Asking for a friend...
A guy I know is going through a separation but his ex is non-cooperative. He is unable to get a legal separation agreement.
He explained his circumstances to each mortgage lender he contacted. Three refused to proceed because of the lack of the separation agreement, one said they would provide the mortgage, and that he should check the 'Married' box instead of 'Separated'.
He has no court order payments for maintenance or child support, though he makes monthly payments. He's on a good income and qualifies for the mortgage easily. The property he wants to buy is a fixer-upper in the midlands. He has two children with his ex and a home in both their names with a very small mortgage that she and the children occupy.
The mortgage lender is obviously eager to give him the finance, but is it ok to make Married instead of Separated? Is that acceptable because there is no court orders and only an informal separation, or will this come back to haunt him?
A guy I know is going through a separation but his ex is non-cooperative. He is unable to get a legal separation agreement.
He explained his circumstances to each mortgage lender he contacted. Three refused to proceed because of the lack of the separation agreement, one said they would provide the mortgage, and that he should check the 'Married' box instead of 'Separated'.
He has no court order payments for maintenance or child support, though he makes monthly payments. He's on a good income and qualifies for the mortgage easily. The property he wants to buy is a fixer-upper in the midlands. He has two children with his ex and a home in both their names with a very small mortgage that she and the children occupy.
The mortgage lender is obviously eager to give him the finance, but is it ok to make Married instead of Separated? Is that acceptable because there is no court orders and only an informal separation, or will this come back to haunt him?