I need some general advice but am a bit scared of talking to my mortgage provider at the moment in case I set their alarm bells ringing.
I'm a student with 3 DCs with a year left to go on my course. The ex moved out last year (he had an affair). We agreed to divorce when I finish my course and get a job so the DCs have continuity with their home (one has ASD). He's changed his mind and wants a divorce now. Which means his name would come off the mortgage.
I only want to move once to minimise the impact on the DCs (particularly DS1).
I'm wondering if a mortgage provider would allow me to take on the mortgage by myself as a student (I've been paying it since ex left) AND give me a payment holiday to cover the time between leaving university and finding a job? Has anyone actually done this?
Would he need to be still on the mortgage to enable me to take get a payment holiday? I'm not sure of the procedures the mortgage people would use.
If I sell the house and downsize now do you think it's possible that my mortgage provider would keep me on given that I'm a student?
I know I'm asking for general advice and that my mortgage provider is the best one to speak to but I don't want to do that quite yet.
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Divorce/separation
Mortgage companies and students
7 replies
Simile · 11/04/2014 15:59
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