Hi all just after a little advise
own two cars, both on finance in my name, however split with my partner and he has full use of one of the cars, pays the monthly payment etc but cannot take the finance over due to a bad credit rating.
However he wants me to change the logbook into his name, and also wants to insure it in purely his name. at the moment things are quite amicable but am I right to be worried and want to keep it in my name just in case he changes his mind about the payments in the future? still owe about 7grand and have about 3 years left of the argreement! would the finance company allow it to be insured and registered to someone else even though my name is on the finance?
Any help would be much appreciated!!!