[ Post New Message | Post Reply to this One | Send Private Email to karl steven sowden | Help ]

why can one partner walk away from a mortgage contract without being chased for the money ?

from karl steven sowden (karlsowden@hotmail.co.uk)
i am writing for my mother. some years ago whilst married to my father they both took out a mortgage for a property in bradford west yorkshire, unfortunately the marriage broke down and they got devorced but the solicitor who dealt with the divorce did not sort out the financial side of my parents dealings. the outcome of all this is that my mother has for seven years been paying the mortgage by herself whilst my father claims incapacity benefit but also works. she has tried to get the mortgagew company to put the mortgage in her name but the bradford and bingley wiil no entertain this idea due to adverse credit even though she has paid the mortgage for seven years by herself. now she wants to sell the house pay off her debts and move on but she is unable to do this as the mortgage company won't transfer the mortgage and if she sells the property witht consent from my father he will expecty half of the proceeds even though the deposit for the house was paid by my mothers mother and she has paid the mortgage solely for seven years. after numerous times trying to sort this problem out even with a solicitor she still finds herself trapped i hope you can offer some help with this very frustrating situation for all conserned apart from my father who is living the life of riley !!!!!!!!!
(posted 7931 days ago)

[ Previous | Next ]