1. Adding someone to an existing mortgage 

To add someone onto an existing mortgage, you have to contact your mortgage lender. Your mortgage lender will then send you documents to complete and will check: 

• Affordability 
• Credit history  
• The identity of the person you wish to add to the mortgage 

You will also have to pay for the following: arrangement fees, legal fees and stamp duty fees.  

2. Remortgage and apply for a joint mortgage  

You can choose to remortgage and apply for a joint mortgage as long as you are not on a fixed-term with your mortgage lender. You should search for a new mortgage policy with your current lender or a new lender.  

3. Tenants in common and Joint Tenants  

Tenants in common is where you and your partner decide on the percentage each of you will own of the house. The percentage does not have to be split 50/50, but after one passes away, the deceased’s portion of the house will pass onto a next of kin (not necessarily you). 

Joint tenants is where you both have equal ownership of the house and if one passes away, that person’s shares will automatically pass onto you. 

The information in this post is valid to the best of our knowledge on the date of posting. It is advised that you seek independent advice based on your individual circumstances. 

T +44 (0)203 488 1488 

E: info@ladybirdliving.co.uk  

W: https://www.ladybirdliving.co.uk/