M
murphyslaw
Guest
Hi
Myself and my brother own a property in dublin. I having been seeing somone for around 4 years now and are certainly at the stage now where we should be living together. My brother agreed that I could move out and he would be the sole name on the title deeds. However our mortgage provider will not agree to a sole mortgage for one of us as like so many properties it is in negative equity. There is approx 188k on the mortgage and my best guess judging from around the area would be that we would get no more than 160 in a sale. The bank dont seem to be agreeable to just one of us moving out and the other continuing on paying the mortgage by themselves. Even if I put what savings i have into the paying the difference i would no deposit for a new place. Suggestions PLEASEEEEEEEE!
Myself and my brother own a property in dublin. I having been seeing somone for around 4 years now and are certainly at the stage now where we should be living together. My brother agreed that I could move out and he would be the sole name on the title deeds. However our mortgage provider will not agree to a sole mortgage for one of us as like so many properties it is in negative equity. There is approx 188k on the mortgage and my best guess judging from around the area would be that we would get no more than 160 in a sale. The bank dont seem to be agreeable to just one of us moving out and the other continuing on paying the mortgage by themselves. Even if I put what savings i have into the paying the difference i would no deposit for a new place. Suggestions PLEASEEEEEEEE!