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.
📨 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
Mortgage and seperation
Comments
-
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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards