• DIY Conveyancing Kit

    By Guest on 07th Jan 2015

    I'm confused about the Mortgage question. My exwife and I own a property with a joint mortgage, she is coming off the deeds and i am becoming the only owne. The mortgage will be unchanged in any way.

    Does your kit allow us to do this change?

    Regards
    Andy

  • 1 Answers

    By Guest on 07/01/2015

    Hi,

    Thanks for your question.

    No it doesn't. The lender will have to consent to the change of ownership (usually by signing the transfer deed) and will need to release your ex wife from her obligations under the mortgage. It will insist on being represented by a lawyer and on you bearing the cost, so you may as well have the lawyer act for you also.

    Best regards

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