£30 a month is a low price to pay for domestic harmony. I pay double that on dog chews to keep the old man quiet.
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Mortgage -joint or sole
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Perhaps I'm missing something...but any reason you can't still buy the property jointly, but have the mortgage solely in your name? Ie superficially it sucks for you, you're getting 50% of the asset but 100% of the accompanying liability...but if you're married, does that matter?
Perhaps there is an argument that getting her on the mortgage will be good for her long term, as she'll be building up some credit rating. I might be inclined to just get her a credit card (with a very low limit of course ) and ensure that's paid in full each month for this purpose.Comment
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Originally posted by konsultant View PostThank you all so far
NLUK - to be fair, I did mention in my OP that " My spouse has only recently started working as a permie (<6 months)." :P :P
For example your spouse could have been a full-time student in the UK for 10 years and so their credit rating could have not been good enough to lend on for a mortgage, but due to their residence in the country could easily be fixed by just working for 6 months."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by northernladyuk View Post£30 a month is a low price to pay for domestic harmony. I pay double that on dog chews to keep the old man quiet.
Again - I was never looking for joint name on deed and sole mortgage either.Comment
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Originally posted by konsultant View PostIts not about 30 quids or about domestic disharmony. We both are on the same page and willing to what is best for us. It was trying to understand if any of those options is better.
Again - I was never looking for joint name on deed and sole mortgage either.…Maybe we ain’t that young anymoreComment
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Good morning and thank you.
I know no one could make a decision for me - as I mentioned in one of the post I was looking to get wider opinions as I felt others may have had to make similar decisions in the past. It is always valuable to learn from others and use that knowledge to make a decision.Comment
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life lesson
Originally posted by konsultant View PostGood morning and thank you.
I know no one could make a decision for me - as I mentioned in one of the post I was looking to get wider opinions as I felt others may have had to make similar decisions in the past. It is always valuable to learn from others and use that knowledge to make a decision.Comment
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