Not wishing to hijack the OPs thread or muddy the waters, I'm in a similar position as well and I have my own thread opened about it here as well.http://www.askaboutmoney.com/showthread.php?t=114887. I will keep the other one updated however I have broadly my conditions and circumstances there, my solicitor when I went to him was very vague about it and said I would have to leave it with him as regards any stamp duty payableTransfer of assets between married couples are tax exempt.
To OP - it does amount to a complete conveyance /mortgage. If you post broad details: new/secondhand, current value, outstanding mortage amount, stamp duty status ( ftb's or other) it will be easier to answer your question. Its not just a question of scratching his name off the mortgage! He has obligations and before the lender releases him they need to be sure that you can afford the loan. At the moment, they have two parties/two incomes to chase in the event of default.
mf
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?