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Should my partner help pay for mortgage in my name?
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If she puts an amount equal to your mortgage or her old rent into savings this benefits you both if you do in future decide to combine all assets and would be clear in case of a split. But this depends on you as a couple having enough income and low enough spending to allow this level of saving.But a banker, engaged at enormous expense,Had the whole of their cash in his care.
Lewis Carroll0 -
Marvel1 said:AskAsk said:Marvel1 said:AskAsk said:i think the fairest way would be that she pays half of what she had paid in rent to you as "rent" so she benefits and so do you, then you split bills 50/50. so she should pay all the bills if the other 50% equals to "half the current rent"1
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Keep_pedalling said:Marvel1 said:AskAsk said:Marvel1 said:AskAsk said:i think the fairest way would be that she pays half of what she had paid in rent to you as "rent" so she benefits and so do you, then you split bills 50/50. so she should pay all the bills if the other 50% equals to "half the current rent"0
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Charge her half utilities, food and contents insurance, plus the increase in council tax as you lose the 25% discount. Don't charge for buildings insurance, "rent", part of the mortgage, property maintenance (it's your property, not hers), decorating etc.
It's a good deal for her, but she gets zero security of tenure.Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 20230
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