Ex-partner wants house sold years after he stopped paying mortgage

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and we live in the house together and with our 2 year old.

And banks, while willing to lend the money back then with only the slightest nod to risk assessment, if any at all, made sure that all buyers’ names were on the loan. If things went wrong, the banks wanted to be sure they could go after everyone connected with the loans which is standard practice to be fair.

It is no use to you at this point but it is worth remembering for anyone who finds themselves in such a position in the future. It really does make it less messy for both parties.You have been dreadfully unlucky. Although you have made sure you had the money to meet the mortgage payments, negative equity and, subsequently, Covid have conspired to ensure you could not get a mortgage in your own name. is, unfortunately common.

Essentially you both want the same thing. You’ve been trying to remortgage over several years to get his name off the loan and he wants done with it. Given the urgency from your point of view, it might be an idea to consider engaging a mortgage broker once your company is off the EWSS. The system is obviously the same regardless, but brokers tend to speak the banks’ language, they know what they want and how best to present applications and to whom. It might just expedite the process for you.

 

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