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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31768
Experience:  Over 5 years in practice
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IF I BUY A HOUSE £345,000 PUT £250,000 OF THE MONEY IN

Customer Question

IF I BUY A HOUSE £345,000 PUT £250,000 OF THE MONEY IN MYSELF WHICH WAS GIVEN TO ME BY MY LATE FATHER, AND THEN PUT MY PARTNERS NAME ON A MORTGAGE FOR THE OTHER £95,000 BETWEEN US , IF THE COUPLE SPLIT , IS THAT RIGHT SHE IS ONLY
ABLE TO GET HALF OF THE PROFIT FROM THE HOUSE OF £345,000 IF IT SELLS FOR SAY £365,000 HALF WOULD BE 10,000
Submitted: 1 year ago.
Category: Law
Expert:  Harris replied 1 year ago.

Hi, thank you for your question. Are you married to your partner and has the property been purchased yet?