Boyfriend moving in how do I protect my home?

burnoutbabe

why not rent out your house and rent somewhere jointly together.

That way, your rental income covers your mortgage and thats nothing to do with him.

And you go 50/50 on the new place, so its "yours" together.

would probably be what i would do. Other option is that he gets a free ride at your place, as you can't charge rent/part of the mortgage for fear of losing a share of your house. So he saves lots of money and you get no benefit from sharing apart from his company, which doesn't seem equal.

Gangstabird

Speak to your mortgage company and they will provide you with a form that he needs to fill in which basically says he has no claims on the property. After 2 years of living together it becomes slightly different if he is transferring money into a joint/your account and it's classed as a beneficial interest.

But I am sure that within 2 years you will find out that he is a t0sser or not. NOT hopefully, but I am impressed that you have taken the time to find out where you stand. You go sister!!!!

Pssst

I can understand catmiaows concerns.
she has probably been bitten once in the past and doesn't care to repeat it.

having said that,what security would this guy have?

Is he giving up his own home to move in ? Whats his current status?
As things are,he could be just booted out on a whim.

Where would he go? his mates settee,the Sally army hostel,a park bench?

Come to think of it,if any person is simply living in someone elses house at their pleasure then they need to think carefully.
i mean,if you happen to be 40 something,you get ejected and then what? Do you want to start a big fat mortgage at 40 or older?

Mojisola

Pssst wrote: »

having said that,what security would this guy have?

Is he giving up his own home to move in ? Whats his current status?
As things are,he could be just booted out on a whim.

Wouldn't being a lodger and having a rent book give him more protection than simply moving in?

Errata

Presumably the OP's boyfriend is a grown up adult who is perfectly capable of looking after himself if things go wrong and easily rent something or go back to mum's.

Oldernotwiser

Pssst wrote: »

I can understand catmiaows concerns.
she has probably been bitten once in the past and doesn't care to repeat it.

having said that,what security would this guy have?

Is he giving up his own home to move in ? Whats his current status?
As things are,he could be just booted out on a whim.

Where would he go? his mates settee,the Sally army hostel,a park bench?

Come to think of it,if any person is simply living in someone elses house at their pleasure then they need to think carefully.
i mean,if you happen to be 40 something,you get ejected and then what? Do you want to start a big fat mortgage at 40 or older?

Presumably , if he's concerned, he can post his query on here and be given advice about his own position.

Pssst

Quite true Olderbut notwiser. That would be a very interesting scenario.
Perhaps the OP would be kind enough to voice her concerns to him,point him to the debate and let us be the arbiters. That would relieve her of any anxieties she might be having!

I do feel there are one or two embittered women on here !

Perhaps HE should have a rent book and be a legal lodger/tenant/whatever? Would the OP be ok with that or would he have too many rights then?

Oldernotwiser

Pssst wrote: »

I do feel there are one or two embittered women on here !

I think that there's a difference between being embittered and learning from one's mistakes.

Pssst

Errata wrote: »

Presumably the OP's boyfriend is a grown up adult who is perfectly capable of looking after himself if things go wrong and easily rent something or go back to mum's.

Indeed,but isnt he entitled to have some kind of longer term security as well as the OP? seems like she wants the best of both worlds. Her own feelings of security and a disposable boyfriend who will either have to shape up or ship out.

Mind you,its his call...

Gangstabird

A friend of mine got married but owned her own home, the marraige broke up 3 years later and as they had moved abroad where divorce is more 50/50, he got half of a house that she had worked several jobs to buy. I don't think that is fair to be honest as when they were together he only paid half the bills for 3 years.