Lisa Boulton – Mortgage and Protection Adviser

I helped a client recently who was going through a difficult separation from her husband. She wanted to stay in the marital home with their 2 children but didn’t really know where to start because her husband used to deal with all the finances. 

Her existing lender had also told her that she did not meet their lending criteria to take on the mortgage on her own. She thought that she would be forced to sell the family home that she so desperately wanted to keep as well as having to uproot the kids to another school, further away from their family and friends to release her ex-husband from the property. 

After one meeting with me, and research within the wider market, I was able to put her mind at rest because I was able to show her that several lenders, with whom she did meet their affordability criteria, could help her. She has since completed the mortgage application with my help, releasing her ex from the mortgage and is now the sole, proud owner of the home she has loved for over 18 years!

Releasing equity from your home or buying an ex-spouse’s share of the home needn’t be stressful. Give our mortgage advisers a call to discuss your options. 01270 250800 or mortgages@alextragroup.co.uk 

A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.