Is it wise to sell your house and buy another with a partner

[Bebenama]

I’m currently single mum, own my house outright. Previous partner suggested I sell my house and use all the proceeds and buy with him a house, he was going to contribute but only 40k and whilst I put in over 150k. I say no I would rent my house and we equally buy new one.
It seems a lot of people expect this arrangement which to me is not fair especially if you have bought the house before meeting and have children from previous relationships to consider.

please can you tell me your opinion and experience or what would you do?
really want to know how I can do things regarding my house and buying another in future if I meet someone. What is sensible and fair?

how can protect my house if I get married in future?

Only as equals. Keep your home and rent it out.

Keep your own house, rent it out, both put 40k deposit on a new house, don’t get married.

I had my own house with a mortgage but wanted somewhere a bit nicer. This was possible when I met my current partner but he didn't have as much equity as I did to put into our home so we have a deed of trust. My will states that he can continue to live in the house five years after my death (I felt this was fair to him and to my adult children). I don't think I will ever marry him as this has so many financial implications that would affect my children's inheritance.

No. Absolutely do not sell your house. Do as you suggest and rent it out.

When this happened with my ex, I extended the mortgage (which I'd paid down significantly, so there was plenty of equity to do this) on my property for my contribution to the deposit (his came from his parents). It meant that when we split 15 years later it was one of the things that gave me the confidence to do so - having that income/a bolt-hole if I needed it for me and the kids.

if you get married, try to ring-fence that property off, so it's always yours and the kids, and can never be part of a settlement.

I know we all want relationships to last, but we also all know a lot don't and you should always be prepared.

Yes, don’t sell. Somewhat off topic, but an acquaintance had her mum’s ex husband come out of the woodwork TWENTY years after they divorced and he managed to get her mum’s house after she died, that he didn’t contribute a penny to. I think because they didn’t have a financial order in place upon divorce.

Property and money turn people into monsters.

No. Way.

Yes I agree with others , you need to be tenants in common ( not joint owners) and you need some pretty robust paperwork and a will stating your input. I own over 70% of our house that’s all money for me and my kids. Not him and his.

I was originally going to keep mine to rent , we brought this one on that basis but the second stamp would have been like £90K and that just felt like wasted money. So I sold up and we purchase together.

keep a record of everything, see a solicitor for advice on how the protect your asset. Good luck

I certainly wouldn't. If you split down the line, you'll be in a much worse position than now. Of course, you might, even if it doesn't feel like it now.