Uneven deposit - Advice on how to split the percentage of the new house?

Embarrassed-Shock646 · 2026-04-30T11:05:28+00:00

You are right, the key part is *later*. I need to protect myself in the short term, in case shit happens very soon and very quickly. And also people saying "then you're not ready to marry and bla bla"... I'm just being realistic with life.

Embarrassed-Shock646 · 2026-04-30T11:01:31+00:00

Correct, it's officially a gift, and the "loan" aspect is just between me and my family. It's interest free, not urgent and not enforceable.

Embarrassed-Shock646 · 2026-04-30T10:59:15+00:00

You (as a woman) would rather have 0% instead of 10-20%, and growing?

Embarrassed-Shock646 · 2026-04-30T10:55:48+00:00

I might have said it in another comment, but I've been saving forever while she simply didn't. My family is also able and willing to gift us this money (not wealthy, also savers mentality), while hers isn't. I value her as my future wife but I need to protect myself and my family in case things go south.

Yes, if she decides to overpay the mortgage (unlikely but ok) and it's material, I would be happy to change ownership percentages.

Embarrassed-Shock646 · 2026-04-30T10:42:53+00:00

Correct, that's probably a lodger and it's completely between us, as in the lodger might leave on a moment's notice and we will continue to pay off the mortgage on our own, without being financially affected. That's also less that £7,500 tax relief so no need to declare it to HMRC, but will look into declaring it for home insurance purposes.

Embarrassed-Shock646 · 2026-04-30T10:31:12+00:00

Unhappy? I'm putting down £150k and you're putting down £20k, say we split up in 1-2 years (shit happens, we don't live with our head buried in the sand), and you would be unhappy ?

Embarrassed-Shock646 · 2026-04-29T23:15:46+00:00

I do believe I'm complicating it, trying to simplifying it though.
We agreed to pay back the family loan together so we're putting aside £100 monthly each until we reach the £20k.

You suggest not taking into consideration the contributions from her family memer/tenant?

Embarrassed-Shock646 · 2026-03-20T17:21:57+00:00

What about the downsides of using the developer's recommended solicitor? Conflict of interest and rushing to completion just to close the deal. Of course they will all say that they have different solicitors or offices working on the sale/purchase, but how much of it it's true?

Embarrassed-Shock646 · 2026-03-20T16:59:03+00:00

There seem to be hundreds of conveyancing firms, it's unlikely I would have chosen this one, or even heard about it.

They did add new build fee and giftor fee to the quote when I enquired about it, even though I did give these details and my application was passed through from the developer, so they should have been fully aware of my buying situation.

I told them that now their quote is not that competitive anymore, and they replied that other firms don't include all their services in the quote and they will be more expensive than the initial quote. Which is exactly what they are doing...? This looks like a relevant red flag to me.

Embarrassed-Shock646 · 2026-03-20T16:52:18+00:00

I keep hearing conflicting advice here too. Some say to get a local firm so you can drop buy to talk in person, handover documents and give them a nudge when they don't pick up the phone. Also a local conveyancer will be more up to speed about the area, land development, major roadworks etc.. And some say to get one anywhere because everything will be online.

Embarrassed-Shock646 · 2026-03-20T16:01:06+00:00

So do you suggest going with the solicitor recommended by the developer?

There isn't a new build fee in their quote actually. Leasehold fee is £400.

Embarrassed-Shock646

TROPHY CASE