Guest The Outlaw Posted December 12, 2007 Report Share Posted December 12, 2007 We are in the process of re-mortgaging and have done all the paperwork and have had our offer letter. But what I find totally out of order is the Solicitors acting for the lender have written to my daughters aged 11 and 6 for thier consent for us to re motrgage our home because they live here as well. They have sent them legal documents and have advised them to speak to independant legal advisors from ours. If they choose not to give permission we will be refused our mortgage. I DON'T *****Y BELIEVE IT!!! Tony Quote Link to comment Share on other sites More sharing options...
Oly Posted December 12, 2007 Report Share Posted December 12, 2007 Going to be a good Christmas for them this year then!! Quote Link to comment Share on other sites More sharing options...
BSA Shaun Posted December 12, 2007 Report Share Posted December 12, 2007 Ever regretted telling them that santa doesn't exist? Quote Link to comment Share on other sites More sharing options...
al4x Posted December 12, 2007 Report Share Posted December 12, 2007 We are in the process of re-mortgaging and have done all the paperwork and have had our offer letter. But what I find totally out of order is the Solicitors acting for the lender have written to my daughters aged 11 and 6 for thier consent for us to re motrgage our home because they live here as well. They have sent them legal documents and have advised them to speak to independant legal advisors from ours. If they choose not to give permission we will be refused our mortgage. I DON'T *****Y BELIEVE IT!!! Tony thats weird I'm just doing the same and it does ask for anyone over 18 living at the premesis to relinquish any claim over the house to the bank but thats about it. I'm sure its just a formality tell them to sign and shut up Quote Link to comment Share on other sites More sharing options...
Bradders Posted December 12, 2007 Report Share Posted December 12, 2007 Dish the dirt. Who is your lender....... Quote Link to comment Share on other sites More sharing options...
Guest The Outlaw Posted December 12, 2007 Report Share Posted December 12, 2007 Halifax, not dirt just a great rate. Admin over sight so they say. Knowing my girls they would freak out thinking we are moving Tony Quote Link to comment Share on other sites More sharing options...
Keith Posted December 12, 2007 Report Share Posted December 12, 2007 Last year I had to get my 19 year old to sign a waiver when we re-mortgaged, but under-16s do not have the same status in law. There must be some kind of mistake. At most get them to sign a waiver with an independent witness and I'm sure you're covered. Quote Link to comment Share on other sites More sharing options...
Cranfield Posted December 12, 2007 Report Share Posted December 12, 2007 It is over 18 and you have to get their permission to sell it as well. Quote Link to comment Share on other sites More sharing options...
Axe Posted December 12, 2007 Report Share Posted December 12, 2007 Whats happened to this country? Whats happened to common sense? When is it going to stop? Quote Link to comment Share on other sites More sharing options...
tulkyuk Posted December 12, 2007 Report Share Posted December 12, 2007 When is it going to stop? I fear it never will - to much PC **** going on these days Quote Link to comment Share on other sites More sharing options...
pin Posted December 12, 2007 Report Share Posted December 12, 2007 The Halifax are a bunch of half-wits, I have share dealing accounts, a current account and a mortgage with them and am constantly battling ineptitude and incompetence from their side. If it were not for the cheap dealing on shares and the stupidly low mortgage I would have done away with them ages ago.. Quote Link to comment Share on other sites More sharing options...
Ballymac Posted December 13, 2007 Report Share Posted December 13, 2007 Calm calm, peace and good will to all ... It was a mistake made by halifax, anyone over the age of 17 has to sign a Consent to Mortgage form.This has no effect on the sale of a property, it is a legal requirement of your lender, so that if they need to re possess your property they can throw the kids out as well like i said peace and good will and all that ... P.S. I deal in these things as part of my work, just look at the good deal you have got. Quote Link to comment Share on other sites More sharing options...
al4x Posted December 13, 2007 Report Share Posted December 13, 2007 Ballymac is right, and it is just a legal formality. Just so the bank has first rights over the house before any other occupier who isn't named on the deeds. Just re-read mine yet again and its exactly the same any occupier over 17 needs to complete it if they aren't mentioned on the deeds / Mortgage Quote Link to comment Share on other sites More sharing options...
Guest The Outlaw Posted December 13, 2007 Report Share Posted December 13, 2007 I agree it was an oversite that was sent out to both of my girls seperately. The eldest one said if she had opened it without us being there she would have panicked. To many computers these days taking over everything. My youngest would have drawn all over her letter. Tony Quote Link to comment Share on other sites More sharing options...
Floating Chamber Posted December 13, 2007 Report Share Posted December 13, 2007 I have had NOTHING to do with Halifax since 1969. I went as a newly wed and newly qualified teacher to seek advice about a mortgage. The manager looked at my salary details then actually flung the documents across the table and said with a snigger, 'Can't help you, I'm afraid.' I was devastated. Later in the week, Abbey National (as it was called then) asked me to get a letter of support from my employer and apply. I did. No problem. When I told my father about the Halifax episode, he just said he was disappointed with the outcome. A week later, four key members of the family, each with healthy Halifax accounts, switched to Abbey, stating, in letters, their disgust at what had happened. It came about that it was the best move they made. Quote Link to comment Share on other sites More sharing options...
Dr W Posted December 13, 2007 Report Share Posted December 13, 2007 Surely if you've got an 18 / 19 year old living at home you would simply say sign the form or find a new place to live or is that too harsh. Quote Link to comment Share on other sites More sharing options...
al4x Posted December 13, 2007 Report Share Posted December 13, 2007 I think its aimed more at any common law partner issues where someone else could try and claim a stake on the house. The bank wants first stake over money leant Quote Link to comment Share on other sites More sharing options...
bobt Posted December 13, 2007 Report Share Posted December 13, 2007 I had a similar thing, as my parents live in a granny flat on the end of the house, they had to sign to say they had no right of tenancy. basically its so if I default they cant claim any rights to live here. Quote Link to comment Share on other sites More sharing options...
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