UK Property Law
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No, if the house is subject to a mortgage then there will be a charge registered against the title to the property. This would prevent any transfer without the lender's consent. If she cannot afford to be the sole name on the mortgage then they will not consent to the transfer.
In the event of the company going in to liquidation then unless the house (or a charge on the house) is an asset of the company and you incur personal liability through your role as director (which is pretty uncommon) then the house is not at risk.
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Unfortunately, in that case there're is not much you can do. Were you table to attempt to siphon off the asset (the house) then insolvency legislation would mean that that the transaction could be set aside anyway.
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