We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
buying a house for someone else
Comments
-
-
if i dont agree to this my partner will go ahead without me
And this is exactly why you should have nothing whatever to do with this harebrained scheme, however many rows and recriminations that may produce. People who get so blinkered that they cannot spot the dangers looming ahead deserve to come unstuck, and usually do. Why should her arrogance and stupidity land you up to your neck in manure a few years down the line?
Only a fool would commit themselves to years and years of paying out huge sums of money on the say-so of someone else without at least taking professional advice on the safety - of the entire family, I might add - or otherwise of jumping into deep water to grab what at first sight seems a lifeline.
Why do you refer to yourselves as partners when it is abundantly clear that your concerns, worries and completely justified reservations are simply being walked all over and ignored? Where's the equality in that, especially if you are going to be paying the lion's share of the costs with no protection of your rights whatever!
To be honest, it is the refusal to give your views any credence that would worry me more than any other aspect of this whole situation.0 -
Would the mortgage co allow you to have the mortgage with the sister as guarantor?0
-
common sense has prevailed,after a long heated exchange with my partner she came round to my way of thinking and isn't going to proceed with her sister for the house,her sister's heart was in the right place but wouldn't of been fair to anyone had they gone ahead with it,as for her sister being the guarantor that is a possibility if we need to go that route,we have just cleared my partners debts and now going to focus on mine which isn't that much and then see if we can get a mortage together and have a guarantor if we need one,we will just have to be patient in our quest to move out of our hell hole,thanks to everyone for the advice it was very much appreciated.0
-
Well done knoxy, this is by far the best course of action, if you want to get out of where you are just rent a new place. I wish you all the best.Aug 24 - Mortgage Balance £242,040.19
Credit Card - £8,141.63 + £4,209.83
Goals: Mortgage Free by 2035, Give up full time work once Mortgage Free, Ensure I have a pension income of £20k per year from 20350
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards