The house we live in is in my husbands name as he inherited it from his mother some years ago. My husband stays home and looks after the children while I work full time. We want to take out a small mortgage jointly against the house as it badly needs some upgrading. My questions are
Is it possible to take out a mortgage against part of the value of the house , about 30% ?
Would there be any issue with the mortgage being in both our names?. My husband officially owns the house
Is it possible to take out a mortgage against part of the value of the house , about 30% ?
Would there be any issue with the mortgage being in both our names?. My husband officially owns the house