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Adding partner to Bradford and Bingley variable rate mortgage…

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Written on: 15.01.2010 [16:18]
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Posts: 3
I have had my own house for a few years now, well I say my own house, I still owe quite a bit on a mortgage. However my partner wants to move in with me and doesn’t want to feel like a free loader. I cant really take rent so we thought that we would just both contribute to the mortgage and settle things that way. On a Bradford and Bingley variable rate mortgage is this possible?
Written on: 17.01.2010 [15:32]
Posts: 3
Firstly before you find out whether it is possible or not I would advise you to have a long think about what you are about to do. I mean there is a bit of a difference between them paying rent and owning part of your house. Are you sure you want to share the house with them, because from the way it sounded it sounds like you just accepted to the mortgage thing as a last option. If it was something you really wanted, would you have just thought of that straight away?
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  • Written on: 18.01.2010 [23:39]
    Posts: 8
    You can usually add people to a mortgage, but it is obviously done on a case by case ruling. You would have to go in to your branch and sort things out with them.

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