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me and my partner are splitting up we both have a joint morgage but she wants to keep the house , our morgage what we owe is around £112,000.00 would

wasp72
by wasp72 23 October 2012  |  Comments 2 comments  |  Love Love  0 loves

she still be able to get a morgage on the property when she only earning around £22,000 per year

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Comments (2)

  • MikeGG1
    Love rating 879
    MikeGG1 posted

    It is unlikely because the days the multiple is more like 3x rather than the 5x which she would need.

    Is there anyone else who could house share with her?

    Letting a room to someone under the Rent-a-Room scheme might help because it would provide extra income to count.

    A mortgage broker would be better able to say.

    Mike

    Posted on 23 October 2012 | Love Love  0 loves Report
  • MikeGG1
    Love rating 879
    MikeGG1 posted

    You also don't mention whether there is any equity in the house that you would want her to buy you out from.

    Mike

    Posted on 24 October 2012 | Love Love  0 loves Report

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