I have been separated from my wife for nearly 2 years. I own two houses in my name alone, my wife moved out of our marital home into the house I used to rent out. For the last two years I have been paying both mortgages. This has crippled any savings I had and in the long term is not viable. But when I speak to the bank about removing my name from the house and putting her name on it they will not allow because she does not earn enough money. I am completely OK for wife to have the house and I pay to help with the mortgage and money for my son. Any help would be appreciated because I can''t seem to see a way out? The plan is to divorcee amicably!
Possibly the easiest way forward would be to remortgage,( different lender!) putting your wife on m/g this time, so that she will also be on Deeds. Might make it easier to divide the assets and let her take m/g on her own, further down the line. Just an idea. I am sure some far more knowledgable Wikis will be along to help later.