My Partner's finish paying is mortgage this year and has a good credit rating unfortunately I have been on IVA since April this year I had personal unsecured loan debts before i moved in with partner 7 years ago from my old address near enough 10k
I am in a dilemma he wants to put my name on the mortgage deed. What would be your advise
As Luluj says, do not go on the deeds until your IVA has completed. Apart from anything else acquiring any interest in the property will give the creditors an excuse to try and grab a share or extend your IVA by 12 months.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Even if your Supervisor was in agreement, being in the IVA is likely to either prevent a mortgage including you being successful or, at very least, result in less competitive products being available. This is aside of any of the valid points already made above.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.
