Seperation & Seeking A Mortgage

I am just wondering how do mortgage providers treat a mortgage applicant who is separated but does not have a formal separation agreement in place? Are they likely to not want to deal with the case until a formal seperation agreement is in place? If you are confident that you can afford the repayments, do you have to tell them about the situation?

I would imagine they won't give you a mortgage if there is no clarification in place regarding the ownership of property. Former spouse could have claim. I don't see how you would not tell them as you will have to tick some box on the form, if you say you are married they will want spouse on mortgage if family home, if not you will still need to deal with family home declaration stuff with solicitor so not really possible to fib about this kind of thing.

I am no expert in this area but in purely practical terms they would need to see a legal agreement where both parties have agreed about maintenance position or otherwise, how other debts if any are to be paid. Are there any other properties involved. You might have to give more details in order for expert posters to help you more.

Sorry,good point. I am talking about moving out of the family home and buying a property in advance of a formal separation agreement in an amicable seperation

Only way you could apply for it in your own name would be as an investment property, might be hard enough get a mortgage for investment property these days!

IME they will need a separation agreement, where maintenance has been agreed, ownership of the family home sorted, and succession rights waived.

It doesn't have to be a judicial separation.

Louthman13 - did you go any further with this? I'm just curious is it possible to (I'm simplifying this) just get a mortgage if you're the separated party that is out of the family home, or would one in this situation need to consider renting? (on the assumption ability to repay is not an option)