01 · Key points
What matters for this topic
Check ownership shares and loan liability
Calculate affordability for a takeover
Obtain the bank’s consent
Clarify valuation and settlement
02 · Be prepared
Points you should not underestimate
- Confusing moving out with release from liability
- A private agreement without bank approval
- Pressure to sell quickly
03 · Documents
Commonly required documents
The documents actually needed depend on the lender, your plans and personal circumstances. The following are often useful for preparation:
04 · Practical example
What an assessment might look like
One partner can take over alone only if the bank accepts their affordability and effectively releases the other person from liability.
This example is illustrative only and is not a mortgage commitment or quotation of terms.05 · Frequently asked questions
Questions about Property after separation
Am I released from the loan when I move out?+
No. The contractual obligation remains unless the bank expressly releases you from liability.
Can one person take over the loan?+
It may be possible once bank approval, ownership transfer and financial settlement are resolved.
Important information
The information on this page is general. It does not replace individual mortgage, legal or tax advice and is not a binding credit commitment. Requirements and terms are assessed individually.