Add spouse to title of property

[rbn76]

Hi All,

I am about to purchase a new house. The mortgage application is solely in my name as my wife is a student and unemployed. However, we would like the property to be in both our names. Is this possible? Do I need to take any special steps apart from asking my lawyers to include her in the title?

 

[mf1]

Why is your wife not on the mortgage application? Even if she is a student and has no income, she can be on the mortgage and on the deeds. There is an issue being on the deeds but not on the mortgage as, technically, if the lenders allowed it, which they won't, your wife's interest in the property might not be captured. That is a very simplistic explanation but lenders will not allow you to unilaterally nominate your wife's name on the deeds but not on the mortgage.

Talk to your solicitor anyway at this stage to get more case specific advice.


mf