C
complicated
Guest
I would like to buy out my ex-husband's half of the house which is jointly owned. It will just be a matter of signing it over to my name.
There is a judgement mortgage on the house in relation to debts he hasn't paid off and currently can't afford to repay. Is it possible to transfer his equity into my name without me being liable to any of the debts.
The bank have told me that I can afford to take over his half but that the judgement would have to be discharged first.
I'm not sure if some sort of agreement could be drawn up with a solicitor that he has no further or future interest in the house and that he will take full liability for the judgement?
There is a judgement mortgage on the house in relation to debts he hasn't paid off and currently can't afford to repay. Is it possible to transfer his equity into my name without me being liable to any of the debts.
The bank have told me that I can afford to take over his half but that the judgement would have to be discharged first.
I'm not sure if some sort of agreement could be drawn up with a solicitor that he has no further or future interest in the house and that he will take full liability for the judgement?