Pothecary Witham Weld Solicitors

Buying a property together is a big commitment emotionally and financially. It is therefore important that your interest is properly protected.

We can advise and help you clarify your interest in the property and also deal with practical matters such as the division of outgoings, mortgage repayments and circumstances for future sale.

Where two people own a property together, the beneficial interest, that is, the value, in the property can be held as joint tenants or as tenants in common. If the property is owned as joint tenants, on the death of one partner the survivor will become the sole owner. If the property is owned as tenants in common, the deceased partner's share will pass in accordance with his or her will or under the Intestacy Rules. It is therefore important to consider what you wish to happen in the event of your death.