This is what I would like to do if possible. Refinance my existing home loan and keep it in joint names. Have one or more accounts attached to this loan to offset the interest payments. One account in my name only and it cannot be accessed by my ex. If at all possible another account in her name which I cannot access.
The idea is to pay off the loan as quickly as humanly possible. It’s not huge. After the loan is paid off then the deed is transferred to her name only. So basically I pay off the house and she gets it.
The other option is for the loan to be in my name only and there be only oner offset account, also in my name only. However for her own peace of mind the deed will need to remain in joint names until the loan is paid off. Then the deed will be transferred to her name only.
Any help or advise you can offer will be greatly appreciated. I have an appointment to see a financial advisor / solicitor, but it’s not for almost a month.
This is all to be with the cooperation of my ex. Obviously it is in her best interest to cooperate as she get’s to be asset rich and debt free at the end of this. ie She gets the house, contents and car and I pay off ALL the debt. I come out of it with clothes and personal belongings. Just need to find a way to do it that the banks will allow.
Are you thinking about selling your home yourself? then
You can’t do anything without the other persons signature, if you do the spouse can take action against your.