No loans existing at all. We are both renting seperate properties too.

I’m not saying I would do it, I’m just asking how do they determine what a partner is? To me if you were living with someone either married or in a defacto then that’s a partner. But they can’t consider a girlfriend that you don’t even live with as a partner? Or do they?

@ Brian..she only just got the money as her settlement, in fact it’s still…[Read more]

But we don’t live together. She’s just my girlfriend. We’ve actually broken up before for a few months. Hypothetically Say I was to break up with her then buy a PPOR using FHOG and then We get back together a few months later and she moves in? Surely a partner is defend as either living together or a defacto relationship?

But if I brought the PPOR in my name how would they know she even exists. We’re not married or anything. Then a year down the track we would put her name on the title as well.

Thank you both for the replies. As far as the loans go we dont need to borrow for this property. Originally we were looking at borrowing $100k and getting something around $400-$450k. And this is where it gets complicated……the settlement money is hers, But my partner cannot get a loan whilst unemployed and on Newstart, and she hasn’t found…[Read more]

So that would overwrite everything else such as family law etc?

What about contracts and pre-nups all that sort of thing? Surely they would protect us both?

It’s not so much that I have doubts. Despite our problems we’ve been together almost 4.5 years and have always said we would get married and move in together. We can’t at the moment as she can’t move out of the area she’s in until her daughter finishes school.

We’re both keen to purchase an investment property together but we both just want to…[Read more]

She gets newstart and child support which covers her living expenses, but why does her income need to cover the investment when the rental returns will more than cover them?

So what are her options then? I suppose to buy a property outright with what she has for her settlement without borrowing any money?

So a couple of ways of going ahead from here
A) Buy a place outright that doesn’t need a loan
I’ve tried to convince her to do this. But she was convinced she should borrow and buy a better property.

B) Get a job / start a business to have income that can be used for loans
She’s been looking for and applying for jobs for the past 12 months now. D…[Read more]