Transfer of Debt

Posted on 8 April 2012 by Heather

My husband and I have a lot of debt (about £20k) in joint names, but also are about to come into about £13k worth of money. If we put all the debt into my husband's name, would it be possible to get a mortgage solely under my name?


There are lenders who will consider a mortgage in your sole name despite you being married and continuing to live with your husband, but they would want to know why he wasn't being included.

If the debt you have has been well conducted there shouldn't be too much problem, but if it hasn't then I don't think it will help you get a mortgage.

Before you take any action I recommend that you get a copy of both your credit files and then see an independent mortgage adviser who will look at your incomes, debts and available deposit before making a recommendation for the best way to proceed.  You can get your credit file from either Experian, Equifax or Call Credit:

Equifax Ltd

Credit File Advice Centre

PO Box 1140



0844 335 0550

Callcredit Plc

Consumer Services Team

PO Box 491



0870 060 1414

Experian Ltd

Customer Support Centre

PO Box 8000


NG80 7WF

0844 481 8000

I believe we can help you and that you would benefit from speaking to one of our independent mortgage advisers.  Please call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to help you.


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.

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