Boyfriend moving into daughter's house

Oakdene

Red-Squirrel wrote: »

£200 a month is highly unlikely to cover half the bills and food, let alone make any dent in the mortgage payment, so I don't think there's any concern that he could build an interest in the property, but is your daughter happy that she will be subsidising him?

What is he going to do with all the spare cash he'll have due to only having £200 a month living costs? Will he be putting it away in order to save for his and your daughter's future together? Will he be paying for all the 'fun' stuff like holidays and nights out as his contribution?

It would halve my mortgage payment!!

MobileSaver

phebe3 wrote: »

would he have any claim on it if, in the future, they split up?

Barring any agreement/contract to the contrary any "claim" could only be for a share in any increase in value from the date he moved in.

So if in five years the property is worth £15k more than today then there's an argument he may be entitled to a share of that £15k but wouldn't be entitled to any share of the, for example, £150k selling price of the property.

The argument being that (all other things being equal) over five years they will both have contributed in different ways to the improvement/upkeep of the house, whether that be financially, general housekeeping or DIY etc.

Red-Squirrel_2

Arleen wrote: »

I fail to see how bumping uglies would prevent him from being a lodger.

It does exactly that! It makes him a cohabiting partner which is totally different.

martindow

G_M wrote: »

or in practice, in my experience.

I'm intrigued. Is this pride that you've successfully fought off a landlady's unwelcome advances or a statement of regret?

Red-Squirrel_2

Oakdene wrote: »

It would halve my mortgage payment!!

But would it cover half your council tax, utility bills, phone, TV, insurance and food/other household expenses for a full month?

Oakdene

Red-Squirrel wrote: »

But would it cover half your council tax, utility bills, phone, TV, insurance and food/other household expenses for a full month?

Well no, but you said 'let alone make a dent in the mortgage payment'...

Red-Squirrel_2

Oakdene wrote: »

Well no, but you said 'let alone make a dent in the mortgage payment'...

I meant after deducting everything else it was supposed to pay for.

DaftyDuck

G_M wrote: »

or in practice, in my experience.

Speak for yourself!

Mind you, that was 30-odd (very odd) years ago, and she currently sits right behind me, working on her computer, so can't see my uglies to bump!

Marvel1

As she is 25, I think it would be best to stay out of it, offer advise but not interfere and push it.

Oakdene wrote: »

It would halve my mortgage payment!!

It would cover the full amount of mine (for now based on the interest rates)

Red-Squirrel wrote: »

But would it cover half your council tax, utility bills, phone, TV, insurance and food/other household expenses for a full month?

I think it would, mine living alone for water, electric, gas, broadband, council tax, insurance is roughly £244. Also with insurance he only has to cover a small portion for the contents not building.

For food I assume they would just go together and split it or whatever they do.

Mojisola

Have a read through this - http://www.advicenow.org.uk/living-together - and see if what info you can pass on without it sounding as if you're interfering.