Jump to content


BankFodder BankFodder


Need some advice on relative on deeds of house/mortgage.

style="text-align:center;"> Please note that this topic has not had any new posts for the last 259 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

I'm in need of some advice on what I should do for my current situation
Long story short, I co own a bungalow with my dad and uncle
The uncle stopped paying his share of the mortgage and moved out about 7-8 years ago now and hasn't paid anything since
He struggled to get housing benefit because the DWP saw that he was on the deeds and/or mortgage of this house so wanted his name removing (But he somehow was able to get housing benefit despite this)
So I worked my butt off for the past 2 years to get sufficient income from my self employment to arrange a mortgage, all the while he was promising he would sign any document to get his name off (No mention of money changing hands, he just wants to remove his name)
So I managed to get a mortgage approved through a broker with Natwest, hurray!
We all have to fill in the transfer questionaiire for the equity of course, which I and my dad have done (My dad is gifting his share to me), the forms were sent to the uncle and he promised he would send them off last week (Tuesday or Wednesday)
Well, it's been a week and he hasn't sent them off and I have a feeling he isn't going to do it, despite saying otherwise and me offering compensation for the trouble.
I've sent two emails since then asking if he needs help, but nothing back.
So now I'm short some £1000-£1300 for the all the different fees and solicitors costs and it looks like I won't be able to remortgage after all.

That part is stressful and disappointing enough, but the worrying part is the mortgage we currently have is a half and half one, so only half the mortgage (capital) is being paid off, we will still owe some £75,000 in 8 years when the mortgage comes to an end.
And the uncle will still be on the deeds.
I really don't know what to do, as I understand it from a legal standpoint, there's nothing I can do to force him off the deeds and/or mortgage.
So any advice is appreciated.frown.gif

Share this post

Link to post
Share on other sites

have you tried going round to where he live with your father and putting the document under his nose to sign? If you have other relatives in common drag them along  as well if he has a decent relationship with them.

Many people are happy to do nothing with their lives unless pushed.

Edited by ericsbrother

Share this post

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...