buying with a "friend"?

beeza650

Guest101 wrote: »

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.

hardly likely when she doesn't want to stay there and has her own house

Guest101

beeza650 wrote: »

hardly likely when she doesn't want to stay there and has her own house

She has an asset, not a home.

Hardly likely is hardly accurate. You don't know what will happen in a week, a month, a year.

Why not stay in the house paying nothing and getting rental income.

Either she's done with you or you're done with her, in both cases she's not going to give a damn about you and your feelings

beeza650

Tansy_1980 wrote: »

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.

I appreciate that but it's a risk worth taking, we're talking £385 a month in rent to Catalyst at the moment so not mega bucks. The loan would somehow be tied to the property so she cant sell up move in with new chap and not pay me back. Thanks for the good wishes. I really hope we can be happy enough in the new place and the reasons for keeping this place get forgotten about.

marksoton

beeza650 wrote: »

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.

So not really anything in it for her or your daughter then....

beeza650

Guest101 wrote: »

She has an asset, not a home.

Hardly likely is hardly accurate. You don't know what will happen in a week, a month, a year.

Why not stay in the house paying nothing and getting rental income.

Either she's done with you or you're done with her, in both cases she's not going to give a damn about you and your feelings

but this is all mute - thats the risk any couple takes surely? as i said already - the risk for us might be higher then "normal' but its still that - a risk - not a certainty.

Can you let someone else reply now please

beeza650

marksoton wrote: »

So not really anything in it for her or your daughter then....

please re-read previous posts

marksoton

beeza650 wrote: »

please re-read previous posts

Oh i don't have to. You're as transparent as hell...

beeza650

marksoton wrote: »

Oh i don't have to. You're as transparent as hell...

ok no more troll food from me. Thanks to all those that gave something constructive - appreciated.

duchy

beeza650 wrote: »

Where she lives is too small for us and makes my commute longer than it needs to be (we live together now)

If it is too small for you how the heck would it be big enough for mother and child moving back in with two tenants in situ ?

tlc678910

Hi, if you want to offer your partner and daughter real security without all these "I'll buy it she can rent it back" shenanigans then consider getting married.

If you are aghast at the idea maybe you should think again about asking your partner to leave her home. The commitment you have already made is bigger than marriage, it can't be annulled, you have a child together for life.

If you marry your partner she will likely get half of your "worldly goods" and spousal/child maintenance if you split. Perhaps you will try a little harder to make it work? If you die without being married your partner and child would not necessarily inherit everything as you may have other relatives that claim on your estate and it leaves them vulnerable. If you don't marry you need to prioritise a will that protects them. I believe if you are married your parental rights are stronger but I'm not sure about this?

I'm not religious and my son was 4 before I married his father but I took the commitment to have a child far more seriously than the decision to marry. The decision to marry was easy because we were in a committed relationship for life anyway. If you are not willing to commit your financial and emotional energy fully into this relationship don't ask them to disturb their home life and security and move.

Tlc