I have been paying the mortgage on the former marital home for the last 6 years. As part of the divorce I have a court order stating I am responsible for all mortgage payments but also ex has no financial interest in the property so all equity is mine.
Fixed rate comes to an end and I contact mortgage co to say I want a new product as payment will go up and I want to fix my rate. I can't without ex dh agreeing as his name is still on the mortgage and deeds. I show them my court order and they say I need to do a transfer of equity before I can change to a fixed rate.
My argument is that even if I defaulted my ex dh legal wouldn't be responsible for any of the payment anyway - they're wanting to assess me as an entirely new customer - I've shown all my outgoings etc and in the last 6 years not one payment has been missed. They're now saying I don't meet their lending criteria. So essentially I'm stuck on a higher rate with my exh still on the deeds and loan despite having a court order saying he has no interest and I'm responsible for paying it.
I can't go to a new lender without doing the transfer of equity first either.
Has anyone any clue what I can do? I'm at the end of my tether