Prenuptuals - House Purchase

[Adam T]

The initial message was deleted from this topic on 20 April 2009 at 19:52

[Soovy]

Adam T said:

Purchasing a new home with my better other half. I am putting more deposit in then her, Qyuestion is, Is there a legal way to protect my money, should she leave me. It will be a joint names policy mortgage.

It may never come to it, but I had a friend who had a joint names mortgage, other half left him, and basically she walked away with half the equity in the house thast had built up, whilst not actually paying half a months mortgage whilst they were there.

I just wnat to protect what is mine - I am not trying to be harsh etc

Similarily, if I paid more per month, or made overpayments from my larger earnings, is there a way of taking note of this, should the worst happen?

I may be coming across as harsh, but I just want to protect what is mine. I am very comfortable with my o/h and do not plan on splittling up.

Any help is greatly appreciated.

P.s, it is our first time living together.

If you marry her, then she gets half.


You buy the house, give her a rent book.

[Coco H]

Would have thought you could get a solicitor to draw up an agreement - at least re: profit to be split in accordance with original capital ratio. If she is not going ot pay any mortgage costs then maybe all that should be returned should be her orginal capital stake. I don't know hoe you would make it fair though.

[Munter]

Coco H said:

I don't know how you would make it fair though.

As a generalisation. If theres a Woman involved you've no chance of that.

[MINIrocket]

Can't remember the exact name of it, but you can get your solicitor to draw up an agreement between the 2 of you, and put in whatever terms you like. For example, girlfriend and I signed one to state that if we did sell the house, then the deposit (the amount, rather than a percentage of the house value) comes back to me, and only then is the house split 50/50. This was only because I was putting in 100% of the deposit though!

Edited by MINIrocket on Friday 17th April 22:10

[princeperch]

MINIrocket said:

Can't remember the exact name of it, but you can get your solicitor to draw up an agreement between the 2 of you, and put in whatever terms you like. For example, girlfriend and I signed one to state that if we did sell the house, then the deposit (the amount, rather than a percentage of the house value) comes back to me, and only then is the house split 50/50. This was only because I was putting in 100% of the deposit though!

Edited by MINIrocket on Friday 17th April 22:10

Deed of Trust