My fiancee and I are to be married next month. We will be letting a house for the next year or so, when I will then apply for a sole mortgage. She was declared bankrupt 18 months ago and has now been discharged. Will our joint tenancy agreement (renting) have an adverse effect on my application for a sole mortgage in the future? We have no financial ties, but I am concerned that sharing a tenancy agreement will affect my application for a mortgage. I have no connection to her bankruptcy with no financial ties to her at the moment. Thanks in advance. J.
As far as I am aware, any joint financial dealings will impact on you both.
Ascend may you find no resistance Know that you made such a difference All you leave behind will live to the end The cycle of suffering goes on But memories of you stay strong Someday I too will fly and find you again
I think there will be financial implications even if you apply for a sole mortgage unfortunately :-(
I strongly suggest you seek independent financial advise. Your local CAB or other.
Hope all goes well :-)
-------------- Views expressed are my own personal views, based on what has happened during my own BR process unless otherwise stated. Professional advice should always be sought.
If you struggle to get a high street mortgage then you could always try Ryan who is an expert on the forum. He has been instrumental in getting several people on the sister forum a mortgage.
His details can be found under the expert link on the left hand side of the page. Give him a call when you are ready. The advice is free.
Ascend may you find no resistance Know that you made such a difference All you leave behind will live to the end The cycle of suffering goes on But memories of you stay strong Someday I too will fly and find you again
Will sharing a tenancy agreement with my wife(who was br) affect mortgage application ?
Posted - 21 June 2012 : 21:46:14
