Applying for a mortgage with negative equity

Questioner

I bought a house with my ex-partner in January 2012. We were married in community of property. At the court, we reached an agreement Gelmen to keep the value of the house at the purchase price. This was 155,000. I am in the process of taking over the house myself and I can afford it with my income. Now I have had a mandatory valuation carried out and there is a negative equity of 6,000. Can the bank now refuse to give me the mortgage because there is a negative equity?

Lawyer

That totally depends on the standards used by the bank and your income and your creditworthiness. The bank will go over that and decide whether you can be enabled to get a new mortgage.