Hi,
I am considering purchasing a property with my girlfriend.
We both have €50,000 approx to invest.
I am aware of the tenants in common arrangement etc. however as she is currently a student she doesn’t have an income to meet 50% of the mortgage I will have to pay 70%-80% of the mortgage for the foreseeable future.
If things were to go bad and we decide to split and sell the place, we are both registered as 50% owners.
Is there anyway to have the repayment arrangements reflected in legal form so that if we do end up selling the extra payments from me are recognised?
I am considering purchasing a property with my girlfriend.
We both have €50,000 approx to invest.
I am aware of the tenants in common arrangement etc. however as she is currently a student she doesn’t have an income to meet 50% of the mortgage I will have to pay 70%-80% of the mortgage for the foreseeable future.
If things were to go bad and we decide to split and sell the place, we are both registered as 50% owners.
Is there anyway to have the repayment arrangements reflected in legal form so that if we do end up selling the extra payments from me are recognised?