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(@mercy2604)
Eminent Member
Joined: 12 years ago
Posts: 43
Topic starter  

Hello,

We currently rent our property through housing assoc and want to buy somewhere. If my husband were to get a mortgage in his name only, would it affect my trust deed I.E would trustee stake a claim in the house?



   
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(@plasticdaft)
Noble Member
Joined: 17 years ago
Posts: 1594
 

If its in husbands name pretty sure your trustee would have no inteest in it.

Paul


Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.


   
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(@mercy2604)
Eminent Member
Joined: 12 years ago
Posts: 43
Topic starter  

Thank you Paul.



   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 17 years ago
Posts: 13594
 

Hi Mercy2604.

Being on a mortgage and being the owner of a property aren't necessarily the same thing.

If you do this during your trust deed you'll probably want to make sure that your husband is the sole owner.


Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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