Reply With QuoteBeware when you realise it's not for you, you cant flip it on SC.
Any help would be great, im buying a house, my girlfriend has recently got a job so they are only using my income only which means she will not be on the mortgage, is there any legal way that she can become joint owner which is what i want.
Beware when you realise it's not for you, you cant flip it on SC.
The mortgage might only be calculated on one wage, but it can still be a joint mortgage, and she can contribute to it regardless.
Tactical house, Jim?
lol, i wish, no a bloody "wrecked" old house.Originally Posted by ach5
Tactical house, Jim?
Wrong size, need the next size up
How does Tac-Cat feel about the move?
To answer your original question (and Im no expert), I have a friend that did this and it all went through.
Payments came from him alone and she was named on the mortgage and deeds.
Though she did have a job and I *think* she had to show her financials.
As for the deeds, I think anyone can go on those?
This could end badly.
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
?
Tactical house, Jim?
Nah, he needs more space. One of these, perhaps?
https://www.actiontarget.com/products/match/
That led me to an award-winning 'stealth' house:
https://www.mansermedal.co.uk/project/stealth-house/
______
Jim.
Was she previously unemployed, or moved from another job?
If the latter, they should be able to take her's into consideration as well (which is what happened with me a year and a bit ago)
I thought if she pays some of the mortgage, or otherwise supports you in your career she will be considered joint owner anyway, at least if you are ever came to separate.
The bank's process for determining if you can keep up the payments is not the same as defining ownership.
Last edited by ernestrome; 19th April 2018 at 16:49.
[QUOTE=jwg663;4741281]Nah, he needs more space. One of these, perhaps?
https://www.actiontarget.com/products/match/
That led me to an award-winning 'stealth' house:
https://www.mansermedal.co.uk/project/stealth-house/[/QU
Why would any sane person want to be a party to a mortgage if it wasn't necessary?
If it goes tits up, she's jointly and severably liable.
Why would you want to expose yourself to this if you didn't have to?
Long, long term maybe, to build up 50% of any equity....but otherwise....
I wouldn't worry too much. She won't have to pay a penny to be entitled to half... 😄
Presumably because one has to balance risks and rewards of ownership, and also might wish to behave equitably towards their life partner, sharing those factors?
I don't think it has to be a long term thing to build up equity any more, especially if there's some evidence they intended it to be a joint asset.
Is she putting any deposit in? If so you could draw up a legal document like a declaration of trust.
Is her credit okay? If so she could be on the mortgage without an issue, they would just base it solely on your income. Some lenders however may take her income if it’s permanent employment and no probation period (especially if she’s moved from a job in a similar environment to the new one).
See an independent mortgage adviser and they will be able to run through all the scenarios.
This.
Tac-Cat will probably get the other half.
Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
i remember my x mrs having to sign some papers agreeing she had no claim to the property. She was living with me but i was buying it on my own(before we married)
They wouldn't give me the money otherwise.
hes getting a shed.
That would be an Occupier's consent form.
https://www.wilson-nesbitt.com/clien...-consent-form/
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