hi
I have an unusual situation where my partner is seperated and I am co habiting with her and her children. She has a tracker mortgage with her ex of 300k with arrears @20 k. the house is in positive equity @ 380k. she has an arrangement with the bank until july next year. In the meantime the house is for sale ( no takers ), I suppose the query is because it is the family home ( if i got permisson from her ex ) would the bank (ulster bank) be open to doing a deal with my partner and myself in trying to keep the home as a family home as I would not get a mortgage of 300k ?
I have an unusual situation where my partner is seperated and I am co habiting with her and her children. She has a tracker mortgage with her ex of 300k with arrears @20 k. the house is in positive equity @ 380k. she has an arrangement with the bank until july next year. In the meantime the house is for sale ( no takers ), I suppose the query is because it is the family home ( if i got permisson from her ex ) would the bank (ulster bank) be open to doing a deal with my partner and myself in trying to keep the home as a family home as I would not get a mortgage of 300k ?