Hi,
Thanks for reading!
1. The mortgages are with birmingham midshire (the one she lives in) and J.P. Morgan (The one which is rented out). As far as i know Birmingham midshire do not offer residential mortgages.
2. There is about 20 years left on them both
3. He had no life insurance - a typical i am 30 and nothing bad will happen but it did.
4. Yes, they were both taken out as buy-to-let interest only mortgages. Obviously they shouldn't have been living in the house with that type of mortgage.
5. His wife could quite easily afford a repayment mortgage but has no income history for the last 18 months because of having the baby. I think there would only be about £50k mortgage required (roughly 30% value of the house) but i can't see a bank wanting to lend to somebody with no income history.