Dublin Divorce
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I have a property jointly owned with my ex husband. About 120k in Negative equity so stuck just now. Rented and a lot of the rent being counted against interest so holding its own.
Outstanding mortgage: 600k
My salary:85k
I am looking to get a joint mortgage with my new partner. 3.5 times his salary more than covers what we need, but as the new property will be in joint names it will have to be a joint mortgage.
Does anyone know the rules around salary to mortgage limit in this case? Does the whole value of my current mortgage count against my salary or just 50%?
Outstanding mortgage: 600k
My salary:85k
I am looking to get a joint mortgage with my new partner. 3.5 times his salary more than covers what we need, but as the new property will be in joint names it will have to be a joint mortgage.
Does anyone know the rules around salary to mortgage limit in this case? Does the whole value of my current mortgage count against my salary or just 50%?