Newbie-employee
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So, he took out a mortgage and purchased a house. I couldn't afford to contribute at the time but we wanted to split the risk/rewards everything (well, initially more the former than the latter - but he came around) so I am paying 1/2 of all bills, as well as making what contributions I can towards re-imbursing him for having to pay 100% of the initial deposit. (Idea here is I will eventually have paid him back 50% of the amount of the deposit and will eventually own 1/2 the equity in every way) (We are not pens and paper and calculator type people i.e. we have a fair idea of what is owed/owing and we want to be fair to each other)
Question is; if I have a small sum - as I occasinally have had in the past - I've given it 100% to him towards whittling down my share of the amount owing from the deposit. Should I instead pay it fully towards the mortgage (UB SVR) and deem it as if I have given him 1/2 the lump sum for the deposit? We're only talking lump-sums of about one thousand, two thousand etc etc.
Question is; if I have a small sum - as I occasinally have had in the past - I've given it 100% to him towards whittling down my share of the amount owing from the deposit. Should I instead pay it fully towards the mortgage (UB SVR) and deem it as if I have given him 1/2 the lump sum for the deposit? We're only talking lump-sums of about one thousand, two thousand etc etc.