Mums partner 6 yrs want's her to lend him all her life saving for a loan to buy larger house she won't be on deed for.

She would be an utter fool

I think this was a conversation that needed to happen anyway. Your mum's nest egg appears to have given her some element of security but what you hint at is unclear discussions about finances despite being involved in long term joint life plans. Having vague agreements like - marriage would complicate things and our son will be looked after, does not lay out the terms of what is going to happen should there be a change in circumstances. Perhaps this is a good opportunity for them to both sit with a legal adviser and be clear not just about the bridging loan but also what is intended to happen in a range of future circumstances. This is such an important conversation as although everyone gets along now you want to know what it will look like in death and ill-health. The youngest member of the family will likely be the most effected if there is a rift.

Why doesn’t he just get a bridging loan from his bank/mortgage company?
A= because then he'd have to actually repay the money!

Absolutely no. He doesnt want to commit to your mum. She's good enough to lend money off. No way.

Surely she could use the money to buy her own house she doesn’t need to buy him one!

What else can I say but.....no no no no no no. I've seen this before.

She's worried but she also trusts him......
A family friend lost 30k to a new wife he 'trusted'. She gave his life savings to her adult children. For some unknown reason he made his savings account their current account. That essentially made it her money.

They have been together for 6 years and to be fair he's a nice guy.....
A seemingly 'nice' man I knew groomed a woman with a huge inheritance. He had colossal (six figure) debts from a failed business and was on the verge of bankruptcy. They had a 'whirlwind romance' (wonder why). He waited till they were engaged and the wedding booked before telling her. Reader, (unbelievably) she still married him......

Moral of the story. Never, ever, ever disclose how much money you have.

Even this isn’t enough really. The solicitor would also need to create a lien on the property for sale. This will include checking that no-one else has a say over where the proceeds go- eg no other loans taken out against the property, no re-mortgage, no other parties on the deeds etc.

It’ll cost a fair amount to pay for this work to be done!

Why doesn’t he just get a bridging loan from his bank/mortgage company?

We don’t know what her financial contribution is to the arrangement or how much she earns compared to the partner. She may be paying more toward other family/household expenses as is common in arrangements where women think they can trust the partner who owns the property.

The partner has a bunch of ring fenced money of his own, he can draw on that if he wants a cheap bridging loan without the cost of paperwork/interest payments.

The only way I would be doing this is by taking out an all monies charge on the property (effectively a private mortgage), so that my money was secured against the property with an interest clause if not paid back. I did this when I got together with DH and used the money from the sale of my flat to pay off his mortgage when we moved in together. However, in that case, there was no commercial mortgage to factor in, I was paying off the mortgage. On a new purchase, if there's a commercial mortgage required, they will not lend if money is required from an additional party by way of a loan, and I would not want to be either an unsecured lender or a second mortgagee, let alone defrauding the mortgage company by pretending that I am "gifting" the money in the blind hope I ever see it again. So a hard no from me.

I don’t think she should even think about giving him a loan, even if it is tied up in silk ribbons by a solicitor. On the deeds, or marriage - however “complicated” which btw is the shittiest excuse for not marrying anyone I have ever heard or no loan.

NO, NO, NO!

Absolutely no way she should do this. She is risking everything, all her money and a place to live. He needs to find another way tondo what he wants to do. Can you get your name on her accounts and ensure it needs both your signatures to protect her.

NO. Ask his grown up adult children.

He probably spends hours of his days thinking up good excuses he can give your dm for not returning her money to her....
It's hard to believe decent sensible people still fall for such scammers...
Which is what he is...

Wills don't guarantee anything they can be changed within hours.

My aunt did this for her partner but she made him update his will to designate her the money in his will just in case something happened

That's all very well in theory, @Matronic6, but wills can be changed on a whim, and not necessarily with the supposed beneficiary's knowledge

To be clear I'm another who thinks the mum would be mad to do this, and I'm not sure why OP's not explained why he can't just be asked to get a bridging loan

That said she's not mentioned if the mum works or ever has since meeting him, and whether she's made any financial contribution to the home at all.
Because if not, and if she was foolish enough to hand over all her savings and things then went wrong, I can see this getting nasty with the family claiming "Well you've enjoyed a free ride so far ..."

Why?
Ops mum is living comfortably in his home and not spending her ring fenced divorce money!

Does she pay half the bills?

@Moniworries but st the moment if he dies she has no house because it isn’t hers

this needs to be a wake up call

Matrons & rubyslippers

Have said it all ! Do not do this

My aunt did this for her partner but she made him update his will to designate her the money in his will just in case something happened. Well the house took longer to sell and was then lived in by one of his kids for a bit then back on market, he died suddenly before it was sold.

What then ensued was a very bitter reaction from his adult children about her taking their inheritance. It got very bitter and we were all very shocked as it was made very clear in the will the money was actually hers in the first place. Was a nightmare and aunt was so relieved she had the foresight to insist on this.

Is your mum stupid? Because that is the only reason someone would do this.

Very unreasonable to even suggest lending that much in a verbal agreement with no protection for her!
Bridging loan from a bank so she is not at risk, or
put her on the deed so she is protected. There should not even be discussion of this very high risk option for her (no risk to him).
Marriage is too complicated so can I have 250k ?
Bollocks.

The only way she should do this is by her owning the new house until she gets her money back then transfer the house over to him. A lawyer could do this agreement and they can still move into the new house together.
it would be a shame to lose out on the new house when the money is there to buy it.

If he doesn't want to marry her to protect "family truat and work shares" then he shouldn't be asking for her money imo.

He's not put her in his will so if something happened, she isn't in the will or NoK and relying on generosity of his brother.

Sounds like he's getting all the perks of being married with none of the commitment or responsibility. They're either a unit or they aren't, it seems he's just taking what he likes.

He can lend from his trust.

Hard no from me.