Posted on 23 October 2012 by Lynne Farrell
I recently married but my mortgage is in my sole name and we have agreed to leave it as this. I would like to know what I need to do regarding the mortgage to ensure my husband remains in the house if anything where to happen to me.
As your new husband isn't on the property deeds, and therefore not on the mortgage, you would need to make sure that you have made a will, that clearly sets out your wishes, and you have protection in place, which will pay pay out and then be used to settle the mortgage, in the event of something happening to you.
Although John Charcol is primarily a mortgage broker, we do have protection specialists, and also can you put you in touch with a solicitor to talk to you about a will, if you haven't already made one. Please let me know if you would like to speak further on this.
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