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Loan offer signed

  • 16-08-2007 1:03pm
    #1
    Tammis
    Closed Accounts Posts: 28 ✭


    What would be the normal course of proceedings be in remortgaging when a couple have split up, one partner has decided to stay and buy out the other partner, having procurred a new partner who is willing to aid the remortgaging process by adding there name to the process, only to have signed the letter of offer and possibly other documents, only to be informed of the disintegration of the present relationship. What situation is the new partner left in?


Comments

  • #2
    jubi lee
    Registered Users, Registered Users 2 Posts: 292 ✭✭jubi lee


    well the new person hasn't paid any cash so thats that!you'd have no interest in the property....


  • #3
    Tammis
    Closed Accounts Posts: 28 ✭Tammis


    And no obligations towards anything that may arise?


  • #4
    Rhonda9000
    Closed Accounts Posts: 451 ✭✭Rhonda9000


    On the current facts, partner hasn't paid anything therefore the contract cannot have concluded, so no.


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