Moving partner into your house with mortgage

cashbackproblems

From your point of view: if I was in your position I wouldn't give my partner any claim to the house, as mentioned he should contribute as he would be spending money on rent anyway, you don't have a claim on a landlords property. Also you paid the deposit and other fees.


From his point of view, I wouldn't move in and pay someone else's mortgage even a partner. I would want my own place.

cashbackproblems

Boler1985 wrote: »

Whatever you decide a good lawyer would tell you to get the agreement drawn up in writing.

It's a bit sad that couples have to conduct their personal lives in a kind of business-like fashion and make domestic arrangements into a commercial negotiation but that's just a result of the 21st centurary "liberal" individualistic society we live in today.

Don't get me wrong, I'd do the same, but when everyone is claiming of everyone else these days you have to protect no.1 (although in 90% of cases its girlfriends/wives rinsing boyfriends/husbands).

Only if the husband is not smart with his affairs, there are plenty of loopholes and ways

paddy's_mum

Don't forget that if he has purchased, in some fashion or another, part of the value/equity in the house and you do split, you both have the right to reside there.

If neither of you want to leave, you will be compelled to share the property while the relationship implodes around you - not a happy scenario.

Keep it clean and in this case, think about whether you can afford not to have solid legal advice.

HouseBuyer77

The major plus of ReadingTim's suggestion is if you do go your separate ways, it's all very straightforward. Your boyfriend's savings are in his personal account, there's no worrying/arguing about house price increases, you working out how to obtain the cash to buy him out, potentials for court battles over his share (should it turn really nasty) etc

TBagpuss

OK, you won't need the mortgage lender's permission for him to move in. You do need to inform them if there is going to be another person living in the house at the time you take out the mortgage, but not when someone moves in after the mortgage has been registered against the property.

It would be sensible to have a cohabitation agreement drawn up. This can make it clear what financial contributions he makes, and what (if any) interest those contributions give him in the property.

I don't think you need to set out in the agreement that he saves money each month, as long as the agreement states that he pays 50% of the bills and that this *doesn't* entitle him to any share in the house - (and agreement to save wouldn't be enforceable) You and he can separately agree that he will do so, and could discuss and agree on timescales, for instance to agree that he will save and that you will review the arrangmnts and his contributions after (say) 2 years.