Buying a house with girlfriend ?

[easyrider]

What's it got to do with feminism?

Women wanting to stand on their own two feet.. Equality etc...

But still will stoop low enough to fleece men on a regular basis and basically steal because they can.

What right does she have to 50%?

If she had any self respect she would just walk away and split up with what is fair, not what she can fleece.

 

[neil_g]

Women wanting to stand on their own two feet.. Equality etc...

But still will stoop low enough to fleece men on a regular basis and basically steal because they can.

What right does she have to 50%?

If she had any self respect she would just walk away and split up with what is fair, not what she can fleece.

if i read it correctly its down to whether they can prove they contributed to the household.

nothing about feminism.

 

[easyrider]

if i read it correctly its down to whether they can prove they contributed to the household.

nothing about feminism.

You mean Like Heather Mills McCartney?

 

[Haggisman]

My best friend recently split with his GF and they bought a house together about 2 years ago.

She put in 5% of the deposit and he paid the rest.

When it came to the house, she ended getting 50% and walked away with £60,000 of his money and he was left with a bigger mortgage which means higher monthly payments too.

Moral of the story, make sure you seek proper legal advice on this as you need to ensure she ends up with her fair share if you were to split.

Fixed

 

[dowie]

Moral of the story, make sure you seek proper legal advice on this as you need to ensure she ends up with her fair share if you were to split.

Fixed

even then I'd be careful - some of the people on here who've had legal advice appear to have gotten some rather naff agreements it seems

 

[neil_g]

You mean Like Heather Mills McCartney?

what even?

 

[Tunney]

Yep.

Feminism right there...

This is almost literally the opposite of feminism.

Sounds like Casdawer got bad legal advice when the split happened. Unless there was an agreement that they'd divide the property 50:50 when they separated, she shouldn't have walked away with that much.

 

[antijoke]

To the OP, why ask here? You are the only person that knows the nuts and bolts of your relationship, not everything is so black and white as people make out here, and whilst they can offer a point of view, they are not you in your relationship.

Do what you feel right, if it feels right buying a place with you putting in the deposit and her paying whatever off of the mortgage a month then so be it.

But whatever you do, talk to your GF about your concerns about how she hasn't saved anything up.

This is almost literally the opposite of feminism.

Sounds like Casdawer got bad legal advice when the split happened. Unless there was an agreement that they'd divide the property 50:50 when they separated, she shouldn't have walked away with that much.

Why? Cause when she leave your ass she gonna leave with half

 

[fez]

Why? Cause when she leave your ass she gonna leave with half

Kanyes legal tips right there

 

[NooBish AbbZ]

Alarm bells everywhere, why cant she save if shes roughly making the same money as you? what on earth is she spending it on? shoes?
Pay 100% for it yourself, have it 100% in your name. Take her on as tenant. If she says no, tell her to save up and give you 50% of the money needed, then 50/50 it.
You need to protect yourself OP, don't let "love" get in the way of protecting yourself.

Nailed it. Look after number one

 

[Locky]

90% of women will look to fleece you for all you own when you split and that's a fact. It's programed into their DNA.

 

[tintin82]

Proportionate billing. Worked for use well over the years.

I earn considerable more than the Mrs, so pay more of the bills. We add up all the bills, divided by our combined wage, then multiplied by separate wages.
Divi up the bills to roughly match the result.

Means we both have responsibility that is an equal burden in relation to our earnings.

When my girlfriend (now wife) moved in with me I already had my own place. We moved house together but she did not go on the deeds as she did not contribute to the deposit. I actually charged her rent based upon her earnings. Some might think that sucks, I think it instills a bit of financial responsibility.

 

[Housey]

That was my thought, but she's absolutely rubbish at saving up.

I'd get that bit fixed before you look to build a home together.

 

[Tefal]

There are agreements you can draw up regarding split equity and future values if you're concerned.

are they binding though? like prenups arent worth the paper theyre written on in the uk

 

[dowie]

Proportionate billing. Worked for use well over the years.

