Is it a problem to live in someone elses house...?

[RaspberryCheese]

Is it a really big problem to live in someone elses house?

Apart from the issue of not building up your own equity, there is an unequal balance of power isnt there?

It might be that you moved into someones home and paid toward it but are not a registered owner via land reg.

It can surely cause problems long term.

[stickytoffeevodka]

If you're married it's different, but if you're not married for the love of God don't pay anything towards someone else's mortgage unless you're on the deeds. It's just empty money and means nothing - if you break up you have no claim on the house.

Put the money into savings or buy your own place and rent it out so you have a cushion if it goes wrong. Or get married/get your name on the deeds ASAP.

[lavenderhoney]

Does it matter who's name the house is in if you are married? As then it's your home and any equity is shared anyway? It doesn't occur to me as I'm married that any equity is mine alone iyswim.

If not married then I probably wouldn't move in, but it would depend on my expectations / situation I suppose.

[MimsyFluff]

I also think the best thing to do would be do your share of the bills (not mortgage) and save as much as you could to buy your own house then rent it after after saving for a deposit.

ProfessorSillyStuff if there married won't she be able to claim some of the property and land?

[Lookatyourwatchnow]

I live in my DPs house and pay half the mortgage and bills. But I have a house that I rent out so I am building my own equity at the same time. I suppose if we split up there would be less hassle separating our assets. Still not ideal though.

[HoHoHoHo]

A friend of mine lives with her partner and pays towards bills but is saving and they plan to buy together. She wouldn't be able to afford to save if she was renting and if it goes tits up she at least has a financial cushion now.

[RaspberryCheese]

I think there are a number of issues ;

Firstly there is the lack of security,i am you are simply there via someone elses charity and goodwill

There is a balance of power issue as you are potentially subordinate

[edibleweirdo]

I live in my husband's house and pay nothing (he's mortgage free). I'd never pay onto a mortgage my name wasn't on. I don't see it as 'risky' as alone i couldnt dream of a mortgage anyway, if we split i'm just renting like everyone else.

[ProfessorSillyStuff]

Bellamuerte, I agree. It's really sad. I don't care about inheritance, I've always been "poor" and likely always will be as I can't hold a job due to autism. I have other types of wealth though :)
What I do care about is my Mum having no security in her old age but I can't make her do anything about it or do it for her. Most unfortunate. I will always be there for her though and though I don't have much I will be able to catch her if needs be :)

[Bellamuerte]

If your DP owns the house and you're not married, you can basically be kicked out on the street at any time without notice. Not a good situation to be in!

@ProfessorSillyStuff your mum should really see a solicitor if she's paid that much into the mortgage, to secure her own future as well as your rightful inheritance!

[ProfessorSillyStuff]

Yes, have a backup plan! Or two. Unfortunately when my friend looked into moving out, it was really hard to get a place and she ended up losing all the furnishings that she had paid for as she couldnt afford a moving man and van and when she and the police came back to get all her stuff the lovely fella said hed paid for it all and she had no proof of purchase as most was bought second hand
He'd always seemed a reasonable guy but when they fell out he became bitter and vindictive :(

[MyBrilliantDisguise]

ProfessorSillyStuff, if your mum saw a lawyer she might find things were better than she expected. She's married and has paid into the mortgage. There's no reason she should be worse off.

[MiddleClassProblem]

I moved in with DH, I paid him rent money (my choice, my idea) as he let out other rooms that covered my bills etc and I preferred it to getting somewhere with a bloke as it was clear if we split I move out and no messy who goes, tenancy stuff, where to etc. I am lucky though as where I lived it’s fairly easy to find a flat share at short notice and I like to move on, start fresh. None of this was necessary as we got married and bought a house together but I always had a back up plan in my mind.

[ProfessorSillyStuff]

I would never pay money, say, into someone's mortgage unless my name was down. My mum did that, paid £30,000 into her new husband's mortgage. Now he wants it all to go to his daughter. He's bought a house for his daughter. He's bought land for his daughter. He's bought land for himself. But my mum's name isn't on any of it.
I think she would divorce him but knows it would likely bankrupt her.

A friend of mine lives with her partner in a flat he had rented before she met him. They had an argument before and he made it clear he would be able to throw her out with no notice even though she has been paying rent for 3 years there. She has no rights at all. They have 2 children and her husband does nothing and uses this nonsense to get his way all the time.
Why do you ask op?

[Angelf1sh]

I guess it’s only a problem if you split up or if they die before you. As you’ll never be able to rule out either of those happening, it’s a risk to say the least.

[MyBrilliantDisguise]

I would hate to do it and I'd hate someone to move in with me, too. I had a lodger (friend of a friend's daughter) for a few months and really hated it.

[ProfessorSillyStuff]

It's not good. If you haven't moved in together yet, much better to buy/rent a new home 50/50 with both names. Otherwise what security do you really have?