Decoration of trust

Angela_D_3

GDB2222 said:

Angela_D_3 said:

GDB2222 said:

Angela_D_3 said:

If i jointly bought a house going forward  the only thing i would agree to is the initial deposit  returned and then 50/50 split .... 
you dont get to double dip in the pot.  

If property prices drop, so your partner can’t get the whole deposit back, would you agree to reimburse half the loss?

Again that would be double dipping wouldn’t it ... no risk with all the benefits.   

They get the capital gains or the losses.  The deposit is what allowed them to roll the dice in the first place.  

I don’t think it’s double dipping. One partner puts in the deposit. If prices drop they lose it, whilst if prices rise they get the same benefit as the partner who risked nothing. 

I think we’re arguing the same point 

getmore4less

Getting your money back is the same as lending the other person 1/2 the money interest free. 

The alternative would be that money bus a share if the house the mortgage buys the rest. 
Get that % first then split the rest 50:50 after taking off the mortgage

Another option if the other person has more income split the mortgage so you own 50:50  then take your share of any outstanding debt from your 50%