• How Can I Remove My Ex Wife From My Mortgage When NRAM Will Only Do This If I Re-mortgage Which I Don't Want To Do

    By Guest on 30th Mar 2016

    Hi Not sure if you can help but I have exhausted all other lines of enquiry. I bought a house around 11 years ago with my then wife. We subsequently divorced, She wants to come off the mortgage and my new wife wants to be added. I even have a solicitors 'prayer' from my ex wifes solicitor asking for her to be removed The problem is NRAM my mortgage provider will not do this unless I re-mortgage which I don't want to do as I am 57 years old. I can see no way around this if the mortgage lender will not relent. I feel I am being forced out of my own house when I am up to date with my mortgage. Regards Stephen Holland

  • 1 Answers

    By Guest on 31/03/2016

    Hello,

    I'm afraid there is nothing you can do. It would require NRAM to release your ex wife from liability under the mortgage which they are not obliged to do and will not do if they are not satisfied that you are currently able to maintain the mortgage payments and are likely to be able to do so in future.

    You could consider perhaps entering into a trust arrangement whereby for example yourself and your ex wife hold the property on trust for you and your new wife in return for you and your new wife agreeing to pay the mortgage and outgoings. The only problem is she would still be liable to NRAM for the mortgage if you defaulted

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