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Can I let someone input into the bills?

2»

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  • If you do this keep comprehensive proof of how you've funded the mortgage payment to defend future claims of ownership.

    The claim of ownership is already there. The proportion of mortgage/bills payment doesn't make any difference. The % split of ownership has already been set with a tenants in common, joint tenants agreement or other % agreed via the solicitors during the purchase.


    This is one issue not to sweep under the carpet and hope it's OK on the day of reckoning. A proper legal document needs to be drawn up asap.
    Signature on holiday for two weeks
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    The claim of ownership is already there. The proportion of mortgage/bills payment doesn't make any difference. The % split of ownership has already been set with a tenants in common, joint tenants agreement or other % agreed via the solicitors during the purchase.
    .

    [FONT=Verdana, sans-serif]Presumably that can be altered by a new deed of trust. If the ex receives deposit back now and is not contributing to any future mortgage payments then this could record a 0%/100% tenancy in common.

    [/FONT] [FONT=Verdana, sans-serif]Since then the ex would then have no beneficial interest in the property I think they also avoid the additional stamp duty if they buy elsewhere.[/FONT]
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