I bought a flat with my GF of two years a while ago and she put in considerably more of the deposit than I have but we just changed the percentage of ownership to reflect that. We both contribute 50% of the mortgage and 50% of the bills etc so its not really a big deal.
Money is a tricky subject for people as those that have it tend to believe that they have earned it more than those who don't have it when its quite often not that simple.
My girlfriend doesn't consider the fact that her parents effectively bought her a house at university as being "given" a house because she pays the mortgage on it. They paid the deposit on it and she has to pay the mortgage until it is paid off. To her that is entirely hers that she has paid for whereas to me, that is something that has simply been given to her. She rents it out which more than covers the mortgage and leaves a bit left over every month which is put aside for repairs.
She has also lived at home for a much larger percentage of the time after University than I have so her savings are much greater.
All this being said, without her input we simply couldn't have afforded a decent mortgage on anything other than a complete hole in the area we were looking at. I wouldn't expect her to give me 50% ownership if I haven't put in 50% of the money for the flat regardless of the means she came by the money.
Life isn't fair but buying a house doesn't have to be unfair if the parties are sensible with the way they do it. As long as you aren't ******* as well then if it all goes wrong you can probably just rent it and keep it as a joint asset or simply sell it.
Money is a tricky subject for people as those that have it tend to believe that they have earned it more than those who don't have it when its quite often not that simple.
My girlfriend doesn't consider the fact that her parents effectively bought her a house at university as being "given" a house because she pays the mortgage on it. They paid the deposit on it and she has to pay the mortgage until it is paid off. To her that is entirely hers that she has paid for whereas to me, that is something that has simply been given to her. She rents it out which more than covers the mortgage and leaves a bit left over every month which is put aside for repairs.
She has also lived at home for a much larger percentage of the time after University than I have so her savings are much greater.
All this being said, without her input we simply couldn't have afforded a decent mortgage on anything other than a complete hole in the area we were looking at. I wouldn't expect her to give me 50% ownership if I haven't put in 50% of the money for the flat regardless of the means she came by the money.
Life isn't fair but buying a house doesn't have to be unfair if the parties are sensible with the way they do it. As long as you aren't ******* as well then if it all goes wrong you can probably just rent it and keep it as a joint asset or simply sell it.
