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Nationwide gifted deposit

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  • Rumana03
    Rumana03 Posts: 213 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    user1977 said:
    Rumana03 said:
    anselld said:
    Seems an odd arrangement between married couple.  Separate finances fair enough, but in the event of divorce all assets are in the melting pot so not sure how any non-interest agreement with the lender would ever be enforceable in that scenario.
    And if anything were to go wrong (in terms of payments) I wouldn't want the bank taking money from my property.
    But they'll take the share of the equity you've gifted? (unless there's a surplus and it goes back to your husband).

    And you'll still be evicted. At least with a joint account you'd have some control over what was going on.
    I'd rather lose that than lose anything from my property.
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