I earn considerable more than the Mrs, so pay more of the bills. We add up all the bills, divided by our combined wage, then multiplied by separate wages.
Divi up the bills to roughly match the result.

Means we both have responsibility that is an equal burden in relation to our earnings.

When my girlfriend (now wife) moved in with me I already had my own place. We moved house together but she did not go on the deeds as she did not contribute to the deposit. I actually charged her rent based upon her earnings. Some might think that sucks, I think it instills a bit of financial responsibility.

you need to get an agreement drawn up if you're charging rent too - if she's contributed to the property then despite it being in your name she could have had a claim if it all goes wrong

I like your earlier idea of essentially putting a equal portion of each others incomes towards bills rather than an equal amount.

 

[dowie]

are they binding though? like prenups arent worth the paper theyre written on in the uk

he's not talking about a pre nup - he's talking about entering into an agreement re: who owns what % of the property the OP and his girlfriend are due to purchae


as for pre nups they can be taken into account AFAIK

http://www.theguardian.com/money/2010/oct/20/prenuptial-agreement-enforced-uk-law

tis surely better to have one than to not have one - ideally if something does go wrong in a marriage you have an amicable split as per the pre nup, if it does turn nasty then maybe it can help

 

[Ekim]

Proportionate billing. Worked for use well over the years.

I earn considerable more than the Mrs, so pay more of the bills. We add up all the bills, divided by our combined wage, then multiplied by separate wages.
Divi up the bills to roughly match the result.

Means we both have responsibility that is an equal burden in relation to our earnings.

When my girlfriend (now wife) moved in with me I already had my own place. We moved house together but she did not go on the deeds as she did not contribute to the deposit. I actually charged her rent based upon her earnings. Some might think that sucks, I think it instills a bit of financial responsibility.

This is exactly what we do. Wife always used to be bothered that I would pay for more stuff than her. I did the maths and worked out the ratio between our wages and I now pay for 60% of all of our joint spending and she covers the other 40%. We budget all of our money each month so we know exactly how much we have to spend on stuff though.

 

[FirebarUK]

That is a very naive and unrealistic mentality, bordering on the kind of idealistic views I had when I was in my teens. By making a pre-nup or similar you are not setting up to fail, you are just taking sensible precautions in case the worst happens. Marriage isn't an episode of My Little Pony, it's a löegally binding commitment where if the worst happens your life can be destroyed. There are enough stats and experiences with broken marriages for the last few decades to be able to know that there IS a chance you will get divorced, and only a fool would not take that into account when getting married.



Sadly, the finer points of this kind of psychology are lost on most people... they only see sense when it's too late!

My, you are a grumpy one! Are you married?

 

[Mucky_Pup]

And she was listed as only having 5% ownership and still walked away with 50%?

Way I interpreted it as; she put in 5% of the deposit, and he put in 95%, they got a joint mortgage as joint tenants.

If they'd got the mortgage as tenants in common instead and had a deed of trust to show the deposit contributions, assuming the house had enough equity, the guy would have walked away with possibly the majority of his deposit back, then any remaining equity would be divided up.

 

[MatsyLR]

See what I mean, though? OK fair enough, the OP may not have been with this girl that long. I was with my girlfriend for 6 years before we moved in together. However, does no one trust anyone?!?!

Why would you trust another human with something worth so much? when they are not contributing the same amount as you?
You really going to let love and trust blind you?
Plenty of cases where a couple bought a house, one of them put hardly anything towards deposit etc and then leaves with 50% and you cant do anything about it if you dont protect yourself.

OP should pay for it himself 100% in his name, have his GF as a tenant, paying separately for living there to the OP as rent, which then uses that to pay for the mortgage, food etc. Means the GF has no rights to the house if things go downhill as she isn't directly paying for the house and nothing is in her name.
They can easily change things later down the down line if he wants, but the main thing is to protect your own ass.