I have recently been made redundant and cannot pay my share of the loan - the property is currently under my name and my ex wife's. As I cannot make any more loan repayments ,I would like to change ownership to her name entirely. Could you please inform me as to what the procedure is ,noting that I would also like to draw up a tennancy agreement as I would like to stay in the property involved (I will be paying minimal rent!).
I thank you for any information.
B