There is more to splitting up a relationship than simply dividing the assets and deciding, “Who will get the toaster!” Whilst coping with the emotional stress of divorce, the underlying finances are all too frequently neglected.
Often, the biggest decision is, ”Who gets to keep the house?” There are many factors contributing to the outcome of this dilemma, the primary one being affordability. If one party moves out, can the remaining person afford to keep the mortgage? The answer to this question is not as straight forward as one may think, as each mortgage lender calculates affordability using different criteria, which can be confusing. What is acceptable income to one lender may not be to another. We have made it our mission to understand each lender's individual requirements, which takes the guess work out of applying for a mortgage.
Whatever your situation, it is important to seek expert advice from an independent mortgage adviser, who will be able to provide you with the options available to you and point you in the right direction.
We specialise in finding the right mortgage for people in this situation. Our experience in helping many people going through a divorce, will enable us to help you find the most appropriate deal available. Which can save you time and the frustration of possibly being turned down for a mortgage. Contact us for a free advice and assessment.
As specialist in this field, we have also developed a number of relationships with professionals who are also experts in their field.
Recommended Solicitors
Jeremy Chandler-Smith - JCS Solicitors - www.scssolicitors.co.uk
Trina Gibson - Neves & Dyer Solicitors - www.nevesanddyer.co.uk
Mark Keenan - Divorce Online - www.divorce-online.co.uk
Lisa MacDonald - Woolley & Co - www.e-lawfirm.co.uk
Karen Agnew-Griffith - Woolley & Co - www.e-lawfirm.co.uk
Andrea Thompson - Woodfine Leeds Smith Solicitors - www.woodfines.co.uk
Elizabeth Feeney - Woodfine Leeds Smith Solicitors - www.woodfines.co.uk
Recommended Relationship Councillors & Coaches
Julie Jones - Changes Forever - www.changesforever.co.uk
Kirsten Gronning - The Divorce Coach - www.divorcecoaching.co.uk