• Transfer Of Equity

    By Guest on 22nd Jun 2017

    Hi, I bought a house with my ex and I have been trying to get his name off the mortgage now for 7 months. Yesterday my solicitor received the final document we needed from him, however, my new mortgage offer has now expired and I had to start again. The bad news is they have now said my house LTV is 91% and needs to be 90% so I have to pay the 1% lump sum before they will offer me another single persons mortgage. The joint mortgage I am currently paying is fixed until September, I was just wondering if I can wait until then and then just remortgage in my own name so I dont have to pay this 1% lump sum? Would this work or not?

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