I’ve got a bit of a complicated situation and I’m not quite sure who to approach about it. I live in a shared ownership property...I own 40% outright but that part is held in a trust for my children as part of the divorce settlement (my ex refused to give me any money 🙄)
Anyhow, I’ve met someone and we’d like to live together. He’s currently renting a 2 bedroom flat so moving into mine makes most sense. But my boyfriend is understandably concerned that if anything happened and we split up he’d be unprotected and I could throw him out. We’re looking at getting married but I don’t know if legally that would protect him.
Options I’ve started considering are if he got a mortgage on part of the remainder of the house, or if we sold the shared ownership house, and used the trust equity on a new property. Would that help him?
But equally important, I can’t risk losing my children’s home if we split up. So I just don’t know how to resolve this, other than us not living together/getting married, which neither of us want.
Can anyone help me unravel this or do I really need specialist advice? And if so, do I need a property or a trust lawyer?