My partner wants to buy half my house

Googler51

avawat20 said:

It sounds like you value money more than your partner so I wouldn't suggest you do it at all. Even if he pays what he's suggesting, he has helped with redecorating based on what you've said but either way you will now be mortgage free and you'll get to save that money.

If you go ahead then get legal advice and a deed of trust. But it sounds like you should reconsider your relationship to be honest.

I think this point of view could be from a younger 'idealistic' person. I am out of a 30 year marriage and found out the hard way that finances need to be agreed before a potential split. I thought I would be married forever and that was naive. 
In my new relationship we have more to think about and less time to recoup financial mistakes make through 'idealism' and by working hard to make up the difference. I wanted the value of experience and advice to help me with financial decisions when sometimes blinded by emotion and love. You have all really helped me through your varied perspectives. Thank you. 

MovingForwards

When you do have your OH buy into your home, get the solicitor to draw up a declaration of trust saying how the property / equity should be dealt with if you do split.

Also make sure you're tenants in common so your half doesn't automatically pass to your OH when you die, it's dealt with under your will; get one drawn up.

Googler51

Good advice. Thank you.