nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Child Item

Saving issues.

mycro2013

Hi,
Not sure if this the right thread for this.

Currently in the process of applying for a mortgage. My partner of a number of years seems to think that as I have the deposit saved she should not have the need to save a contributory amount and that my funds should be used for the application.

I've said repeatedly that a house purchase should be a team effort. Any views on this will be greatly appreciated as it a source of disagreement. Thanks.

Find more posts tagged with

Quick Links

Comments

Pinoy adventure

50/50 otherwise it's a no go.why should you account for her lack of willingness too get this together.

bitofabind

OP financial incompatibilities are a leading cause of separation and divorce for couples. I broke up with a very long term partner because of not seeing eye to eye on this stuff and feeling like I was single-handedly responsible for the kind of future we would have together.

I’d be postponing plans to live together and purchase a property together before you’ve ironed out exactly who contributes what and what your needs and expectations are in this relationship. A frank conversation is badly needed here.

mycro2013

wirelessdude01 wrote: »

She should be contributing a substantial amount. This should be related to what she earns.

You need to have a chat with her about finances going forward. Is she one of those people who tends to spend what they earn?

When we bought we contributed the exact same amount even though she earns more than I do. Having said that I'm a better monthly saver so it wasn't an issue.

I have being consistently asking her to put some cash aside for a mortgage. She spends what she earns I've ask her to get a part time job to get some additional temporary income while saving but she refuses point blank. I'm working overtime to get additional funds.

It was meant to be a joint mortage but her record of saving is non existent so I've applied individually as a house in the area has come available. Any time I bring up the finance issue she gets offended. I ve offered her the services of a financial advisor but no go.

eviltwin

Hard to say OP without knowing more. How long are you saving? How much do you both earn? What are her spending habits like? What’s the plan with mortgage payments? How serious are you about her?

When we bought our house I put up the entire deposit. He pays half the mortgage. It was just circumstances at the time meant I had savings and it wasn’t an issue. Depends on the relationship though. How long will it take her to save half?

wirelessdude01

She should be contributing a substantial amount. This should be related to what she earns.

You need to have a chat with her about finances going forward. Is she one of those people who tends to spend what they earn?

When we bought we contributed the exact same amount even though she earns more than I do. Having said that I'm a better monthly saver so it wasn't an issue.

RurtBeynolds

It's a 50/50 relationship. If she wants to buy a house with you, she should be putting up half of the deposit. End of.

Xterminator

here is the thing. you are buying a house together and you have never even talked about finances seriously?

It is not necessary she contribute the exact same amount as you, its unlikely you are both earning exactly the same and your current expenses are identical, but you should at least have discussed what your expectations and financial priorities are. You know, have a plan?

My advice would be to slow down the house plans and work on the communications part. you both sound like you have different priorities.

strandroad

Is it a joint mortgage?