Separating and buying new house query

[GreediestDog]

Humph. I am separating from husband and had my own mortgage approved, offer accepted on house, conveyancing underway.
Ex husband is moving to new employer so can’t supply 3 months payslips etc to take over our existing mortgage yet, to enable the transfer of equity.

Will I have no option but to purchase my own house as second property, pay more stamp duty, then claim it back?

otherwise I’m worried my own purchase might fall through as vendor keen to sell and there were a lot of offers.

Really can’t face the thought of another 3-4 months living in the same house and also possibly my purchase falling through 🙁

You don’t need three months of pay slips - you can ask your new employer to send a letter confirming your appointment, start date and new salary and monthly pay. I organised this for a new employee last year and the mortgage company accepted it. Mind you, she had actually started!

That’s what they ask for as standard. However, some will accept an alternative. It’s worth asking.

It's quite foolish he is moving employer at such a financially crucial and insecure time, for both of you.

My questions are: is this all agreed and signed as part of a legal divorce settlement? If not you are making yourself vulnerable. This property will be half his and all your financial responsibility at the same time.

Also, it could take 3-4 months for you to move from this point, you state you don't want that.

If you don't want to be sharing with him, move into rented, and buy one your divorce is finalised.