Active discussions

Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Talk
Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

Original poster

Moving in together and finances

27 replies

Overthinkingismyforte · 30/05/2024 13:49

DP and I are talking about moving in together next year when we’ll have been together around 3 years. I have DD14 and DS12 both living with me full time, he has DD23 and DD19 both at uni. They’d both be spending a portion of their uni holidays at my house. My DCs’ dad pays child maintenance of around £520 a month. Monthly household bills come to around £1800 (mortgage, bills, insurance etc) but I’ll lose child benefit when DP moves in as he earns over £70k. I earn £47k. The house is in my sole name and I have no plans to change this. Finances can be a bone of contention so I’m wondering what the fairest way to split bills would be. Would 50/50 be cheeky given I receive child maintenance and also he’s contributing to a mortgage that he’s not named on? We haven’t discussed the practicality of moving in together yet, just that it’s what we both want, but I’m wondering what others have done who’ve been in a similar situation.

OP posts:
PrincessofWells · 02/06/2024 15:54

GerbilsForever24 · 30/05/2024 14:59

I haven't looked at this but the big difference in any kind of marriage, I assume, is that ALL assets are split. So, if he does have a claim on her house, she would ALSO have a claim on any of his assets.

The thing she needs to protect against now is him having a claim on her house because he has supposedly being paying towards the mortgage. It's a concept that makes no sense to me but comes up on MN ALL the time.

Has anyone ever actually been in this situation? Allowed a man to move in and he paid half costs, including mortgage, then claimed half the house when he moved out.

Show quote history

Yes, I know of a couple of cases where friends have had this issue. It would be ridiculous in the extreme for anyone not to protect their financial assets if cohabiting. Either a cohabiting agreement or some other document laying out financial expectations and what happens financially in the event of a break up.

PrincessofWells · 02/06/2024 15:56

@GerbilsForever24 It's based on Equity and Trust law.

New posts on this thread. Refresh page