buying a house together?

[the truth]

but what happens if we split?

I can afford it alone just about. but she has about 25 % of the asking price and is keen to be part owner?

but if we split or if we start arguing what happens then?
help:conf:

[Vicky.]

This isn't the same woman who robbed you a few months back is it? D:

[Vicky.]

Anyway, I don't think either can force the other to sell their share. I don't think it would work as one owns 25% and the other 75% either but not too sure on that.

If you argue/split and neither wants to sell..you are kind of stuck with each other

[Vicky.]

Oh I think I misread your post. You are talking about buying outright, you 75 and them 25? If you can afford it yourself, I would say you should go down that route tbh. Otherwise I would personally chose somewhere cheaper that I could afford on my own than take 25% from someone else, even if they really wanted to. Especially if its the same person who emptied your house not long ago. I would be saying that person couldn't live there at ALL tbh. Maybe overnight staying every so often but I wouldn't trust them with keys...

[Brillopad]

Anyway, I don't think either can force the other to sell their share. I don't think it would work as one owns 25% and the other 75% either but not too sure on that.

If you argue/split and neither wants to sell..you are kind of stuck with each other

Also if she contributes to the mortgage payments then she will be entitled to more than 25%.

[Vicky.]

Also if she contributes to the mortgage payments then she will be entitled to more than 25%.

As I understand it, if there is a mortgage..you cannot really split 75/25? Meaning, even if she pays 25% of it, she is still down as 50/50 owner on a joint mortgage? Never been in a position to buy (or get a mortgage, damn credit history :laugh: ) so this is definitely not my strong suit though

[Brillopad]

As I understand it, if there is a mortgage..you cannot really split 75/25? Meaning, even if she pays 25% of it, she is still down as 50/50 owner on a joint mortgage? Never been in a position to buy (or get a mortgage, damn credit history :laugh: ) so this is definitely not my strong suit though

Thought he was talking about the deposit. It is a complicated area as there are many things to consider.

If both contribute financially and both names on deeds, both live there and they are both involved in things such as home maintenance, paying bills, decorating, cleaning etc, especially if they have children together, then it would likely amount to a 50% split?

[Cherie]

How long have you known this woman :idc: and don't you have rental homes so you must know all this stuff

[Cherie]

Buy it yourself, save yourself a lot of hassle.

[Ronald.]

Bit worrying if you're thinking already what will happen if you split. R.

[Cherie]

Bit worrying if you're thinking already what will happen if you split. R.

its more worrying that he comes on to a Big Brother forum for financial advice :joker:

[Ronald.]

its more worrying that he comes on to a Big Brother forum for financial advice :joker:

Ha ha cherie . You're right. R.

[Kizzy]

Draw up an agreement to take out what you both put into the house and split any profit 50/50, both sign/date it and that should be enough shouldn't it?

[Brillopad]

Draw up an agreement to take out what you both put into the house and split any profit 50/50, both sign/date it and that should be enough shouldn't it?

Trouble with that is that some men fail to recognise the value of what women put in in other ways such as the general upkeep and maintenance of the house and garden etc, which can increase property values. If they have contributed financially as well I don't see how he can automatically expect to get 75%.

[Kizzy]

Trouble with that is that some men fail to recognise the value of what women put in in other ways such as the general upkeep and maintenance of the house and garden etc, which can increase property values. If they have contributed financially as well I don't see how he can automatically expect to get 75%.

Then both put into the upkeep and maintenance 50/50?

[user104658]

If both of your names are down as owners then you own it 50/50, regardless of who contributed what to any downpayment or mortgage payments, as far as I know.

Also Truth, if this is the same woman who ripped you off / ****ed you around last year... then you are a mug.

She could contribute her 25%, become joint owner, and then tell you that she wants to sell up and take her 50% of the value of the property.

Something else to (strongly) consider: If you jointly own a property, she could attempt to take out secured loans (probably for large amounts) against that property. Whilst that technically shouldn't be possible without you agreeing to it and signing the application, some of the "dodgier" companies don't seem to mind bending the rules, and whilst legally you should be in a strong position when it comes to not losing the property, you also have to consider the fact that something like that is likely to go to civil courts and incur court / legal fees.

I'm sorry to not put it in gentler terms but... yeah... you are going to end up being very badly burned if you get yourself financially intertwined with this woman.

