Hi, I've owned my house for a year now and all I have is buildings and contents insurance. My fiance lives with me & the only reason he is not on my mortgage is because he has bad debt from being in the army - he is currently in a Scottish trust-deed & is repaying his debt - this is being set up for 3 years & he's been paying it now for about 5 months.

Firstly, I'm not sure what the best insurance is to take? I'm not wanting anything to happen to me & he's left with nothing due to the fact he's not on the mortgage. Is there something I can set up for him?

Secondly, I need to remortgage July next year & am I best keeping him off the mortgage or will anyone look at him as he's repaying his debt? I don't want to go on a higher interest rate. I'm getting married October next year & although I've not got any accounts or linked debt with him & I'm worried when I take on his name I'm going to be affected by his debt. Should I take a 5year fixed rate in my name? & then when I change my name tell the lender but say I'm not including him on the mortgage. Will they want to know why he's not on it? If I tell them will this affect me?

I bought my house for £80,000 from my friend - it's worth £85,000-£90,000. I'm on £16,308 per year & my mortgage was for £68,000 originally. I'm due a bonus of £1,000 in June next year, then my pay will go up in July by about a further £1,000. My partner earns more than me.

I know this is the insurance section, so will understand if you can only answer the insurance part - I will also post this on the mortgage section.

Thanks for any help. I'm a mortgage underwriter my self - but don't know all the answers. I know I could get a mortgage, just don't know about my fiance.

This depends on whether you see your future with your fiancee and whether you need him added to your mortgage for financial reasons - the insurance shoud be sorted out simply by informing your insurers that you are living together as a couple (common law ??)

As for the mortgage - This is all down to whether you love him/trust him & need him on the deeds etc

Bear in mind that although the property may be valued at £85-90k - you may not be able to sell it for more than £75-80k (or even less) at the moment and that is IF you can find a buyer

As a mortgage underwriter I'm very surprised at the questions, to be frank! You should know that lenders rarely consider future earnings unless you are in a profession such as law, medicine etc. Therefore its based on your past earnings only. Each lender assesses cases on their own merit: Bristol & West would probably take your husband's credit problems into account as you're financially linked to him whilst C&G may not. See an independent mortgage adviser to discuss your options.

Brian