What does that tell you about him?
My opinion would be that he pays his mortgage and that you continue to pay your mortgage on your property. Split the other bills and try to enjoy life with the agreement that if it all goes wrong that you will move out and back to your own property as soon as you can move the tenants out.
Whatever about the legal situation, are you sure you have thought this out fully? You are intending to move in with him, with your child, and he is thinking about financial consequences of a possible break up in a few years. What does that tell you about him?
If he is so worried, let him talk to a solicitor and get proper, reliable legal advice so as to protect himself. Then he'll be able to sleep at night, poor love.
Very very unfair post. Also, the posts claiming that he is afraid of commitment. Ridiculous.
I would be happier that I had someone who at least thinks of consequences before they act.
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