Getting married: I own the house, where do I stand

Spendless

Hi Lamby

My hubby moved into a house that was in my name bought before we met. Within 9 months of marriage we had our eldest and I became a SAHM. Please bear in mind that as time (and doesn't have to be a long period of time as per my experience) goes on your circumstances may change. Just something you may wish to think about.

Good luck with your wedding
xx

Dora_the_Explorer_5

Hi - congratulations on the wedding. Married couples can be tenants in common an it's a sensible thing to do. Pre nuptial agreements have no legal standing in UK courts and on the one hand they may be taken into consideration at divorce time, on the other hand one of the partners could say at divorce time they were coerced into agreeing to a pre nup. The key to everything is open communication at all times, once that goes problems start but if it's there from the start things will only get better. Have a wonderful day.

exil

Ask yourself this question.

If you and your hubby get into financial trouble (not making any assumptions about blame), would you (a) sell the house to keep the baillifs away (b) keep the house and walk away from the marriage?

If (b) - then I don't hold out much hope for the marriage.

Bear in mind that in most marriages the husband owns more assets at the start than does the wife. In a divorce the assets are split 50-50. Any pre-agreement to do otherwise wouldn't stand up IMO.

Me and my OH own most assets jointly. We are not fools, we know that there is a chance things could go pear-shaped. However we have been married so long that it wouldn't be possible to say - the house/car/bank accounts are "mine" or "yours".
So we're happy to split down the middle should the need arise.

Guinea_2

I am not married but...my boyfriend and I have recently moved in together and bought a house. As he paid for just the legal fees etc and I put down a hefty deposit we both thought it was best to protect both our interests. Anyway, the solicitor advised an agreement of trust which basically says that if anything happens and we have to sell the house then I get my money that I've put in before any of the equity is spread out. Does that help at all?