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I am putting all deposit for house, partner £0

24

Comments

  • Flix21
    Flix21 Posts: 37 Forumite
    10 Posts
    Run, run fast now!

    Why are you selling your current place and buying a new one with him if he can’t contribute? If you’re sure you want to go ahead, make sure you get a deed of trust. If he refuses, then don’t buy with him.
  • lucie_sky81
    lucie_sky81 Posts: 7 Forumite
    Flix21 wrote: »
    Run, run fast now!

    Why are you selling your current place and buying a new one with him if he can’t contribute? If you’re sure you want to go ahead, make sure you get a deed of trust. If he refuses, then don’t buy with him.

    Well I live in a flat (it is lovely) but I want a house and a garden for my boy which I cannot do alone :(
  • brewthebear
    brewthebear Posts: 292 Forumite
    Part of the Furniture 100 Posts Photogenic
    Agree with oozle, why are you going down this road.
    Get a mortgage on your own if you dont want to share, I doubt whether he paid you £400 for rent when he was living there. He would have been contributing to the house. This relationship will not survive on those terms.
  • [Deleted User]
    [Deleted User] Posts: 3,297 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    lucie_sky81 wrote: »
    Well I live in a flat (it is lovely) but I want a house and a garden for my boy which I cannot do alone :(

    It's better to remain in the flat than buy a house with the boyfriend who thinks that after 7 months he is entitled to some of the £24k. If the relationship goes down the pooper a second time and you're living in the house will you be able to afford to buy him out? It doesn't sound like it and he could force you to sell.
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    Don't marry this man. It will end in tears.
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • wksd
    wksd Posts: 98 Forumite
    Second Anniversary 10 Posts Name Dropper
    Comms69 wrote: »
    Really should be careful when you provide advice without any caveats.

    If you read the post properly you will or should know that he would not qualify for beneficial interest.

    And no it would not be seen as a taxable income.

    Please check the facts before trying to criticise very straight forward advice.
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    wksd wrote: »
    If you read the post properly you will or should know that he would not qualify for beneficial interest. - I didn't say he would. You made incorrect claims about only being liable if married and about rent.

    And no it would not be seen as a taxable income. - I was being pedantic, because it's not 'rent'

    Please check the facts before trying to criticise very straight forward advice.



    You were wrong.
  • theartfullodger
    theartfullodger Posts: 15,770 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Find a better partner. Seriously
  • throughthickandthin
    throughthickandthin Posts: 13 Forumite
    Second Anniversary
    I don't think the OP was asking for relationship advice, despite everyone here seeming to be the oracle in all things love. She is asking for advice on how to to protect her deposit- stand down Jeremy Kyle's.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    throughthickandthin wrote: »
    I don't think the OP was asking for relationship advice, despite everyone here seeming to be the oracle in all things love. She is asking for advice on how to to protect her deposit- stand down Jeremy Kyle's.
    It's a forum. You can't pick and choose what advice you want. You'll get what you're given - ignore it, or take heed. People wouldn't give advice if they didn't feel it was a valid point. I didn't advise - but I've been round the block enough times to agree with them.


    Seven months and claiming rights? That's a VERY hard matter to ignore!!!!
    2024 wins: *must start comping again!*
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