I live in the UK. My partner and I own a house, but at the moment the mortage is in his name and only his name appears on the house deeds. The reason why the mortgage was not in joint names initially is because I was unemployed at the time of applying.

I have contacted several solicitors to ask if I may add my name to the house deeds without being added to the mortgage (this is the way I would prefer to do it). Most say this is not possible, few say that it can be done.

Could you please let me know who is correct? Can my name be added to the deeds without agreement from the mortgage company (and my name being added to the mortgage)?

Thank you so much for your help.

excon

Hello HanaS:

I dunno. You're across the pond. But, I sure do have an opinion.

I seriously doubt whether the mortgage company will let you be added to the deed. Right now, if your partner defaults, they can claim the house. Neat and clean. If you're added, however, and he defaults, it's not so neat and clean any more, is it? That's why they're not going to do it.

You need to be added to the mortgage too. But, that's not going to happen unless you go through a refinance. If you do, he'll sell the house to both of you, and it will be recorded that way.

If I were you (the ONE who's left out in the cold), I would absolutely do this. Interest rates aren't bad, at least on this side.

excon

colbtech

For a start, it's the bank that actually own the property, not your other half.

Your other half has signed an agreement that he will pay £xxx.xx for so many years, at the end of which he will own the property. Should you wish to add your name to the deeds of the property then not only does your other half have to agree but so does the bank. Without the bank agreeing your other half can not change the agreement.

Refinancing is the way to go, again you need your other half to agree and find a bank or building society that will lend the funds. This shouldn't be a problem providing you can show employment records or obtain details from a prospective employer. There will be charges based on the amount of money borrowed and possibly some sort of penalty clause for early payment of the mortgage. Talk with other half and speak with banks or building societies, most will not lend more than you can afford. Good Luck

bhayne

If your common law, then you don't need the name on the deed to own half. It is your legal right to half of the estate that you aquired while living together.

Actually, you've got the best of both worlds. You own the place yet no one is going after you if payments are faulted!!