Switching names on a mortgage

[Knakard]

Hi

My house is currently in mine and my dads joint names as when we bought my dp at the time was a student and they would not give me they amount needed in my name alone. Do fully qualified now and employed in chosen profession for 2yrs. And soon to be dh.

So we are now looking to move house into our names. Have an app with morg advisor next week but just wondered if any one could give me the heads up on likely cost implications, also can cutter mortgage be changed names or do we need a whole new one? It's a svr with barclays.

And advice appreciated.

I think, assuming your DP has a good credit rating and your joint income meets the required sort of level, you shouldn't have too many problems. If you're not changing the amount borrowed you may be able to get away with a minimal admin fee which is often in the £50 - £100 region.

Thanks for that. His credit is ok, nothing meg on it but other than bank acc he doesn't have anything on it.
Amount left on morg is just over 2x joint income. Should that be ok?

I mean neg, fat fingers!

It totally depends on the lender and what their lending criteria are but 2x income from someone with no history of bad debts together with the existing borrower who has never defaulted shouldn't cause any problems, I wouldn't have thought.