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Buying again with new partner

  • Frenchconnection
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26 Feb 08 #15131 by Frenchconnection
Topic started by Frenchconnection
Hi all,

I'm in the process of a very amicable divorce andrecently got Nisi. House sale of FH went through last week and unfortunately due to paying off debts the equity is all but gone, although I'm debt free for the first time in years.

My new partner is selling his house (I'm renting ATM) and we'd like to buy together, it'll be fairly large as we both have children with us for half the week. He has £50K+ of equity and I want him to feel secure in putting it into a joint property, he had a drawn out and messy divorce and his ex got alot of money.

Anyone know the best way to ensure his money is safe if things don't work out? I can't see that they won't, we are both 100% certain about each other and he's not bothered at all about using his equity for a joint home, but I feel very strongly that the money he's bringing into the relationship is secured for him.

Thanks!
Tintin girl

  • attilladahun
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27 Feb 08 #15147 by attilladahun
Reply from attilladahun
Agree to purchase as Tenants in Common so shares are defined....so cast in stone but if you marry then Court can if fair alter the same.

or

Have a Declaration of trust prepared to achieve same result as above

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