43 Telegraph Road, Heswall, Wirral, CH60 0AD
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Divorcing or Separating from a Partner?

Divorcing or Separating from a Partner?

If you hold a joint mortgage and have reached the point where a divorce or
split from a life partner is likely, then it would be prudent to see what mortgage
options you have available.

If you would like to stay in your existing home and “buy out” the
other person, then this may be possible subject to you satisfying the criteria
of a suitable lender. It may be possible for you to remain with your existing
lender. However, if they aren’t prepared to lend, you may be able to explore
the market to see if there is another lender that could work for your

The process for buying out another person from a mortgage is known as a
transfer of equity.

If you have found yourself in the position where a relationship is ending and
you need help guiding you through the mortgage aspect of these circumstances, or
if you want to see what your mortgage borrowing capacity could be if  you ended a relationship, then Concept Mortgages can assist.