house buying advice please

[cjjj2008]

I am the main earner, 90% of income, towards expenses and savings for a house. My husband contributes less than 10% income and housekeeping included. He has often suggested divorce, but still lives in same house together. We are able to buy our house soon (tenants under both names). he says we'll go 50/50 in buying it and both names on it. What are the consequences for me in doing any of this with him? What is best for me? i am buying it outright with my hard-earned savings from working. he has monthly holidays away (whilst I'm still working) and spends his income plus some of mine. Also bank accounts are in both names. Please give me advice!

[Postdog]

don't.

[cjjj2008]

don't - don't buy it?
I'm currently planning to seperate my money into an account under only my name (also planning to get my pay into that account) when the savings funds are released.
he's told me that bills will need to be paid (ie. he never has any pay to cover these costs) and direct debits will all have to still come out of my new account, which will take time to organise. sorry, but I really want help in getting this sorted, please further advise.

[Postdog]

I don't really have time to say all I thought, but in a nutshell, he sounds a wrong 'un, and I think it would be a bad thing to just compound matters by getting financially involved in this way. Also, if you do what you are suggesting, he gets far more benefit than you would. Think what happens AFTER you have bought it....

[cjjj2008]

ok, thanks
So you say I shouldn't buy the council released house
with him even if it is largely discounted?
As we share the tenancy, I will not be able to get him
off the rights to buy with me.
So I should miss out on buying it?
Or see if there is a way to divide the ownership rights legally?
still unsure?

[Velvetee]

Shame to miss out on a good opportunity, but the only person who can advise you properly about this is a solicitor. Maybe also place your post in the Law section.

From my limited knowledge, I think your husband is onto a good thing. If you can only buy the property jointly, then that is what you'd have to do, but selling the property would mean he has rights to half of any profits. It doesn't really matter if he contributes nothing financially.

Maybe the only solution is to contact the council and ask where you stand regarding the tenancy agreement if you divorce. Surely if he is on the agreement, the council would be obliged to re house your husband. If this works in your favour, then maybe buy your property after you divorce and providing your husband moves out.

[cjjj2008]

Thanks for your advice Velvetee.
I guess it is a law issue really, very true.
I will get in touch with the council and they'll tell me where I stand in this. I very much doubt he'll leave the house (he has it way too easy). I do agree with you, sell and half profits, if stuck with him. Then at least we can then move on (seperate ways then). I still find this divorce thing odd if only one wants it to happen, but doesn't want to move out, or like you say, at least apply/seek out somewhere else. I'll give it more time! Thanks for your replies!

[wonderfali]

Why not just buy it yourself as his income will have very little effect on how much of a mortgage you can take out etc. Then you can decide if you want him to live with you, or even charge him rent if needs be!

[cjjj2008]

hi wonderfali,
I will find this sale thing out soon - but i guess it will be released to both. So, i may not be able to get his name off the sale. I want to pay for it outright, if i can afford to, not sure about mortgages. But again there is issues of joint accounts - but i am currently individualising these. I am slowly getting my head around all that I need to look into, as I don't want to have any regrets and have to sort it out later, I'm getting it moving with all your help, thank you.