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Have the Deeds been updated to show that all 3 of you are now the legal owners of the property?
Hello, I am sorry for the delay! Would you prefer to speak on the phone?
I am on my way home from work, so will be online from just after 7pm if you want to chat here or on the phone. Whichever is easier for you.
No worries, thanks.
Well, as the property is in your 3 names, all 3 of you would have to apply for any Mortgage jointly. This is because a Mortgage Lender will only grant a Mortgage or Equity release to ALL the legal owners, as opposed to say 2 of 3 of the legal owners.
Please let me know if you require any more information. Kind Regards Al
Hi Tania, I'm afraid not- all 3 of you would need to be party to any Mortgage.
Kind Regards Al
Ok, thanks Tania.
If you could rate my answer in the top right hand corner of your screen, I can then get credited for my time.
Thanks and all the best. Al