Living with a partner - how to decide what she should contribute financially?

Mojisola

Dimey wrote: »

But as you will own the property on mortgage, you are in effect the landlord. In which case for both parties protection I'd do a more formal room rent agreement. I'd look more at what is a fair price for renting a room or house share in your area. Discuss a fair rent with your girlfriend. And go 50/50 on all the other bills.

Not if you are partners. If the GF is a partner and pays "rent", she will have an interest in the property and could ask for her share if they break up.

Prothet_of_Doom

I rented a room off a guy who had just bought his first house, and after a while his girl friend moved in. He had been renting out a second bedroom as well, and what he did was give her the same deal as the previous person. £350 was the going rate for an all inclusive room in a shared house, so she got a lodgers rental agreement, her own room. She worked freelance and was a part time student, and the room effectively became her study, and hideaway. It had a fold down sofa bed for visitors and arguements.

They both seemed happy. They both knew or thought that one day they might get married, but considered that when they did they would find a house together which was theirs as a couple. She was also very aware that she had no legal claim on the house, and that in UK law there is no such thing as a common law wife.

Prothet_of_Doom

Mojisola wrote: »

Not if you are partners. If the GF is a partner and pays "rent", she will have an interest in the property and could ask for her share if they break up.

Er no. Not true. Just because a lodger sleeps with her landlord, doesn't make half the house hers. :j:D

When I say sleep, I mean sleep. :A as in eyes closed and snoring like a pig. and not sleep as in eyes closed and squeeling like a pig :rotfl::o

playaz

Prothet_of_Doom wrote: »

Er no. Not true. Just because a lodger sleeps with her landlord, doesn't make half the house hers. :j:D

When I say sleep, I mean sleep. :A as in eyes closed and snoring like a pig. and not sleep as in eyes closed and squeeling like a pig :rotfl::o

She is more a screamer than a squeeler lol ;-)

Mojisola

Prothet_of_Doom wrote: »

Er no. Not true. Just because a lodger sleeps with her landlord, doesn't make half the house hers.

Read up on beneficial interest - sleeping with the LL wouldn't give her any rights but if she is his partner and contributing to the house, she could make a claim.

mixedwrestling

I'm married, and the house is in my wife's name although we're now mortgage free yay!

She earns roughly double my salary so she pays 50% more than me for household bills etc.

AlexLK

Why have you not merged your finances?

Reue

AlexLK wrote: »

Why have you not merged your finances?

Because they're not married.

nakiwala123

I have just bought a house with my boyfriend and from our combined salary I earn 65% of it. So all our bills and mortgage are split accordingly, he puts in 35% of each bill for example if council tax is £100, he will contribute £35 and I will pay the other £65. But then it is a litlle different from your situation as we bought the house together and it's in both our names.

playaz

AlexLK wrote: »

Why have you not merged your finances?

We are not married, and the house will actually only be in my name (not a joint application)