Housing Dilemma

[Roughquest]

My fiance and I both own our own houses, he lives with me presently and his home is rented out. We plan to marry soon, however he wants me to sell my home and live in his house now (I have the most equity). However, ideally I would have like us both to sell our homes and buy somewhere new together for a fresh start, I am uncomfortable selling just my home before we marry, so what rights do I have if I do end up selling ? I know we need somewhere to live...but am in a bit of a quandry now as he keeps mentioning estate agents to put my house up for sale....

[Pigletion]

I would go with the 'fresh start' angle. It would obviously be nice to have a new house that is both of yours.

It also seems weird he wants you to move into his house if you both already live in yours. Could be a man having a freak-out things as you're getting married (yes, ok, girls do this too!).

Good luck

[cassa333]

Why does he want to do it this way?

(I am assuming this hasn't just been dropped in your lap out of the blue and that you do actualy talk to each other)

Who lived in his house with him and you in yours. In other words have you had previous husband/wife or girfriend/boyfriends? If yes then the best bet is for the fresh start.

However if not and he has a nicer house in a nicer area then go for his and viceversa with yours.

In this slow houseing market it could be sometime before you manage to sell anyway.

As for what rights do you have. Well that would depend on what you do and how you use your equity. Do you put it in to his house? Do you get your name on his deeds Does he contribute to your household and will you have to contribute to his if you move into his etc will all have a bearing on what happens if the marriage fails.

[bednobs]

why would you end up selling if YOU don't want to?
What do you mean by "what rights do i have if i end up selling?" You would have the right to any profit you have made i guess

[Barmaid]

Well you could suggest to him that if you sell your house and apply the proceeds to his house you acquire an interest (which you ought to protect under a Declaration of Trust). But if you can afford to keep both and rent out one, do so. It gives you an investment and a bolt hole if things go wrong.