Girlfriend wishes to contribute to my mortgage

Sounds like she has an agenda, no other reason why she would want to put 45k into it if she didn't want half of it or at least a significant safety net if things go belly up. While you say neither of you want children, if she does indeed have an agenda, then children are how to secure half the assets regardless.

She's basically living freely at the moment, why change it. What women say and do are almost never the same.
 
Participant said:
Do you know what her motivation is for doing this?
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She wants to invest in something meaningful together for the future.
I have always overpaid the mortgage hard, and she wants to join me on that commitment.
We both agree that the sooner this mortgage is gone (15y -> 5y), the sooner we are freer to stockpile cash to move into our forever home.

I have asked and she says no pics sorry.

It's a little difficult splitting the silly comments from the serious ones :p.

The £45k came through this week as inheritance. It is something we've discussed extensively over the last 6m.
 
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Roar87 said:
She wants to put £45k into the mortgage, which you'll buy her out of if you break up. What's the actual point?
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The intent is not to break up - It is purely a contingency plan so that if it does happen, neither of us get screwed. Both of us have some serious money here. That's the entire point of visiting a Solicitor up front.
The point is that we want to invest in a property together, as the debt free couple is the couple who wins long term.

Kenai said:
If it was your own money, would you just throw 45k into your mortgage rather than doing something else with it? (like buy a BTL place and become an OcUK style charity landlord, or a normal landlord who makes money)
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She considered a BTL but the way it is taxed isn't worth the hassle. Plus all the other potential nonsense like not being able to evict etc.
If it was my money I would definitely put it all into my mortgage. I overpaid £20k myself this year from some of my own inheritance on top of my regular overpayments.
tamzzy said:
is she going to break up with you if you said no?
if yes - you dodged a bullet
if no - well, why would you want her to have a share in your home then?
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She would not break up with me if I said no.
I want her to share my home because we see a future together.
Neither of us have any debt apart from the mortgage I have.

Nobody has answered the OP question, which was beyond a cohabitation agreement from a Solicitor to cover literally all of the aforementioned concerns people have raised, am I missing something.

sigma said:
Given house prices are falling she should look to invest it elsewhere.
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House prices are falling because of 6% rates. The monthly payments would be the same as pre-drop on a lower rate.
 
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I don't know both of you but if it were me. I would decline her offer and keep things as they are, but also tell her that, should this relationship work out and you guys get married, then she can then put the money towards the mortgage and bring the balance down. Tell her just keep saving and you keep paying the mortgage, and then pool her money together to go towards a new place together.
 
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Its your house so keep it that way. She can help in other ways.

You worked hard to build your own castle, dont let someone come in who can destroy it all because they touch your pee-pee the right way.
 
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