Finances when buying a house as a couple

amylou1107

My boyfriend and I are in the process of buying our first house. He was gifted a large sum of money which we are using as a deposit.
We are getting a deed of trust put in place just to say he put £x into the deposit and i put in £y. Then the house is owned 50/50.
Think it just makes things easier just in case anything were to happen in the future.

csgohan4

cooltt wrote: »

Wow! I've never read such nonsense responses to a straight forward question in my life. Quick nail him down under a mountain of contractual obligations before he makes off with one more jam tart than you. Honestly!

It's amazing how everyone is suddenly an expert on everyone else's relationship from a few sentences. Some really deep seated trust issues in these responses.

OP
What a fantastic relationship you and your partner seem to have and what you're willing to do out of the love in your heart. All I'd like to say here is Mr Startingout is having a little ego malfunction.
The thought of the you holding the reins on this little endeavour has rocked his manly, I should be looking after you, protective world a little. It's how men are conditioned.

All that's needed here is to sooth his ego a little, tell him it doesn't change anything or how you feel about him. It's a practical decision not a power grab on your part to contribute more because you're BOTH working toward the same goal right?
And yes things will even themselves out in time it just so happens that on this occasion you are able to provide a big vote in confidence on your future together.

Such a rose tinted view of the world..... No harm in aiming for the best and preparing for the worst and protecting both parties