Keeping GF off mortgage?

jackomdj

You never know how things are going to work out. You could rent happily together (or you buy in your name) then get a joint mortgage and split within weeks.

My ex husband and I bought our second house and split within two months. I bought him out (my Dad went as guarantor on the mortgage) then a year later I met my new partner who moved in within a few weeks (!) and we have been happily together for almost twenty years now.

ACG

Goldiegirl wrote: »

Would you feel quite so happy about this arrangement if it was her buying the property in her sole name and you were the one who was just the lodger?

But shes not losing out. She pays 50% towards the bills but she is not outlaying anything towards the deposit or mortgage payments until 2 years down the line.

I did exactly what the OP did but had the shoe been on the other foot I would not have minded in the slightest.

The only think I would say to be careful of is not to think its YOUR house. Technically it is but you are both moving in together so if you get into any arguments etc then you cant throw it back in her face.

Cat2011

My friends did exactly what the OP wants to do.

They had been together about 6 years, both lived with their parents. They were in and out of each others pockets anyway, so practically lived together, just not in a house that they owned/rented.

The guy had a better income, so he bought a flat and they moved in together. They shared the costs of living. Then when her income improved, she got added to the mortgage. They're now married.

It's just being practical.

Though I would maybe consider the big difference in your incomes. Maybe she can pay 50% of mortgage and food, and you can split the bills according to how much you earn, e.g. 10k vs 30k income, would be 1/4 vs 3/4 payment. Otherwise you end up with much more disposable income.

amnblog

This is 'buying and living together and you buy in later' is nonsense.

If there is no 'commitment' there you should keep things as simple as possible and rent - reviewing your situation every six months.

Goldiegirl

ACG wrote: »

.

The only think I would say to be careful of is not to think its YOUR house. Technically it is but you are both moving in together so if you get into any arguments etc then you cant throw it back in her face.

That's my main issue with this set up.


For my own peace of mind in an equal partnership I need to be joint owner of our mutual home.


Otherwise there is an element of the person who owns the property having more control in the partnership. And 'Keeping GF off the mortgage', sounds a bit controlling

lol_omg_wtf

Thank you for all the replies.

I did fully expect the replies along the lines of if you can't commit to the contract then your not committed to the relationship but that is definitely not the case. The title was a bit provocative so I could get some replies from both points of view.

Yes she did spend time away at uni then for the last two years I work up and down the country only getting home every other weekend.
She loves living with her parents and I'm slightly worried how she will cope with being at home by herself in a empty house(with a few cats probably).
I live near leeds so house prices are ok. She is living with her parents 20 mile away were house prices are totally unrealistic.
We are both not sure how this will work, I'm ready to buy as I want a place to keep my things motorbikes etc.

In regards to renting we both see it as a futile exercise as it would never really feel like home. I don't think we would settle in as it would be a stop gap and we would know it's temporary.

To clarify the GF has seen everything as I want her to know what she is entering into and be totally clear on the whole situation.

I'm doing this to make sure I'm not being selfish and only covering my own interests!
Tell her your opinion on what she should be expecting to make this fair. She will see it.
We completely understand some people won't "get it". It works living with our parents but we both want a place we can do our own things now.

nubbins

Don't worry about the negatives on here, you seem to have your head screwed on and are totally realistic about the future and the possible problems that could be ahead if it doesn't work out. As long as you are both happy with the situation and the agreement then whats the problem. When I was 19 I bought a flat with my then girlfriend of 3 years, we lasted another 3 years and then split up, we rented the flat out and eventually sold it for a 50k profit split down the middle. Before we moved in we had a similar discussion in that no matter what we would split 50/50 and it worked. There are lots of people in this world that are not as sensible as you and find themselves in dire situations when it all goes pear shaped, at least you are sorting it now.

Good luck

Coveredinbees!!!!

So you want her to share all the household expenses but have no claim on the house? Can you see you being selfish?

ACG

Household expenses are run up by the 2 of them. They are completely separate to the mortgage/property.

Mojisola

Coveredinbees!!!! wrote: »

So you want her to share all the household expenses but have no claim on the house? Can you see you being selfish?

How is it selfish to let someone live rent-free in your house?

The only bills that will be shared are things like the utilities.