Posted on 2 November 2015 by Claire
My mum owns our family home outright however we need to release funds. Could I get a mortgage on the house if I am not the owner? My mum doesn't work so does not have a income.
You can remortgage your family home and secure a mortgage with your income. However, this will mean you will be jointly liable for the mortgage. However, I cannot make further comment as I would need to know the reason for the release of funds and whether you live with your mum at present?
I believe we can help you and that you would benefit from speaking to one of our independent mortgage advisers. Please call us on 0344 346 3672 or please enquire now a suitable time to get in touch via phone.
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