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Wise to own house jointly with my partner?

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  • theartfullodger
    theartfullodger Posts: 16,038
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    Aye, no problem at all.  Relationships never ever fail.

    Artful: Now on 3rd successful marriage:(Don't ask about divorce costs & legal fees, I'll start crying...)
  • SootySweep1
    SootySweep1 Posts: 247
    Seventh Anniversary 100 Posts Name Dropper
    Forumite
    Hi
    Your partner may not be earning an income but she certainly is saving you alot of money though as fulltime childcare isn't cheap !
    If you are in a relationship that you intend to stay in the personally I think you should jointly own the property.  You each have your roles in your relationship. Make sure you've got wills etc sorted out too !
    Jen
  • What everyone forgets when parents are not married is schedule 1 of the Children Act. A parent ( usually the mother ) “could” make a claim against the other working parent to house the child until that child is 18. Essentially kicking you out ..... but NOT taking the property in its entirety, just until the child becomes an adult. 
    Its not often used as its generally against rich fathers as costs can and are awarded for failed sch 1 applications, unlike most other family applications. 

    But its worth remembering its a risk. Its less of a risk than putting her on the deeds right now though. When she gets the inheritance, she could buy her share ? 
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