Money Moral Dilemma: Should I ask my partner to put extra towards mortgage repayments?

Mario_Moolah

In my opinion this is petty, but I suppose the answer to your dilemma is related to how you view and treat money, and trust each other as a couple. Also is £2.5k in mortgage terms, is near insignificant, maybe 1% at most...

From my point of view it would be odd to hold a £2.5k debt over my partner as although we don't hold a joint bank account it would almost be like owing myself money as what's mine is hers and vice-versa. For info, even though my wife is a higher earner than me, when we brought our first house I contributed £40k more than her. She offered to enter a Declaration of Trust but I declined, and continue to pay the full mortgage amount each month out of my wages. Even so I don't feel like this diminishes her claim to our shared assets, because they are exactly that, shared assets. Obviously if the worst were to happen I stand to lose a lot, but then you always will regardless. Ultimately we love and trust one another and I would never have brought a house with her at all if we didn't.

hairypitz

I paid £11,000 more towards our first house together. It allowed us to get a small mortgage over a short time and I happened to have more money available.
My partner put £500 extra into my bank account every month until we were even.
We both earn a similar amount, don't have kids, keep our finances separate and contribute equally to our joint account where all our shared expenses come out of. Works for us.
If you earn a similar amount then have the conversation about how you can feel like you've contributed equally. Could he pay more into the joint account for household spending? 
If you earn more or he's on a really tight budget and can't afford more (and not just because he fritters money away or spend lots on himself) then accept that you took one for the team.

goodwithsaving

These moral dilemma threads are pointless but I'm bored so I'll put my 5 pence in. To me; yes. £5000 overpayment on the mortgage. That said, I'd rather have had a declaration of trust drawn up to get the extra £5000 back on sale.......but that's experience talking....