2012 Dec: I have a drop in income, mortgage goes into arrears by EUR 7000,
2013/14: 12 month period of interest only (EUR 450)
2014/2015: 12 month period of reduced payment (EUR 1100)
2015: I am now due to return to full payment in January (on tracker, EUR 1325) and I am currently asking the bank to capitalise the arrears (EUR 7000)
Ex has not been involved in any negotiations with the bank or paid towards the mortgage. We do not have any legal document outlining what happens with the house.
I have asked the bank if it is possible to remove his name if he agrees but the bank are not willing to give the mortgage in my name. The bank are also refusing to provide a letter stating that I am the only person paying the mortgage and dealing with the bank.
I would love to hear if this situation is risky for me in so far that my ex can make a claim on the house in the future, although he has not paid. Is there anything I can do now to prevent a future claim? He is willing to sign a legal document to give up any future claims to the house.
I have contacted 3 solicitors that basically said the bank needs to agree to a change of ownership. What other options do I have?
Many thanks for your help in advance!
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