Am i paying too much

makeitstop

cookie3030 wrote: »

*seperate account

Blimey, he sounds like a real catch.

Have a word Cookie for Gods sake. He needs to sort himself out, or, be sorted out.

Guest101

makeitstop wrote: »

Blimey, he sounds like a real catch.

Have a word Cookie for Gods sake. He needs to sort himself out, or, be sorted out.

Actually this is probably quite sensible.

He will have to pay tax on the income, having savings will help with repairs long term and the changes that the govt are introducing to BTL mortgages and tax mean that he is shortly going to be paying a lot more.

If partner ran a business I dont think anyone would be suggesting he withdraw company funds, this in reality is not very different.

LannieDuck

I'm still worried that you're basically subsidising him paying off his mortgage. If you split up, he'll end up with two properties, and you'll have nothing.

At the very least, your financial arrangement needs to be a joint, agreed arrangement. Not one imposed upon you.

cookie3030

I did have a word and just said it is not fair that I'm paying for all the food when hes paying off his mortgage anyway when i payed the credit card bill as i pay for food etc on his card i deducted £200 for what he owes for half of the food. He wasn't happy and he's wanting the money back because he says he can't afford the mortgage.

cookie3030

My son's father is self employed doing building etc and a lot of it is cash jobs. He left when i was pregnant to be with someone else so I'm glad we have nothing to do with the lowlife.
We are engaged but don't think marriage will be on the cards as all he said was i should save up..how can i when he's making me pay for everything. He can afford to pay for the wedding I've seen what he has in his accounts. So obviously he's in no hurry to.

LannieDuck

cookie3030 wrote: »

I did have a word and just said it is not fair that I'm paying for all the food when hes paying off his mortgage anyway when i payed the credit card bill as i pay for food etc on his card i deducted £200 for what he owes for half of the food. He wasn't happy and he's wanting the money back because he says he can't afford the mortgage.

Of course he can't, because you're subsidising him.

I would write down his half of the bills, and demonstrate that after he's paid all of that each month, he can only afford x% of his mortgage payments. Ask where he thinks the rest of the mortgage payments have been coming from. Then suggest that if you're going to keep contributing to the mortgage, you ought to be on the deeds.

Obv he could get something drawn up to protect his investment thus far, but that would rather go to prove that he'd been paying off the mortgage for his own benefit and not for the both of you...

LannieDuck

Just to add, that it is of course appropriate that you contribute towards your accommodation costs. But you both ought to acknowledge that this is what you're doing, and that he's only able to afford to make his mortgage payments because you pay 'rent'.

elisebutt65

cookie3030 wrote: »

My son's father is self employed doing building etc and a lot of it is cash jobs. He left when i was pregnant to be with someone else so I'm glad we have nothing to do with the lowlife.
We are engaged but don't think marriage will be on the cards as all he said was i should save up..how can i when he's making me pay for everything. He can afford to pay for the wedding I've seen what he has in his accounts. So obviously he's in no hurry to.

Call his bluff and just go for a small registry office, with you & 2 witnesses.