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Can I get another mortgage while my wife is still living in the house we own?

Tagged as: Breaking up, Marriage problems<< Previous question   Next question >>
Question - (13 March 2010) 2 Answers - (Newest, 13 March 2010)
A male United Kingdom age 51-59, anonymous writes:

I am seperated from my wife, she is living in the house we jointly own with our children , she pays the mortgage and all he bills . my name is still on the mortgage as I have a finacial interest. Can I get another mortgage whilst I still own the other property?

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A reader, anonymous, writes (13 March 2010):

Word..what Caringguy said. The bank or lender will have to go by just your income alone, not including your wife's income, if you're planning on purchasing another place on your own(a non-joint mortgage), so if you make alot of money, you might be able to do it.

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A male reader, CaringGuy United Kingdom +, writes (13 March 2010):

If you have the money to, yes. You must have the money to cover all payments though, and you will need a large deposit.

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