My ex has finally moved out after we split up in July (we've remained friends throughout) but that does mean that while I always paid for the mortgage, we split other bills so kept the mortgage in both our names, and the title deeds are both in our names.
I have spoken to him and he is happy to come off the deeds and is awaiting the transfer deed from the solicitor, but they won't issue one until I've changed the mortgage.
This is where it gets a bit complicated. I have come into enough money to pay off the rest of the mortgage in a lump sum, but I don't want to do it while it's in both of our names, because I don't want to run the risk of him potentially getting half of that should he decide to contest the transfer deed. however, I do not earn enough to remortgage in just my name, on my earnings alone, and if I DID remortgage, I wouldn't be able to clear the debt without paying extra interest and mortgage arrangement fees and whatnot...
I really don't know what to do, because I could pay the mortgage off tomorrow in theory, but if I do it before it's in my sole name, could I end up losing everything?
I have spoken to him and he is happy to come off the deeds and is awaiting the transfer deed from the solicitor, but they won't issue one until I've changed the mortgage.
This is where it gets a bit complicated. I have come into enough money to pay off the rest of the mortgage in a lump sum, but I don't want to do it while it's in both of our names, because I don't want to run the risk of him potentially getting half of that should he decide to contest the transfer deed. however, I do not earn enough to remortgage in just my name, on my earnings alone, and if I DID remortgage, I wouldn't be able to clear the debt without paying extra interest and mortgage arrangement fees and whatnot...
I really don't know what to do, because I could pay the mortgage off tomorrow in theory, but if I do it before it's in my sole name, could I end up losing everything?