{"id":42001,"date":"2017-01-26T18:12:13","date_gmt":"2017-01-26T11:12:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-we-need-a-deed-of-trust-to-reflect-our-shares-in-our-house-purchase\/"},"modified":"2017-01-26T18:25:56","modified_gmt":"2017-01-26T11:25:56","slug":"do-we-need-a-deed-of-trust-to-reflect-our-shares-in-our-house-purchase","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-we-need-a-deed-of-trust-to-reflect-our-shares-in-our-house-purchase\/","title":{"rendered":"Do we need a deed of trust to reflect our shares in our house purchase?"},"content":{"rendered":"


\nAs an unmarried couple we want to protect our monies, but my partner is worried that if I pay for repairs her share will fall Q Two years ago my partner and I bought our first house together. Although the deposit we gathered was more mine than hers, we signed a deed of trust protecting our respective monies. It has since come to light that I am due to inherit some money. As there is still much to be done to the house, I had planned to spend around \u00a320,000 putting in a new bathroom, double glazing and front door \u2013 all necessary improvements we could not otherwise afford. My partner, however, has raised concerns that by putting more money into the property, I would subsequently be taking more out (and therefore depleting her share) were we to sell it and go our separate ways. What is the norm for unmarried people in this situation? She has suggested that she pay for half of the repairs, though at present she does not have the money to do so. Should I otherwise just pay for the cost myself and take the hit? Any advice would be most welcome. KM Continue reading…
\n
\nSource : theguardian.com
\nRead more…Do we need a deed of trust to reflect our shares in our house purchase?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As an unmarried couple we want to protect our monies, but my partner is worried...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-42001","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aVr","jetpack-related-posts":[{"id":117978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-putting-up-half-the-cash-for-a-house-what-should-i-get-if-we-sell\/","url_meta":{"origin":42001,"position":0},"title":"I'm putting up half the cash for a house \u2013 what should I get if we sell?","date":"July 27, 2020","format":false,"excerpt":"\r My partner is paying with part savings, part mortgage and he will deal with the billsQ My partner and I are buying a house costing \u00a3385,000.I will be contributing half the price in cash while my partner will pay for the other half with \u00a322,500 in savings and a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-uae-investors-need-to-buy-property-in-brazil\/","url_meta":{"origin":42001,"position":1},"title":"What UAE investors need to buy property in Brazil","date":"June 10, 2016","format":false,"excerpt":"\r Brazil may not be considered a likely location to invest in property for many when you consider its economic and political situation along with the threat of Zika and dengue viruses. But as this week's Money section highlights, there are gains to be made for the astute investor looking\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agent-fined-5000-for-holding-transaction-monies\/","url_meta":{"origin":42001,"position":2},"title":"Property agent fined $5,000 for holding transaction monies","date":"December 3, 2021","format":false,"excerpt":"\r The PropNex Realty property agent, Charles Tan Chun Peng, was fined $5,000 for holding $32,300 of developer transaction monies. A property agent was fined $5,000 on Wednesday (1 December) for holding transaction monies on behalf of a developer for the acquisition of a condominium unit. This comes after Charles\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/law-house-hammer.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120995,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-should-a-deed-of-trust-be-set-up-in-case-a-couple-splits-up-after-buying-a-flat\/","url_meta":{"origin":42001,"position":3},"title":"How should a deed of trust be set up in case a couple splits up after buying a flat?","date":"July 12, 2021","format":false,"excerpt":"\r My son wants to buy a flat with his girlfriend and has \u00a3280,000 for a deposit while she has \u00a320,000Q My son wishes to buy a flat with his girlfriend. He has approximately \u00a3280,000 in cash to put down as a deposit and she has \u00a320,000. I have also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26141,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-property-agent-fined-for-handling-clients-money\/","url_meta":{"origin":42001,"position":4},"title":"Former property agent fined for handling client\u2019s money","date":"September 15, 2016","format":false,"excerpt":"\r The cash amounting to $93,000 is the biggest sum involved, revealed the Council for Estate Agencies (CEA). A former property agent was convicted on Wednesday for handling his client\u2019s transaction money amounting to $93,000. Under the Estate Agents Act, it is an offence for property agents to handle any\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-brothers-are-trying-to-split-the-proceeds-of-a-house-sale-fairly\/","url_meta":{"origin":42001,"position":5},"title":"My brothers are trying to split the proceeds of a house sale fairly","date":"February 25, 2019","format":false,"excerpt":"\r Two of them put in \u00a375,000 each and the other \u00a33,000, but they don\u2019t have a deed of trustQ Three of my brothers owned a house together, which they recently sold. Two of the brothers put \u00a375,000 each into the house and the third brother, who has not lived\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42001"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=42001"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42001\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=42001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=42001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=42001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}