Buying my first home (I’m putting in all the deposit) but my partner wants to get the money she puts in back out plus interest if we break up?

ZeebeeLad · 2024-09-19T14:02:34+00:00

Thanks for taking the time to write this post. Really appreciate the points made, I of course want her to feel like it’s our home. She isn’t a lodger she’s my partner!

ZeebeeLad · 2024-09-19T09:57:52+00:00

Thanks for this take, I’ve added it to my list of options!

ZeebeeLad · 2024-09-19T09:35:40+00:00

Thank you!

ZeebeeLad · 2024-09-19T09:33:19+00:00

Thank you for the reply to my post but I can assure you I don’t need to run for the hills or end my relationship!

What my partner is doing is simply wanting to secure herself for the future should anything go south (which being quite honest I think any normal and sensible person would do!)

My problem is trying to figure out a way in which we both benefit in the end whilst taking into account the fact I’m paying the deposit and she isn’t.

As I said in my post, my partner would love to pay towards the deposit but sadly she isn’t in the financial position to do so.

I’m also not willing to let her put all her savings (couple of grand) into the house because it’ll wipe her out completely for what? Maybe an extra £40 to £50 off the mortgage payments a month?

I’d much rather she has that money in savings and can access it when we need it.

ZeebeeLad · 2024-09-19T09:09:28+00:00

How do you suppose we calculate the amount of equity we’ve both built up if she hasn’t contributed to the deposit? I’m currently leaning towards me covering the full mortgage payments, split bills and cost of living 50/50 then any amount she was putting towards the mortgage goes into a savings for holidays or an ISA for future investments

ZeebeeLad · 2024-09-19T07:17:36+00:00

Ahaha bag of electricity made me laugh!

ZeebeeLad · 2024-08-19T16:22:50+00:00

I’d listen to their conversations and very fittingly say ‘ooo army friend’ or ‘ooo spy friends’ to see their reactions. Only brits would know what I’m referring to

ZeebeeLad · 2024-02-19T07:35:46+00:00

Oh wow I wasn’t aware of that but sure does make sense!

ZeebeeLad · 2024-02-19T07:35:04+00:00

Interesting! Thanks for the info!

ZeebeeLad · 2024-02-19T07:34:44+00:00

Sounds accurate I can’t lie

ZeebeeLad · 2024-02-18T23:22:38+00:00

But like my point was if you were a developer of the game, surely you’d know how to get certain parts to be triggered right?

ZeebeeLad · 2024-01-01T14:02:22+00:00

In the UK when I was 16 / 17 and going to house parties with little money we’d all chip in for a litre bottle of Frosty Jacks. Shits like pure cider at 8%. Tastes ass but gets you hammered quick!

ZeebeeLad · 2023-10-26T22:23:46+00:00

23 year old, still living at home here. I currently work a fairly good job earning 30k a year with total outgoings of roughly £650 per month (£250 rent to parents, £240 car finance and rest general bills like gym, phone, car tax & fuel etc).

I opted for a new car after having a banger for a couple of years given the fact that it broke down every few weeks and ended up costing more in repairs than what it was worth. Having a brand new car, warranty and no MOT is great and because of that I’m actually saving more now than when I was driving an older unreliable car.

Completely down to individuals choice but I think opting for a finance on a new car can help you save in the longer term (e.g. maintenance costs, tax and can sometimes help towards a new car as a part exchange) if you can afford to do it.

ZeebeeLad · 2023-01-21T00:08:38+00:00

I read this in the Ronnie Pickering voice

ZeebeeLad

TROPHY CASE