Telling new partner about debt

Susan_Frost

Not too sure what you regard as debt.

If you have bought out your ex for property, then you own that amount of property.

If instead of calling it debt, you called it mortgage, or house purchase bank loan, would that put it in a different light?

To me, it is just terminology. It may be "debt" as in a loan to buy something, but if that something is of value (house prices will rise over time if that is what it is) then maybe it is investment.

Depends how you look at it.

But whatever - if you are getting serious then, when talking money, he needs to know that this "debt" "mortgage" "investment" is around for a couple more years.

Well done for getting halfway towards paying it off.