Philip Cork
Registered User
- Messages
- 13
Its similar to taking a new mortgage.
Called them and informed me that once my credit capacity/salary was cleared/approved to pay the mortgage that I would continue on the existing one etc.
Called them and informed me that once my credit capacity/salary was cleared/approved to pay the mortgage that I would continue on the existing one etc.
I am in a very similar situation and I was told by my bank that I would have to get a totally new mortgage at the new much worst rate in order to buy partner out..? Cant let me continue with existing mortgage due to "legal reasons" concerning having 2 names on existing mortgage..? Find it all a bit dodgy meself and will have to ask solicitor about it.
Wow! My comment to you was based on what my bank told me....maybe they just don't want me to continue on the old very-good-rate mortgage. They SAID that it was to do with difficulties with the title.
They can do it ( transfer the mortgage into your sole name) if they wish. Which they don't. The alternative to their proposal is that partner remains on mortgage which I imagine is not what they want to do either.
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?