We are going through a seperation and probably a divorce within next 2 years. I am in family home with kids. I am in a position to buy him out and finance the mortgage myself. We have a very nice tracker mortgage which I am afraid of losing. Do I have the option of getting a solicitor draw up document saying he no longer wants rights to the house. Will the banks take him off mortgage eventually once I prove I can pay it say over a two year period. On paper with my wages they won't agree but I rent out two rooms long term to students - would they take this income into consideration. Do I have any other options.
I can easily afford the mortgage repayments and would love to keep tracker without entering into a new contract with bank.
I can easily afford the mortgage repayments and would love to keep tracker without entering into a new contract with bank.