Urgent advice needed - How can I prevent my STBXH from borrowing on the house?

[Engineeringlife]

We are going through a long drawn out divorce with everything moving very slowly. STBXH is refusing to sign the application. Now he is saying he is going to borrow money on the house. The mortgage is paid off and the house is in joint names. Is he able to do this? Would we be jointly responsible for the loan? Is there anyway to stop him? Please advise ... I am panicking BIG style.

If the house is joint I don't think he can borrow against it without your agreement. Don't panic,

A bank would not lend against the value of a jointly owned house without proof that the both owners consent to it. He's winding you up.

Thank you so much. That was my instinct but Google wasn’t providing me with any answers. I managed to protect the property during the last few mortgage payments by letting the bank know we were in dispute. Therefore, he couldn’t get a second mortgage on the house without my consent.

Speak to your solicitor about it. There is a form you can fill in which is given to the courts. Once approved they will put a order on the property meaning it can't be sold, remortgaged or transferred.

Thank you…I didn’t know about this form. Do you know if it can be completed in the early stages of a divorce application?

https://www.gov.uk/protect-land-property-from-fraud

Fabulous! I love all the amazing people who are so helpful on MN! Thank you

Hi that form can be complete before you even started your divorce. Seek legal advice with help to apply for this.

https://www.gov.uk/stay-in-home-during-separation-or-divorce/apply-if-the-property-is-registered

@Danidutch @RudsyFarmer @Scousemousey @sparklefresh Thank you for putting my mind at rest this evening. I will be filling out the forms tomorrow. You are all amazing.