Mortgage and seperation

mark5

rachjenn wrote: »

I'm not sure it's fair on you for him to get half of the house in the future. I would suggest that if you sold the property now, he would get half. However in 10 years (for example) it's increased in value by say £10,000, he shouldn't be entitled to £5k of that. I would get the house valued when he moves out. Then you've got the value.

That's what I did when my boyfriend (now husband) moved into my house. I had the house valued when he moved in. So if we split, he would get half of any increase in value (for example the house valued at £110k when he moved in. If he moved out, valued at £120k, he would get £5k)

All his equity is tied up in the house, if he took it out now the op would have a much bigger mortgage to pay.

The op's husband is taking a risk leaving his equity in the house, if the house loses value he loses out, if the house gains value he should benefit.

Your scenario is completely different.

Personally I think clean splits are better though where all assets are split at the time.