How does stuff like that play out in the result of a marriage that produced children but then ended? e.g. man owns 66% of the house who ends the marriage and wants his money out.
Buying a house with girlfriend ?
- Thread starter baz178
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How does stuff like that play out in the result of a marriage that produced children but then ended? e.g. man owns 66% of the house who ends the marriage and wants his money out.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
How can you not know? Surely you discuss things with each other and don't hide things - it's both of your business how you spend your money if you intend to bind yourselves together financially with a property
Man is ****ed.
Our Lord Kanye West: Chapter Gold Digger, Verse 53
This is what we've done with our mortgage, I put in the bulk of the deposit as I had a lot of equity in my current house. We pay the mortgage equally but we are down as tennants in common in my favour.
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Why dont you just ask her. She knows the answer better than us.
If you need to ask us....then maybe re-evaluating the relationship itself would be of more use than to buy a house .
If you need to ask us....then maybe re-evaluating the relationship itself would be of more use than to buy a house .
You can write an agreement to protect the deposit and still buy as joint tenants - when you sell you will get the deposit back before splitting the rest of the value of the house. I got my partner to sign it as I contributed more to the deposit and she was cool with it.
Regarding ongoing contributions, I split it based on income percentage into a joint account as otherwise if one earns less then they will be stuck in the house all the time!
Regarding ongoing contributions, I split it based on income percentage into a joint account as otherwise if one earns less then they will be stuck in the house all the time!
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This, infact OP im amazed you even have to ask, you trolling ? or is this real? please tell me you have come to your senses?
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She's looking for a safe nest in which to raise someone else's young. But then I'm just a hugely cynical **** anyway.
My (now) wife and I got a deed of trust drawn up by the solicitors handling the house purchase. I think it cost around £300.
Our trust deed simply said percentage of money in (deposit + mortgage payments to date) equals percentage of money out when the property is sold.
Obviously now that we're married, it's no longer valid.
Our trust deed simply said percentage of money in (deposit + mortgage payments to date) equals percentage of money out when the property is sold.
Obviously now that we're married, it's no longer valid.
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If you own 1/5th outright, you get 20% back, the remainder split 50/50 no?
So in your example you would get 20k back, the other 2k would be split 50/50.
If I was buying with someone with no deposit, that is what I would do I think.
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Lodger money is tax free income upto a quite generous limit which would cover the mortgage so it's fairly simple to do. As far as bills, each person takes different ones hopefully so its equal though council tax and water are by far the biggest usually
^^^^This works.
Its just money?
If you love her then whats the odds?
Money is easy to find and make, true love aint.
Money is not everything, I can assure you.
It is possible to arrange it that way, but as it was described the portion that was owned outright was not protected. dowie is correct.
To do so effectively you need to agree differing proportions of ownership of the property and responsibility for the debt. For example, a person may own 40% of the property but agree to be responsible for a different amount of the mortgage repayment (not that the mortgage company will give two hoots about that if it defaults).