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mortgage during separation process

Trendy20171023 · 2017-10-23 09:16:57

Hi, I am wondering if anyone has personal experience of this scenario - Am currently going through the separation process, terms of settlement agreed and about to be signed and submitted to court. No areas of dispute, family home transferred into one name, buyout amount released to other me, deeds of title transferred. I…

23-10-2017 10:16AM

#1

Trendy20171023

Registered Users, Registered Users 2 Posts: 1 ✭

Join Date: October 2017

Posts: 0

Hi, I am wondering if anyone has personal experience of this scenario -
Am currently going through the separation process, terms of settlement agreed and about to be signed and submitted to court. No areas of dispute, family home transferred into one name, buyout amount released to other me, deeds of title transferred.
I am purchasing another property and am wondering if deed of waiver ( or something similar) and solicitors confirmation of agreed financial obligations is enough to satisfy underwriters for a new mortgage? Have not read many examples of this scenario. Waiting for the terms to be stamped by the court is not something I wish to wait for, as have a house purchase underway and don't want to postpone that until an unknown date in the future when the separation process is fully complete.

Thanks for Reading

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