Mortgage and seperation

Posted on 12 October 2008

HI

I am looking to raise my own mortgage and buy out my exs share of the property. We both own the property.

If I get a mortgage offer as the buyer can I make him a lesser offer than the 50% of the value of the property once I have had my mortgage valuation.

 

Hi Lesley

In all honesty this isn’t something I can answer, as to where you and your ex stand with what you can and can’t offer will be down to you.

If you do need further advice I can only recommend is you seek legal advice.

I wish you all the very best.

Bea

 

Answers provided in response to Ask Bea 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 neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Bea will accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

Question