I have a bigger deposit than my partner plus i want to make overpayments?

AnotherJoe

SophiaPatricia said:

pjcox2005 said:

Then I think you want to ask your solicitor about a declaration of trust which should mean they can pay each person their deposit back and then split the rest on sale (assuming the house hasn't dropped in value).

Personally if young and investing for the long term then I would go with a stocks and shares ISA over overpayments as likely to make/save you more in the long term based on historic performance. Although it is a) higher risk and b) potentially less useful if you're wanting money back in a short period of time (e.g couple of years) although saying that overpayments are locked away in the house as well.

You probably know already but I would suggest you make sure you invest in funds (which in turn hold multiple different shares) rather than a specific company to spread the risk e.g. of a company going bust. 

Thankyou so much yes i just want the deposit back that i contributed. I understand how the mortgage works now.

And yes iv been doing some research and i think i have settled on vangaurd lifestrategy 100. As a starting point. I intend on 10 years plus so i think once my confidence is built after a year or so, il venture out a little more with it  

Please dont do that. Pick a better global fund. Vanguard have some. Just not the much overhyped (here) VLS with its arbitrary 25% "UK" which actually means, "lets have more global oil and finance", not "lets have more UK".

So you'll get an extra helping of oil and finance in your overall portfolio.

Not a good place to be I'd say.