If it's NOT her, and is a new woman on the scene then... for goodness sake [n]slow down[/b] man! You can't just go buying houses willy-nilly with women you've only known a matter of weeks :umm2:.

[user104658]

Then both put into the upkeep and maintenance 50/50?

It's not as simple as that, as with divorces. Say a couple has been together for 10 years. At the start, partner A was on £30k and partner B was broke / unemployed. In that time, partner B has become educated, started earning a six-figure salary, and the pair have started a property portfolio, but that is mainly paid for with the larger salary. Partner A is still in the same job on £30k.

HOWEVER - it is very unlikely that partner B would have been able to complete their education or get into their career without the support of partner A over those 10 years... AND partner A has missed out on progression opportunities (for example, that might have involved moving, or taking financial risks) because they were supporting partner B's progression.

When they split - is partner A not then entitled to more than simply "their proportionate financial share" of any joint assets?


It's very difficult to deal with and sort through things like this on a case-by-case basis as it will inevitably descend into one person's word against another. "But I gave up X and paid for Y for you!" -- "Hmph X was never realistic and I didn't even want Y!!" etc etc etc. SO - the only way to do it - is to say when you enter into this sort of relationship you accept that you LOVE and TRUST the other person and if it does go wrong in the end, the split will be down the middle, no matter "who took what" into the relationship. If someone isn't OK with that... they shouldn't become financially intertwined.

(As is the case with Truth - reading between the lines he has a lot more to lose than her and she [if the same woman as before] is not trustworthy.)

[arista]

Buy it yourself, save yourself a lot of hassle.


Yes the only way

[jennyjuniper]

If you have any doubts at all, DON'T DO IT.
I hate to sound judgemental, but your recent past history of relationships doesn't make this idea of buying a house together seem like a good idea. Why not live together in a rental property for at least a year, before making any big decisions like buying a house together?

[Cherie]

What if she pops out a mini truth in 9 months time :omgno: where would you be then, I don't believe for one minute you are contemplating this and if you are PAY for some proper legal advice

[the truth]

does anyone know much about tennancy in common and declaration of trust?

[DemolitionRed]

does anyone know much about tennancy in common and declaration of trust?

Yes https://www.rocketlawyer.co.uk/documents-and-forms/declaration-of-trust.rl# A declaration of trust is a crucial document for someone like yourself but you could still have problems. Children can change the agreement and so can death. You need advice from a lawyer.

[Cherie]

does anyone know much about tennancy in common and declaration of trust?

No.

[Withano]

arent you like proudly sexist? Am I being thick, how does a sexist man get in a heterosexual relationship? That confused tf out of me. Always assumed you never swung that way.

Anyway, yh buy it yourself.

[the truth]

arent you like proudly sexist? Am I being thick, how does a sexist man get in a heterosexual relationship? That confused tf out of me. Always assumed you never swung that way.

Anyway, yh buy it yourself.

No I'm not sexist at all. I just say the truth as I see it, not some indoctrinated BS, but thanks for the standard uncalled for nasty insult.

[Crimson Dynamo]

By far the easiest way is to buy yourself. If you love the person and think you will be together forever then go 50:50 but arrange with a solicitor exactly what would happen if you split as that will give you peace of mind.

[the truth]

By far the easiest way is to buy yourself. If you love the person and think you will be together forever then go 50:50 but arrange with a solicitor exactly what would happen if you split as that will give you peace of mind.

Thanks for your input, much appreciated...Yea just contacted the estate agent to withdraw from sale. if Id gone in alone Id have been pushing myself to the limit

[thesheriff443]

You should start of small, buy take away together and see who gets the last slice of pizza.
This thread should be taken as serious as some wanting to go to a and e with a paper cut.

[Niamh.]

Truth you were only on here a couple of weeks ago saying your g/f (ex g/f?) robbed all your stuff so you either got back with her and are considering buying a house with someone who already has form for double crossing you or you just met someone and are already considering buying a house with them or .............you are winding us all up since from stuff that you post on here suggest you are naturally distrustful of women :laugh:

[Livia]

but what happens if we split?

I can afford it alone just about. but she has about 25 % of the asking price and is keen to be part owner?

but if we split or if we start arguing what happens then?
help:conf:

If she puts in 25% and you split she will be entitled to her initial investment plus 25% of the equity. Unless you go to a solicitor and have something notorised, which I would strongly advise anyone to do.

