What rights do I have after split up with my partner?
What rights do I have after split up with my partner?
What are my rights if I separate from my partner? Money or property in your partner’s sole name will be presumed to belong to them alone, unless you can prove otherwise. You have no right to claim financial support for yourself, although you do have the right to claim support for any dependent children.
Can someone be on the title and not the mortgage?
It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances. If a mortgage exists, it’s best to work with the lender to make sure everyone on the title is protected.
Can just one spouse apply for a mortgage?
Married couples typically apply for a mortgage together. They can pool their resources to qualify for a bigger home or one that better suits their needs. But some couples discover that one spouse has a high credit score and the other does not. Just one spouse or partner can apply for the mortgage.
How do you qualify as a first-time buyer?
To be considered a first-time buyer, you’ll need to have never owned a property. It doesn’t matter if the property was shared ownership or you owned it jointly with someone else. The property you are buying as your first home needs to be your main residence, not a buy-to-let or second home.
Am I classed as a first-time buyer if I have had a mortgage in the past?
Providing you’ve never owned a home before, you’ll qualify for first-time buyer status, too. The only caveat here is whether or not the commercial property you own, or have previously owned in the past, has living quarters attached to it. If it does, you will not be entitled to first-time buyer status, unfortunately.
How do they know if I’m a first-time buyer?
The government could know if you are a first-time buyer buy searching the land registry for your name. They could also simply check your credit history to see if you have ever had a mortgage on your credit file. You may be committing mortgage fraud and tax fraud. …
