Any opinions on my current situation?
My partner of 2 years (28F) will be moving into a property that I (27M) own with me. This will be the first time we are living together and whilst I am really excited, I would also like to approach it cautiously in case things go belly up.
She is renting currently and has no assets aside from a car /superannuation /savings.
I have spoken to a solicitor and I am meeting with her next week. She has advised to draft up a binding financial agreement, which would be quite a costly exercise (I know still a lot less than what I could potentially payout).
My question is what can I be doing in the interim to ensure that I am keeping my house solely as mine?
My plan is to;
- Keep finances separate
- Not have any joint assets
She (GF) doesn't want to feel like she is mooching off me so has suggested that either we go halves in bills non-related to home ownership or that she pay a fixed rental amount per month. I'm not as keen as I don't need the money and feel like it greys the area of home ownership.
Keen to get your thoughts. Hoping that any ideas you share I can then discuss with the solicitor when I visit her next week to have a more meaningful conversation.
Not sure if any further info is required. If so fire away.
My partner of 2 years (28F) will be moving into a property that I (27M) own with me. This will be the first time we are living together and whilst I am really excited, I would also like to approach it cautiously in case things go belly up.
She is renting currently and has no assets aside from a car /superannuation /savings.
I have spoken to a solicitor and I am meeting with her next week. She has advised to draft up a binding financial agreement, which would be quite a costly exercise (I know still a lot less than what I could potentially payout).
My question is what can I be doing in the interim to ensure that I am keeping my house solely as mine?
My plan is to;
- Keep finances separate
- Not have any joint assets
She (GF) doesn't want to feel like she is mooching off me so has suggested that either we go halves in bills non-related to home ownership or that she pay a fixed rental amount per month. I'm not as keen as I don't need the money and feel like it greys the area of home ownership.
Keen to get your thoughts. Hoping that any ideas you share I can then discuss with the solicitor when I visit her next week to have a more meaningful conversation.
Not sure if any further info is required. If so fire away.