Security of a Leaving fund

[Rollycoasty78]

I’m nearly 46 year old, living with partner and our individual children. My partner owns the house (I moved in a year after he had bought it but I pay half towards the mortgage and half of all bills). Thinks aren’t doing good at the moment and as I have debts(some my own and some joint) , low income and no actual house as it’s in his name, and that really worries me and me and my child would be screwed if it ended .

My mum has recommended saving up incase the situation becomes untenable, but I won’t be able to save a lot as we have joint finances and I don’t earn loads. I would require a deposit, first months rent and money for furniture.

Has anyone else been in a similar position?

You shouldn’t be paying half of his mortgage.
Get your own bank account with any wage and child benefit paid into it, then DD over your share of bills. Save points from Tesco/Boots/Sainsburys.
Can you move in with your mum? Can you work more hours or look for a higher paying job?

How many years have you been living there? Is there any proof you have paid half the mortgage?

My mum lives abroad so sadly not. He would find it strange if suddenly I wanted to separate finances and no be very paranoid.
I can look into the job situation.

Two years, I transfer money to his bank account. That’s the only proof.

If you contribute by bank transfer then that’s evidence. Better than giving cash. You’re contributing to the household expenses, and if you pay the bills by DD then you’ve evidence of that too. If you signed an adult occupier form when you moved in you may have signed away rights - if not, then it’s a valid contribution. I’d suggest finding a solicitor that runs free legal clinics - they can give a half hour advice for free so make sure you write a concise list as time is precious.

A fund is a good idea - I have one which I call my F OFF fund, it’s security for prepping to leave. It’s good that your mums supportive.

I have money in Premium Bonds for my ‘escape’ fund.