Tenants in Common Share deed of trust

Mellie117

My partner and I are in the process of buying a house together for first time and require a mortgage. I am using the equity of my house sale as deposit my partner is not contributing as has no deposit. We will be splitting future mortgage (for example 60/40) We are going to draw up an deed in trust with solicitors based on the following 
House price £253,000
My deposit £65,787 (26% of value)
Does this mean if we were to split up in years to come I would take back £65,787 deposit? or future 26%as percentage share of whatever the house was worth in the future? then split any future equity based on share of (60/40)? Have I understood correctly 

MovingForwards

You have it drawn up that
1. The outstanding mortgage is paid
2. Legal fees and selling fees are then paid.
3. You have the first £65,787.
4. The remainder is split 60/40 in your favour.

Have a think about what would happen if there was only enough to pay mortgage, legals and selling fees plus £10k left or enough to pay you your deposit, but nothing over that.

MovingForwards

I'm assuming you were paying 60% of the monthly mortgage payment.

If you are paying 50% then 4 (above post) will be split 50/50 each.

Mellie117

So correct me if I am wrong but would I take back £65,787 as a fixed amount or what its worth as a percentage on the properties worth say in ten years time if we split up (ie will my deposit be worth more as it stands its 26% of value of house we are buying)
Sorry just trying to get an understanding before speaking with solicitors .. Many thanks