[Cherie]

You should start of small, buy take away together and see who gets the last slice of pizza.
This thread should be taken as serious as some wanting to go to a and e with a paper cut.

:joker:

[Livia]

You should start of small, buy take away together and see who gets the last slice of pizza.
This thread should be taken as serious as some wanting to go to a and e with a paper cut.

Yeah, it's definitely not as valid as endless threads asking for help with relationships, work... all kinds of stuff. We'll all be sure to run everything past you next time.

[Cherie]

Yeah, it's definitely not as valid as endless threads asking for help with relationships, work... all kinds of stuff. We'll all be sure to run everything past you next time.

Oh come on now, asking for relationship advice is slightly different to asking for legal advice isn't it, there are plenty of specialist advice forums he could go on, this isn't the forum for it, or he could google it like most of the respondents did

[Crimson Dynamo]

cant people just be happy that the Truth has found love and his gf has gone straight?

:shrug:

shocking

[Niamh.]

cant people just be happy that the Truth has found love and his gf has gone straight?

:shrug:

shocking

http://cdn.thisisbigbrother.com/customavatars/avatar37810_1045.gif

[user104658]

cant people just be happy that the Truth has found love and his gf has gone straight?

:think:

[Niamh.]

:think:

Note : There's nothing wrong with Lesbians

[Crimson Dynamo]

and there is nothing wrong with moving in with your girlfriend


:fist:


:dog:

[Niamh.]

and there is nothing wrong with moving in with your girlfriend


:fist:


:dog:

Have you got some news for us LT? :laugh:

[Crimson Dynamo]

Have you got some news for us LT? :laugh:

https://s-media-cache-ak0.pinimg.com/originals/a9/6a/c6/a96ac622dc2d49d5c3ac2364ea71a150.jpg

[Niamh.]

https://s-media-cache-ak0.pinimg.com/originals/a9/6a/c6/a96ac622dc2d49d5c3ac2364ea71a150.jpg

spill

[Cherie]

Is pissing in the river a thing of the past for LT

[Niamh.]

Is pissing in the river a thing of the past for LT

:laugh2:

[Crimson Dynamo]

https://media.giphy.com/media/3o7ZeKNr1FoMJUhiqk/giphy.gif

[Livia]

Oh come on now, asking for relationship advice is slightly different to asking for legal advice isn't it, there are plenty of specialist advice forums he could go on, this isn't the forum for it, or he could google it like most of the respondents did

Oh... I'm so embarrassed. I had no idea you were the queen of who posts what where.

[user104658]

the queen of who posts what where

:joker:

That's Arista tho.

[Crimson Dynamo]

this should be in general chat tbh

[Niamh.]

Oh... I'm so embarrassed. I had no idea you were the queen of who posts what where.

The sounds like a Dr. Suess book :hehe:

[Cherie]

Oh... I'm so embarrassed. I had no idea you were the queen of who posts what where.

Make a note luvvie and don't forget :hee:

[Cherie]

this should be in general chat tbh

This should be in chat and games

# chanelling Arista

[user104658]

The sounds like a Dr. Suess book :hehe:

She posts things here, she posts things thar, she thinks she can post anywhar!

[user104658]

this should be in general chat tbh

I don't know, I reckon Truth's love life is serious news. ****ing baffling is what it is.

[Niamh.]

She posts things here, she posts things thar, she thinks she can post anywhar!

:hehe:

[user104658]

The Queen of Who Posts What Where

YfZBDmx9x5s

[arista]

She posts things here, she posts things thar, she thinks she can post anywhar!


Watch Out HOG

[Niamh.]

Watch Out HOG

:laugh:

[thesheriff443]

Yeah, it's definitely not as valid as endless threads asking for help with relationships, work... all kinds of stuff. We'll all be sure to run everything past you next time.

Don't know what your thinking is behind your post, maybe if the truth came in this thread and told us his current situation, but it was only a short while ago he put up a thread about his gf stealing his property, believe half of what you see and none of what you hear.
Or don't piss down my back and tell me its raining.

[arista]

This should be in chat and games

# chanelling Arista

Not Sure on This One
as buying a House together
was debated on TV News today
as a hard thing to do etc.

More Paperwork etc.......


Maybe its General Chat
as LT stated

[arista]

"Or don't piss down my back and tell me its raining. "


How Nice Sheriff

[thesheriff443]

"Or don't piss down my back and tell me its raining. "


How Nice Sheriff

Water sports arista, get your goggles out.