In 2017, my mum bought the council property with me so she could get the council discount and be able to afford ithe mortgage with my name. I did not want to do it but she told me that I will not be able to stay with the family if I don’t do the mortgage with her. Then straight after the mortgage was completed she still kicked me out of the house. My mum and step dad have been paying the mortgage and I haven’t paid a penny as I haven’t lived there since it’s been jointly owned by me and my mum.
I have been asking to remove my name for years as she’s promised to and for step dad to replace my name because they’re living together and paying it. So it makes sense for him to have his name on too. Step dad is showing that he’s living in another address but he actually lives with her. She has 3 kids with him and is living with him and they’re both paying the mortgage so it makes sense. But she is refusing to remove my name and have step dads name on to replace me so I can get a property of my own.
I am ready to get a mortgage but the most suitable one is the Teachers Building Society. I cannot benefit from that if I have a second property in my name.
I was wondering what are my options if I was to take this further?
Hi Sarah, thanks for getting in contact.
There's potentially two issues here, one being that some lenders won't allow two residential mortgages as you've found with Teachers but also affordability as they will both be taken into account due to your liability on the first one.
Unless your current income can comfortably cover both mortgages (and running costs) on paper then it is likely you will need to resolve the dispute before being able to progress this.
The dispute isn't something we can advise on however if there's question marks over who's actually living in the property and the potential impact on benefits being received by said people then you could consider raising it with the relevant agencies.
Thank you David,
When you say I could contact relevant agencies about who is actually living there. Would that be the bank or the council?
There's a few avenues you could potentially explore: the Council, the mortgage lender, citizens advice, legal advice etc
It's a very difficult one I'm afraid but may be necessary unless both properties are deemed affordable on your income regardless of whether you're actually paying them or not.
Ok, thank you very much for your advice.