Husband added to mortgage

[NewtyB]

Was wondering about people's opinions on when is the right time to add a spouse to your mortgage.
For background - I entered the marriage with 2 properties - the house we live in and a rental. Both in solely my name on the mortgage. I work in a well paid industry and have worked hard to build myself up to a good salary.
DH also works really hard, but is in a super competitive industry, and even working full time will earn around 1/4 of my salary. We can't rely on his income all the time (contract work) and so live off my income and use any extra from him as rainy day/play money.
He is of course keen to have his name on a house at some point, but when would you be comfortable adding it on? We have a baby on the way.
Worth mentioning also we have a prenup that says whatever is in our names, stays solely ours if anything were to happen, anything joint is split (not that I'm expecting that to happen!). What's a reasonable amount of time to be married to add his name? He's not remotely in a rush I'm just curious of other opinions and experiences.

Never.never add them unless it's a tenants in common that reflects precisely how much equity you brought into the marriage respectively. And have everything protected by a trust so that you keep hold of your assets if anything ever goes wrong.

Read enough threads on here and you would be wise to not add him to your mortgage ever and keep your prenup..

What country are you in? From what I’ve read prenups mean nothing in the UK. It’s more about the length of time you’ve lived together and been married for which affects what his rights would be if you were to split.

I would put your properties into a form of trust for your child so they are forever untouchable

Why did you both agree that particular prenup? Presumably at that point you had some kind of conversation? I'd expect any assets built up in the marriage itself to be shared, as a more usual prenup

@Moredrama - in the U.K! You're right, but judges do take them into consideration if needed. For the sake of the minimal amount it cost, we thought it was worth it in case.

@ArcticSkewer mainly for the purpose of my rental property that I'd had for several years before meeting DH. He didn't like the idea that if it didn't work out very quickly (you never know) he'd be entitled to half of something he'd never even seen. Also for purposes of future inheritance. Question more I guess now for the current house we live in, which I bought just before we got married.

Well he wouldn't have been entitled to it after a short marriage - or very unlikely.

How much is currently invested in the house? Is it a lot or mainly mortgage?

You married him and are having his child? And now is the time to question assets?

Honestly you need to make sure he’s looked after if you die and he has to raise the baby.

You need to seek some legal advice for both your futures.

How long have you been together and then how recently did you marry? I think the length and long-term commitment demonstrated would make a difference. Personally, I couldn't imagine buying a house for myself just before I got married but not including dh, so it makes me think that the relationship hasn't been that long, if you weren't already living together and planning for a house purchase together just before marriage.

Ultimately, if this is a long-term serious relationship, your assets should be shared, with initial investments ringfenced. But I think if this is still a relatively short relationship (only a couple years) and you haven't lived together long, I would be hesitant to make any big changes right now, despite the marriage and baby.

Also consider that you may have to pay stamp duty depending on the value of the share you transfer to him. You don’t get automatic relief for being spouses unless the transfer is due to a divorce, according to the gov website anyway.

My husband isn’t named on my property. He doesn’t need to be. The only advantage is his, in a divorce. If I die, he gets it, while I’m alive he gets all the benefit. He doesn’t even want to. Because he doesn’t anticipate screwing me over.

if we do divorce, it’s one less bit of admin. The value is still a marital asset, it just saves paperwork.

Surely if you're married, it makes little difference?

I've been through exactly the same situation. If you're married, you can't protect your assets. Starting point is 50/50 (with him entitled to more if he's the lower earner ) if you split.