Declaration of Trust - effect your borrowing at all?

[ayns]

Anyone got any experience of setting up a declaration of trust, or currently have this set up..with an understanding of how this effects your borrowing abilities?

 

want to set up declaration of trust in favour of my wife 99vs1%. Can we still have joint mortgage or not?

Thanks 

[raj_a]

Recently had a declaration of trust set up - as far as I'm aware it shouldn't effect your ability to borrow and you should still be able to have a joint mortgage. I'd suggest seeking legal advice though as a solicitor will certainly clarify the position prior to setting up the D of T.