Mortgage names vs. Title

Posted on 1 August 2011 by Mike


My partner's daughter and boyfriend are buying a house together, but due to credit history she can't get a mortgage. Can the deeds still be in both names yet the mortgage only in his?  Many thanks.

Mike

The mortgage must be in at least the same names as the title as recorded at the Land Registry.  Some Lenders will allow more names to appear on the mortgage, but never the other way round.

I have forwarded your enquiry to our in house Solicitors as there may be another way to achieve what you are after and you can expect to hear from them via e mail in the near future.

Peter

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.