Need help/advice regarding house deed

limitless888

Hi Guys,

I would like some advice regarding putting my future wife's name on a house deed.
I am in the process of buying a house currently and it is my intention to put my wife's name and myself on the house deed.
The problem is my family is opposing this idea simply because I will be contributing to all the deposit. ( I have saved for a quite a while for this whilst living at home with the parents ).
I am the main income earner between us and I believe she will help me to her best of her ability with some of the mortgage payments.
My theory is that I love her dearly and it doesn't really matter however from a rational point of view my family thinks it's wise not to as to protect myself from the circumstances of breaking up.
I feel it is wrong to think like this as love should not be like this.

What do you guys think?
Am I being really stupid here, I feel like I am doing the right thing but at the same time my family does have a point.

LilElvis

She's your wife so the house will be deemed to be a marital asset whether her name is on the deeds or not, whether she contributes to the mortgage or not.

Janey3

With respect, why is your family involved in such a decision?

How does your partner feel about her name possibly not being added on the house Deeds?

limitless888

I mentioned it to them what I was planning to do and they gave me their opinions.
I guess from their point of view they are just looking out for me. I think they would not have minded if she has contributed to half the deposit but because I am contributing fully they think it's only fair.

sheramber

Will her income be taken into consideration for the mortgage?

If so then her name will have to be on the deeds.

limitless888

No, the income is based solely on mine for the mortgage.

Homeownertobe

Perhaps you should protect your deposit with a deed of trust? For nothing else but to recognise that you were only able to build such a deposit with the support of your parents. Your wife to be would have no issue with this unless she has alternative designs on your money.

Janey3

I can understand your parents wanting to look out for you but I'm presuming your wife will be contributing to the mortgage and other bills throughout your marriage. Maybe your partner hasn't got the money to pay half the deposit just now. I hadn't, when I married 30 odd years ago, and OH paid the full house deposit.

It's a chance you take in life when you fall in love.

limitless888

That's exactly my line of thinking Janey3
However my family is more in line with something like Homeownertobe's reply.
But then I think it is also an awkward conversation to bring up to my future wife. We rarely argue and normally when we do it's because she feels sometimes I am not giving her enough security.
And I feel just talking about this will cause more arguments.

I am in such a pickle! :S

belfastgirl23

You need to decide what you're comfortable with. To be honest I think having any sense that your family are dictating terms before you even get married is an awful start. So if YOU decide you're concerned about this then YOU need to talk to her about it. But make your own mind up and don't let your family be part of it. And definitely under no circumstances involve them in any further discussion on it if you love and trust your wife to be.

Spendless

Are you buying the property jointly with a mortgage, regardless of whether they are only lending enough for you to be able to pay based on your income? If so, as said she will go on the deeds.

If you're buying it in your name only, I'm unsure if she can go on the deeds if she isn't on the mortgage. You might be better asking on the mortgage board. I realise you've posted her about your familys attitude.