• Transfer Of Equity

    By Guest on 21st Nov 2013

    I have a mortgage, I don't want to add my partners name to the mortgage, can I still add my partners name to the deed for my property. If so how do I do this?

  • 1 Answers

    By Guest on 15/12/2013

    Hi,

    The short answer is, probably not. The lender will not be happy to accept a situation whereby they cannot enforce their security against all of the owners in the event that you default on the mortgage. There are some exceptions, HSBC is one lender that offers the option in certain circumstances. They will ensure however that their right to repossess and sell is enforceable against your partner and I couldn't say whether they would be happy to consent to your particular request. Why not contact them and check?

    Admin

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