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Moving in with boyfriend and Cohabitation agreement
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[FONT=Verdana, sans-serif]Which is exactly why the OP is being cautious. - except her deposit is not at risk...?? [/FONT]
[FONT=Verdana, sans-serif]If it is so easy to save a deposit and get a mortgage why is the OP's boyfriend still renting? - why not? Plenty of people don't want to buy, especially when young[/FONT]
[FONT=Verdana, sans-serif]If the boyfriend paid £300pm rent to the OP that would be a big saving on his current rent so both sides benefit.[/FONT]
I'm not sure how many times you want me to repeat this. If he pays rent; he has a property, he can do whatever he wants in it. He has protection and freedom.
I'd rather pay £600 and have a safe environment which was my home; where I had rights.
Than £300 to be a guest in someone else's house...0 -
And the OP's boyfriend has exactly the same choice, nobody is forcing him to move in with the OP and save several hundred pounds a month. Why do you think he should live rent free, subsidised by the OP?I'm not sure how many times you want me to repeat this. If he pays rent; he has a property, he can do whatever he wants in it. He has protection and freedom.
I'd rather pay £600 and have a safe environment which was my home; where I had rights.
Than £300 to be a guest in someone else's house...0 -
1 continue to pay the mortgage yourself from your own bank.
2. Open a joint account and pay in equal amounts each month to cover bills and save for wedding.
Who said romance was dead!0 -
I hope someday I can find someone who loves me enough to charge me rent (and wear and tear!!) but pretend it's not rent in the hope of making sure I don't get a bean in the event of a split. I'm single, but I can dream!
A key question that's not been answered is what happens to the 'wedding fund' if there's a breakup. If he doesn't get it back then he's been paying rent however you might want to dress it up.0 -
And the OP's boyfriend has exactly the same choice, nobody is forcing him to move in with the OP and save several hundred pounds a month. Why do you think he should live rent free, subsidised by the OP?
I don't think he should live rent free. I think when you move someone into your home and 'play at being a family' you accept the risks that come with that.0 -
You are dreaming for a partner to offer you free accommodation then, paying several hundred pounds less than you would elsewhere is not enough?shortcrust wrote: »I hope someday I can find someone who loves me enough to charge me rent (and wear and tear!!) but pretend it's not rent in the hope of making sure I don't get a bean in the event of a split. I'm single, but I can dream!
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parkrunner wrote: »If I was living with someone we would share everything from the moving in together date. The only caveats would be whoever paid the mortgage deposit keeps it if the couple separate and the property is valued at the time of cohabiting and any increase in the value of the property from that point is evenly split between the two parties.
When the mortgage deposit is 100%(no mortgage) you still expect 1/2 any increase?0 -
You are dreaming for a partner to offer you free accommodation then, paying several hundred pounds less than you would elsewhere is not enough?
Oh come on, it's not a binary choice between a 'wedding fund' and freeloading. Asking him to pay half of everything is fine. It's pretending that rent isn't really rent to avoid giving any sort of stake in the home that would bother me.0 -
shortcrust wrote: »Oh come on, it's not a binary choice between a 'wedding fund' and freeloading. Asking him to pay half of everything is fine. It's pretending that rent isn't really rent to avoid giving any sort of stake in the home that would bother me.
Its not 'rent' it's just money you'll have to pay to live here. But nothing to do with the property and definitely not rent!
Sounds like an excuse an abuser makes doesn't it...
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And what if they split up say 2 years after they started cohabiting and in negative equity. Will they pay for the loss, or just walk away? :think:getmore4less wrote: »When the mortgage deposit is 100%(no mortgage) you still expect 1/2 any increase?2024 wins: *must start comping again!*0
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