What happens if we break up?!

edited 30 November -1 at 1:00AM in Mortgages & Endowments
3 replies 670 views
MikeBrown123MikeBrown123 Forumite
22 Posts
edited 30 November -1 at 1:00AM in Mortgages & Endowments
Morning all...

Just a quick one, I am trying to remember the name of this legal product... basically my partner and I are buying our first property together, she is putting about £18k in, and my about £12k. I want to ensure that if we break up that the first £30k will be split to show our respective deposits, and then the remaining equity will be split 50/50.

Its different to just saying she owns X% and I own X% though. I think I recall something called a Demonstration of terms or something similar but cant recall the term!

Thanks

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