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Overpaying "your half" of the mortgage

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  • Sea_Shell
    Sea_Shell Posts: 10,025 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I just find the whole "whats mine is mine" financials just a bit strange when you are in fact a married couple, with a shared life, property and responsibilities.

    In another thread, one had CC Debt, and the OH had savings....surely in a 'Marriage' you should be pulling together and working toward the greater good of the "household", not "hands off thats MY money"

    Is it a generational thing?....i have no idea how old the OP is....but is it a younger couples thing. (we're in the 45-55 bracket)
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • LadyGnome
    LadyGnome Posts: 801 Forumite
    Ninth Anniversary 500 Posts Name Dropper Combo Breaker
    You may well find that the mortgage company won't let you come off the mortgage and remain on the deeds. They usually don't want anyone having ownership rights over the property that is not a party to the mortgage obligations.
    MortgageStart Nov 2012 £310,000
    Oct 2022 £143,277.74
    Reduction £166,722.26
    OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
    2022 MFW #78 £10200/£12000
    MFiT-6 #28 £21,772 /£75000
  • edinburgher
    edinburgher Posts: 13,849 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    In another thread, one had CC Debt, and the OH had savings....surely in a 'Marriage' you should be pulling together and working toward the greater good of the "household", not "hands off thats MY money"

    I don't think it's necessarily a generational thing, but maybe it should be. I once lent an ex ££££ to help pay off her unsecured debts (we lived together and in some respects, were like an old married couple). I never saw any of that back and she never changed her ways! :rotfl:

    Mrs E and I share all burdens and fun equally (with the exception of the odd little bit of cash we make through our own initiative for fun money).
  • DarkShadow
    DarkShadow Posts: 180 Forumite
    I suggest not to take a divorce. Both of you live as a team, that's what people generally do. Once in a while cheating is ok as life can be too boring - important to stay alert all times.
    Bank accounts
    Santander : 17 year relationship, 0 problems to date.
  • edinburgher
    edinburgher Posts: 13,849 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DarkShadow wrote: »
    I suggest not to take a divorce. Both of you live as a team, that's what people generally do. Once in a while cheating is ok as life can be too boring - important to stay alert all times.

    :rotfl: Priceless
  • I hope your wife/partner isn't on here DarkShadow :rotfl: :rotfl:

    I don't have this problem as a single lady but if i was with someone and I earnt less I would still want to contribute 50/50 for bills and mortgages. For me I don't feel like I want anyone to "look after me" if that makes sense. But everyone is different.
    Balance at start of mortgage Dec 2011 £87500
    1 Jan 2015 = £73,735 Overpayments = £3,360 (average £280 p/m)
    1 Jan 2016 = £66,558 Overpayments = £4,770 (average £397.50 p/m)
    1 Jan 2017 = £57,756 Overpayments so far Jan £0 Feb £550 Mar £3022 April £690 May £1513 total £5775
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