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Posted by Desperate partner : March 4th, 2008

Re-mortgage

My partner has got himself in a lot of debt which he is currently managing to pay but this will not last, he has found out about extending our mortgage. I would like to know if I can specify that this part of the mortgage is not mine and his sole responsibility, and if anything should happen this would be the only proceeds he would get to cover his debt, so protecting my investment in our family home? we have phone DAT and we were told as he was paying his debts he didn't have a problem, unfortunately he has no money left after his repayments so we need to do something. Thanks
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Hello Desperate Partner

After reading and unstanding your situation the best route to take in regards to the mortgage side of your quiery, the only way you could protect your equity in your family home is to speak to a solicitor. They will beable to help you. You say that when you called us previously, we had advised that you partner didnt have a problem if he was paying his debts back. Please give us a call back, so we can re evaluate the situation. You can give us a call back on 0800 954 6518. We will look at finding a solution so it is more comfortable to live day by day whilst paying your debts back Hope this helps
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