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Msshopper2010

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  1. Hello, We would like to take a mortgage in UK with my partner but the problem is that 5 years ago his company in Portugal went bust, the case was built up against him and other two partners and it still hasn't been resolved. When the process in courts finish, someone will need to repay the debt of 300.000 euro Thinking of the possibility that it might be him, I am not sure, whether it is a good idea to invest my money and suffer the consequences after if the house will be taken away by bank to cover the debt costs. There's a possibility to take a mortgage on my name only but then my partner officially won't have any rights(and he's not happy about it of course). As we are planning to pay 50/50 for the deposit, I am not sure how it would be possible to make this work so that both of us will be happy?! All your suggestiions will be really appreciated. Thank you!
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