To think DP is taking the piss over house costs?

[LurkioJr]

NB Edited for clarity and traffic:

Please help me with this one. My partner and I had a serious disagreement about money yesterday. We have been together for 8 years. Last June we transferred my house into joint names. I had 40k of equity and he paid 16k for an uneven share. He didn’t pay for half because (my recollection) he said he didn’t have 20k of ready cash. His recollection- he offered to pay 20k for half and I said no because it would clean him out. I then spent 23k on home improvements; he contributed about 2k for sundries e.g flooring, lights. He received a redundancy package of 35k in December and found a new job in March. At the time we put the house into joint names he earned 65k and I earned 40k, now we both earn about 50k. The final renovation we needed for the house was a new bathroom cost 9k. We agreed to pay half each. I have about 20k in savings mixture of cash and shares. It now transpires that he has 70k in cash and shares. 35k of that was the redundancy package; the other 35k he must have had at the time we agreed the house transfer. He thinks our deal last June was fair; I feel taken advantage of. I’ve asked him to pay me the 4K equity shortfall and to pay the whole cost of the bathroom renovations which he’s agreed to. It’s not a full 50/50 split of the total cost of the renovations but I think it will iron out in time because I’ll be asking him to foot the bill every time we need something for the house for the foreseeable future! AIBU to think he took the piss last June?

Bloody hell yes I think he tried to pull a fast one last year but your memory isn't as short as he hoped.

So he owns 28.6% of the house (16/56), and you own 71.4% (40/56), is that right?

If so, renovation costs should be split according to the same percentages, because that is the amount of equity/benefit that is attributable to each person.

The renovation costs are £25k + £9k = £34k. Because he owns 28.6% of the house, he should have paid 28.6% of that, which is £9,700.

@PomPomSugar

So, essentially, you have given him half of your home for £16k regardless of what the current equity is. You have an unregistered declaration of trust but are formally registered as joint tenants. In my opinion, this is a silly thing to do!

I missed this. This was a very silly thing to do, and if this is the case he owes you a hell of a lot more!

Wow I find this extraordinary!

When dp brought our home I didn't go on mortgage initially because of a debt that would have increased our payments. I can't imagine letting dh buy it and watch him scrabble around for a money and knowing exactly what he had whilst literally sitting on more.

Legally he owes equally to op now, as in half.

As a family lawyer would you advise a client to enter into an arrangement such as you did? I think not.

I hope he goes through with this and gives you the money you are entitled to. But he’s only done it as you called him out.

Different attitudes to money

Like what’s his is his and what’s yours is his? That sort of thing…. Seriously you’re obviously a lot younger than I. A lot of posters have been there, done that and been taken advantage of either by partners, families or so called friends.

he’s very loyal and kind if a bit of a grumpy northerner

You make him sound like a pet.

He's gaslighting you OP. She's not listening though so we may as well give up. Good luck.

Ooft and you're a Solicitor

Get every penny back abs then dump him.