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What is a divorce mortgage?
It’s a sad fact that around 40% of marriages end in divorce. Working out how repayments will be kept up and how to refinance is an important consideration. Many married couples co-own their property. If one partner wants to move house, their share of the property can be bought from the other partner who wants to stay in the home. Divorce mortgage specialists help you work out how much this percentage is worth and how to proceed with the least amount of hassle. This type of deal also helps you to factor in other legal details and help avoid missed payments or financial problems.
Specialist divorce mortgage rates and deals
Many UK lenders have become much more aware of the financial pressures that a divorce can trigger. They will now take into consideration a number of issues when arranging a mortgage, including divorce settlements, maintenance payments, tax credits and non-traditional income. There are also deals tailor-made for women divorcees, who often are on a lower income than their partners.
Find low divorce mortgage rates
Our team of friendly, skilled consultants are waiting for your call on 0845 603 1525. We are happy to offer and information or assistance you may require and help you find the lowest divorce and mortgage rates.
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