Thanks for your enquiry.
If the property is in your Wife's sole name, no creditor of yours is entitled/able to register a lien/Charge over the property. Only if the debt belonged to your Wife would this be possible.
I hope this assists and clarifies the position for you.
Thanks for your reply.
Provided your name is ***** ***** the Deeds, the new property is indeed safe.
The only thing you have to made aware of is that if you were to be made Bankrupt within 5 years from the date you sold the jointly owned property, the Trustee in Bankruptcy could apply to Court and make a claim against the new property, equalling the amount you "put into the new house" IF he can prove that you gave your wife the funds to purchase the new property in order to avoid creditors. (Unless there was evidence to the contrary, you would have been deemed to have owned half of the value of the jointly owned property, and this half would be at risk of being claimed by the Trustee).
I hope this makes sense and confirms the legal position to you.
If I have helped, please don't forget to rate my answer.
Thanks John. Please don't forget to rate my answer, so I can get credited for my time. Kind Regards Al
Hi John, I would be grateful if you could rate my answer. Many thanks Al
Hi John, please would you take time to rate my answer. Thanks Al
Hi, if I have answered your question, I would be grateful if you could rate my answer, so I may get credited for my time. Thanks Al