Hi, wonder if anyone could give me an idea if this is possible please?
DH walked out earlier this year leaving DS and myself in the family home. I am about to start divorce proceedings (this week- gulp!) and I we have been trying to come to an agreement over finances.
I would like to stay in the family home and with STBXH contributions, could afford to cover the mortgage. The problem is that the mortgage company would not give me the mortgage in my sole name as I am self employed and the amount I need would be too high.
Would it be possible for STBXH to remain on the mortgage but to have a legal agreement drawn up so that he is only entitled to his share of equity at today's valuation when I come to sell the house in the future? I wouldn't want to stay here for 10 years paying off the mortgage only for him to claim 50% in the future! We have discussed this and it is something he would consider doing.
Thanks
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Divorcing but keeping his name on the mortgage?
3 replies
SpiderManMum · 08/10/2012 16:50
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