buying with a "friend"?

Guest101

beeza650 wrote: »

:rotfl::rotfl::rotfl: yes peachy

Well I presume if you did split up, she'd eventually meet someone else. Surely you've factored that in?

beeza650

Guest101 wrote: »

I just wonder how long you'd be amicable for the loan if your ex moved in a new partner?

my daughter would be the focus at that stage not my partner....and you already know the answer. these are all situations that mature adults can deal with especially when the best interests of their child are considerd

beeza650

Guest101 wrote: »

Want to hear first hand nightmare stories - read this forum.

it's hardly a suitable cross section is it!!!!!

Guest101

beeza650 wrote: »

my daughter would be the focus at that stage not my partner....and you already know the answer. these are all situations that mature adults can deal with especially when the best interests of their child are considerd

Is what everyone says when they're married...

I can assure you that the reality is far from this.

I doubt you'd be happy having some bloke move in and play dad in your house

marksoton

beeza650 wrote: »

my daughter would be the focus at that stage not my partner....and you already know the answer. these are all situations that mature adults can deal with especially when the best interests of their child are considerd

Your daughter isn't even your focus currently.

Guest101

beeza650 wrote: »

it's hardly a suitable cross section is it!!!!!

You get both LLs and tenants- it's as good as it gets.

Tansy_1980

If she isn't working, she won't qualify for housing benefit while she is the carer of her landlord's child.

It seems like you've said that you would only expect her to pay rent while she is working or if she is in a financial position to do so, so this may not be a concern for you. However, before making any decisions you should probably both discuss what would happen if you did split up and she wasn't working.

You might also want to think about what would happen if she is living in the property as a tenant and then meets a new partner and wants that person to move in. If she's a tenant in the property she is entitled to have a partner live with her. You might not have any issue with this, but it just seems like it could be a minefield. You seem like a rational person who has the best interest of your child at heart, but once a new partner becomes involved previously mature adults can start behaving in appalling ways which they would never have anticipated. Best to weigh up all the possible variations before making a decision.

Good luck with however you decide to proceed.

cashbackproblems

If she sells her share to you and then pays you the same amount in rent and you benefit from future increase in values...where is the benefit in that to her?? She has basically given up a home (or share in one)

Hopefully she has some sense and doesn't do it, you legally will have to pay child support and would never get awarded the house by the courts as you have a child.

Best thing would be to move out, pay your share of the mortgage (as child support) and hope one day she can buy you out (or sell and you have your share still). Getting lodgers in without a live in landard doesn't make sense and renters are wise to this type of thing.

Guest101

cashbackproblems wrote: »

If she sells her share to you and then pays you the same amount in rent and you benefit from future increase in values...where is the benefit in that to her?? She has basically given up a home (or share in one)

Hopefully she has some sense and doesn't do it, you legally will have to pay child support and would never get awarded the house by the courts as you have a child.

Best thing would be to move out, pay your share of the mortgage (as child support) and hope one day she can buy you out (or sell and you have your share still). Getting lodgers in without a live in landard doesn't make sense and renters are wise to this type of thing.

Actually as far as the house goes, he may well get to keep it.

The ex may get an occupation order, but as they aren't married it's likely to remain his asset.

beeza650

cashbackproblems wrote: »

If she sells her share to you and then pays you the same amount in rent and you benefit from future increase in values...where is the benefit in that to her?? She has basically given up a home (or share in one)

Hopefully she has some sense and doesn't do it, you legally will have to pay child support and would never get awarded the house by the courts as you have a child.

Best thing would be to move out, pay your share of the mortgage (as child support) and hope one day she can buy you out (or sell and you have your share still). Getting lodgers in without a live in landard doesn't make sense and renters are wise to this type of thing.

you sure we're on the same forum thread? she is not selling me anything. I'm loaning her the money so she can buyout the housing association.

I don't want her house, if we split up then i would expect her to repay the loan in way that does not impact our daughter.

the lodgers/tenants conversation is over I think. I've got some reading to do and it will all be above board