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

Dividing the proceeds of a sale

Tirian · 2012-03-15 16:58:00

So, basically a mathematical / fairness question here. When my partner bought her first flat for 155k, she received assistance from her parents by way of a contribution to the deposit. She paid in 25k, they 75k. She then took on a mortgage of 60k to cover the remainder of the price plus costs (stamp duty, solicitor fees…

Comments

JimmyTheWig Posts: 12,199 Forumite

19 March 2012 at 2:01PM

Tirian wrote: »

My understanding is that what the parents wanted, and had said to my wife, was that they would put the deposit money in and would then take a share of the gain or loss in the value of the house when sold. The 75/25 split of proceeds of sale didn't seem to match this though, but I can see the point being made about having had the benefit of the interest free loan.

This makes sense to me.

0