Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers
accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer
received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on
purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21:
Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title
Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion
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How much should my partner contribute if he moves in with me
hjbeee
Posts: 1 Newbie
Partner owns his own home, no mortgage. If he moves in with me he'd let it out per bedroom. Conservative estimate is £9600 a year he would gain if he lets it out to students in the university town where he currently lives.
He'd find a job here in the same kind of role and have a commute of 3 miles if he lived here. He's currently commuting for an hour. So there's a saving on petrol and other running costs such as wear and tear straight away.
I have pointed out that I would lose the 25% council tax discount if he moves in and he will also give me an undetermined amount for food.
He seems to think I will cover all the rent on my place, all my utility, Internet and other bills and he can basically live here for nothing, pocketing every penny he gets in rent on his house.
How should I work out what is actually fair as at the moment, I think he's trying to take advantage of me.
I have called him out on all of this and he still hasn't offered to contribute more or indeed quantify exactly how much he's prepared to give me even for food.
He's just assumed I'll go along with his plans, give him everything he wants and he gets to make thousands a year out of this, basically.
He'd find a job here in the same kind of role and have a commute of 3 miles if he lived here. He's currently commuting for an hour. So there's a saving on petrol and other running costs such as wear and tear straight away.
I have pointed out that I would lose the 25% council tax discount if he moves in and he will also give me an undetermined amount for food.
He seems to think I will cover all the rent on my place, all my utility, Internet and other bills and he can basically live here for nothing, pocketing every penny he gets in rent on his house.
How should I work out what is actually fair as at the moment, I think he's trying to take advantage of me.
I have called him out on all of this and he still hasn't offered to contribute more or indeed quantify exactly how much he's prepared to give me even for food.
He's just assumed I'll go along with his plans, give him everything he wants and he gets to make thousands a year out of this, basically.
0
Comments
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You want to post this on the relationship board, further down the forum.Mortgage started 2020, aiming to clear 31/12/2029.10
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^^ This ^^MovingForwards said:You want to post this on the relationship board, further down the forum.
The answer to your question has go nothing to do with housing....Nothing is foolproof to a talented fool.1 -
... and expect some forthright responses to his, frankly astonishing, attitude!MovingForwards said:You want to post this on the relationship board, further down the forum.
This subject comes up quite a bit by the way OP!7 -
Everything should be 50/50 as it's rent and not mortgage you are paying.hjbeee said:
He seems to think I will cover all the rent on my place, all my utility, Internet and other bills and he can basically live here for nothing, pocketing every penny he gets in rent on his house.
Personally, do not let him move in if that's his attitude and been mentioned.6 -
No, no, no, and no. Tell him to sod off.
Or split the bills 50/50. (equality).
^^post on the relationships board.
I started out with nothing and I still got most of it left. Tom Waits3 -
Ask him to pay whatever you feel is fair. 50% of all bills and food would be standard, plus if you feel an extra contribution on top in terms of rent is appropriate then put that to him.
If he refuses, then thats that.
Its your house. You don't have to let him move in.1 -
Since you're renting and don't own your home I would expect him to pay half the rent. You no longer get the benefit of having your own space and he's not contributing to your asset. (In the case of people owning their own home, it's generally not recommended to have a live in partner pay rent in case it's seen as them contributing to the mortgage and they may attempt to claim an interest in the property if things go south.)
Regarding the utilities I would absolutely expect him to pay 50% of utilities. Is he never going to use water, especially hot water?!
2 -
Check how much rent for a property comparable to yours is and ask for 50% of that.
Then 50% of utility bills and food.
If he says no, just inform him that he cannot live with you.
That's how I would deal with the situation.0 -
Generally I think the starting point is a split as if you were renting
All the costs that are the landlord the owner pays.
all the costs that are tenants you share as joint occupiers.
As you are in rental that's everything including the rent
Don't get fobbed of by just the increases and a bit for food.
what he saves and makes from his property is his, in a balanced relation ship you might see some of that in kind other ways but
Best kept out of the split of the costs of a rental you plan to share.0 -
I know it's blunt, but if my partner had that attitude, I'd be questioning whether I wanted the relationship to continue, let alone if I wanted them to move in with me.
Why should you pay out more to have him live there (because it will cost you more in council tax, water, electricity, gas, food, etc) while he is able to stash away potentially £15k+ per year for himself? Don't let him take advantage of you, because that's what this is.
I moved in with my boyfriend 3 months ago while we wait for our joint house purchase to complete, and I pay my fair share towards the mortgage, council tax, bills and food. I was happy to, and we both agreed what was fair without argument or negotiation. That's how it should be.2
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