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Living in partner's shared ownership home
Comments
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When you said you were expected to pay a quarter, it seemed quite reasonable to me.
You don't get the automatic right to beneficial interest unless you are married or in a civil partnership.
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In some ways, this is no different to you being a lodger. You live in the property with the owners, pay them rent and a portion of the bills. You could be asked to leave at any point. I understand it feels different because of the personal relationship.
Back to your original question. Everyone paying the same amount feels fair to me.2 -
Seems fair to me. You will be a lodger. How the brothers divvy up your rent is up to them.0
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They should draw up a lodger agreement.I am an Independent Financial Adviser (IFA). Any posts on here are for information and discussion purposes only and should not be seen as financial advice.0
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Well not really, as they have more rights as a tenent.DE_612183 said:Well yes - but it's just like renting a property - you are in effect paying someone else's mortgage - it's just they have decided the work out the "rent" based on lower figures.
Is the relationship likely to be long term?
If so is there a understanding that when the property is eventually sold and the brothers go separate ways that any proceeds will go towards your "new house"?0 -
Speak to your boyfriend and advise him not to refer to any of your contribution as part payment of the mortgage as it might come back to haunt him in the futureGather ye rosebuds while ye may0
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