Buying A house with new girlfriend

Pixie5740

DigForVictory wrote: »

Welcome to MSE, the forum of enthusiastic doubters.

In a word, Don't.

Were one of my lads looking to buy & needing a girlfriend to keep the funds ticking over but said wench brought nothing else to the deal, I'd be reaching for a firehose of cold water.

Indeed I do wonder what your gf's parents are proposing to offer, if anything, as you are proposing putting your financial neck on the block.

For that amount of money a half-hour chatting with a lawyer is worth every minute.

Why are you being so hard on the girlfriend? Why would her parents propose to offer anything? Have we slipped back to the dark ages where women's parents were excepted to put up a dowry and no one has told me?

The OP reads to me that if he could buy on his own he would but he needs the new girlfriend's income to be included in order to meet affordability which is what she would be bringing to the table. I think if anyone is on a sticky wicket it's the new girlfriend because she will be tied to a mortgage with someone who can't afford to buy her out if it all goes down the pooper.

Not that I think anyone should rush into buying a property with a new girlfriend/boyfriend.

HampshireH

Agree with Pixie. Why should her parents be proposing anything.:think:

steampowered

If you could afford to pay the mortgage by yourself if it came to that - it might be OK?

You would definitely want a bullet-proof declaration of trust.

And you should absolutely get a bigger chunk of the equity to reflect the money you put in.

trailingspouse

Buy a house that you can afford? That's what most people do.
I wouldn't want to be the girlfriend - it sounds like she's just being used to enable you to get a house that you otherwise couldn't afford.

bigstevex

Didn't think this was the relationship advice forum.


Tell your solicitor exactly what you've said here and they'll sort it no problem so you're money is safe.... How easy to sell though if you split up is another question.