Buying house with Boyfriend but only his name on the mortgage...how can I protect me?

davidwood123

Malthusian wrote: »

If a man refuses to countenance marrying anyone who is not "financially equal" it's not the woman who is the money grabber.

The men who "lose out" from divorce are those who think they can have their cake and eat it, i.e. get the tax and social benefits of marriage but not have to pay the cost. Who want to be treated as one unit for as long as it suits them and they get free childcare and extra tax allowances but as a separate individual as soon as it doesn't. Doesn't work that way.

When it comes to divorce and parental rights, men are treated as second class citizens

pinkteapot

englishrosie wrote: »

Based on affordability is why the adviser put me down as not living there.

This adviser should be sacked. :mad:

The correct way to do it is to NOT lie on the mortgage application. To have both names on deeds and mortgage, and to have you on the application. During the purchase process, your solicitor can draw up a deed of trust that would protect you in the way you want.

This adviser's ridiculous advice means you can't do that.

poppy10_2

englishrosie wrote: »

I am giving money towards the deposit, although not officially

englishrosie wrote: »

Based on affordability is why the adviser put me down as not living there.

Your mortgage adviser is a fraudster, and is making you complicit in mortgage fraud. Getting your £8500 back is the least of your worries

cashbackproblems

englishrosie wrote: »

"Yes a typical money grabber wants full entitlement but putting in a piddly 5k. Guys are getting smart to this now and not marrying unless the female is financially equal as they lose out otherwise in divorce"

I think someone is a tad jaded lol Just as a point during our 7+ years together my partner had to leave his job. I supported him and his 3 children for quite some time and have helped him clear his debts....I didnt keep a tab but I'm pretty sure the total cost would add up!

Lets try not to put everyone in the same box

Jaded? Its your bf who needs to be on his toes!! Your credit issues are your own and currently you are not on an equal financial footing to him so its not in his interests to buy with you

Many people now are buying with a agreement of who owns what share in case of seperation due to high house prices

goodwithsaving

'Put you on the mortgage on 2 years'. That's if you are together in two years. I'm sorry, but we all go into these things thinking of sunshine and rainbows when taking on the responsibility together can cause change for the worse.

To put up money into something, sign it away and work on hope is complete madness. To have a financial advisor ADVISING this is even more bizarre.

What you've put in isn't much in terms of overall life funds, but certainly don't go ploughing any further chunks of money into this. Protect yourself.

enthusiasticsaver

I don't really understand why you could not have your name on the deeds and the mortgage. Even if they cannot take your income into account due to only being self employed this should not affect the amount offered unless you have a lot of debt which will cause problems on the affordability criteria. At the very least you should be making wills saying a percentage of the house should go to you if anything happens to your boyfriend.

pphillips

If you're not on the deeds and you're not going to get married then at least get a contract drawn up that you and your boyfriend can both sign that states what you both agree is your beneficial interest in the property.

TomTomTomTom

Get him to sign something saying he recognises the money received as a contribution to the house.

Mojisola

pphillips wrote: »

If you're not on the deeds and you're not going to get married then at least get a contract drawn up that you and your boyfriend can both sign that states what you both agree is your beneficial interest in the property.

If your BF really cares about you, he would be completely on-board with you securing your contribution. If he isn't, I'd be a bit concerned.