Urgent mortgage advice please - thank you

[Help1307]

Posting here as had posted in relationships but told better here -

We are buying a new house and current house is joint (both earned equally until I had DS2). I was doing bedtime with screaming tired DC and DH asked me to sign a paper saying oh it’s nothing just about how house is shared between us. I signed.

Just seen the email he sent to solicitors and opened the attachment which tbh I wouldn’t usually do bc I trust him and it is now saying we are buying as tenants in common - him 80pc and me 20pc.

Wtf does this mean?

If we buy the new house and we divorce - does this override the fact that we have been together 19 years and have 2 DC?

Does it override fact that normally assets would be split?

Or would it mean that if ever we did divorce I really would only get 20pc of house?

I can’t understand why he has done this. I only earn less than him now as went part after second DS. Otherwise for last 19 years we’ve been pretty much equal.

I’m mad and I don’t even know if I should be.

Am I potentially losing money from last 19 years or just extra that would be paid in respect of new house?

Thank you

Get that signature rescinded immediately. In writing.

You need a serious chat with your husband. I would seriously contemplate divorce if my husband did that to me.

The home you are in is still 50/50 and so I would suggest you refuse to sell. If you don’t buy the new house then the document you have signed is irrelevant anyway.

Gosh I hope you got onto the solicitor first thing.

I don't see issue with tenants in common per se, there can be many good reasons for this, particularly if as in your case a disproportionate amount comes from one side.

Also the percentages don't reflect him protecting his inheritance.

BUT it absolutely should be discussed first. His tactics and that he's done this need serious questioning.

Gosh op, I'd be so hurt by this. I hope you have managed to talk to the solicitor. Thank god you checked, your H has been very underhand with this.

I'm not a lawyer, but my XH was. The bank manager contacted me after the split, but before the divorce to say that my XH was unable to repay a large loan, but I must. I said I had no knowledge of a loan. He showed me the document. I told him I was going to pop home and bring him some paperwork. I went back with my DS's birth certificate. I was in labour when I signed, high on gas and air! Luckily the agreement was dated and the bank could do nothing as I was unaware. I hope your signature on a document can be disregarded or rescinded.

@Help1307 please do update us to let us know if you emailed the house purchase solicitor to withdraw your signature from the document? Such a horrid thing for your DH to do.