A very sad - but common - discussion with clients is what to do in case of relationship breakdown where there are joint finances. Some of the main questions are:
➖ Is the separation amicable?
➖ Can the loan continue as is (if in both names)?
➖ What if the parties enter into new relationships?
➖ Whose responsibility is it to continue to pay the loan?
➖ Who will live in the property?
➖ What happens if the loan repayments cease?
➖ If there are children, where will they be living?
➖ What are the ongoing income sources?
➖ What if one wants to sell their property share to the other?
Emotions are often running high in these situations, and we're here with calm, caring and compassionate ears ready to listen and lay out financie options.
Legalities are discussed with our amazing Family Law trusted partners.
With a 20 minute discovery, we can often provide lending options.
Truly Finance's advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we relentlessly strive to be the best mortgage brokers!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
Andrew O'Brien. Senior Mortgage Broker ☎️ 0451 308 292
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
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Credit Representative Numbers 521733, 550284, 550765 & 547037 are authorised under Australian Credit Licence 389328
