We are breaking up

Separating is hard enough, especially if you own a home together. We understand that this is an emotional and complicated time.

At Crefin & Partners, we are happy to help you arrange the mortgage in a fair and clear manner, so that you can both move forward. As mortgage advisors, we offer calm, personal guidance in arranging the mortgage during your divorce. Make an appointment for a free, no-obligation consultation. We will help you step by step with sound and respectful guidance.

Options for your home and mortgage in the event of a divorce
If you separate, there are three common options regarding the house and the mortgage:

Taking over the mortgage
One of you continues to live in the house and takes over the mortgage. The other partner is bought out if there is equity.

Selling the house
You sell the house together, pay off the mortgage with the proceeds of the sale, and divide the equity (or any remaining debt) fairly.

Leaving the house undivided
You remain joint owners of the house for the time being, for example in the best interests of the children. Clear agreements are essential in this regard to prevent future problems.

Our mortgage advisor helps you make the best choice that suits your situation, wishes, and possibilities.

Separating with an owned home: a step-by-step plan

We make separating regarding your jointly owned home as easy as possible. This is the step-by-step plan:

Consider hiring a mediator to make agreements regarding the house, alimony, and more. Our Mortgage Advisor would be happy to review your financial situation in relation to the house and the mortgage.
Once you have made agreements about what to do with the house (sell, take over, or leave undivided), have these recorded in a covenant or settlement agreement.

We investigate for you whether the agreements made are feasible. Can one partner bear the mortgage? Or what is the equity or remaining debt after the sale? We consult with the bank to see if they also agree to your arrangements.
Are you opting for a mortgage takeover or a new mortgage because you are buying your own home? You provide the documents, we handle the application.
In the event of a divorce, the divorce is registered. We then adjust the mortgage or (if desired) arrange a new mortgage for each of you. In the case of a relationship breakdown between cohabiting partners who are not married or in a registered partnership, this can be done immediately.

How much does mortgage advice cost during a divorce?
Depending on your situation, you will pay advisory fees, and possibly notary fees or valuation costs. At Crefin & Partners, you pay a fixed, transparent price for our advice, without surprises. These advisory fees are tax deductible. View our rates page for more information.

Separating with an owned home: frequently asked questions

A residual debt must be repaid to the bank. Our Mortgage Advisor will help you arrange this if applicable.

In the event of a divorce (if you are married or in a registered partnership), you are entitled to a share of each other's pension, in accordance with the Pension Equalization Act. This does not apply to cohabiting partners who are not married or in a registered partnership. Crefin & Partners would be happy to explain this to you in a personal consultation.

With us, the first consultation is always free and without obligation. For our complete advice and mediation, you pay a fixed price, which you can find on our rates page. Transparent and without surprises!

Yes, the costs for our mortgage advice are tax-deductible via income tax. That saves you money!

This depends on your form of cohabitation. A mediator usually helps you make good agreements, and our Mortgage Advisor ensures financial clarity regarding the joint mortgage and home.
Unfortunately, that is not possible. You have 3 options:

Take over mortgage
One ​​partner stays in the house and takes over the mortgage. The other is bought out if there is equity. Can't you agree on who takes over the house and the mortgage? Then engage a mediator. They can help you make a decision.

Sell house
Can't you reach an agreement even with a mediator? Then you sell the house, pay off the mortgage with the proceeds, and divide the equity (or remaining debt).

Leaving the house undivided
Some ex-partners choose to remain joint owners of the house. However, a good relationship and clear agreements are crucial to prevent trouble between you in the future.