Property sharing and parents assisting children to purchase a home is becoming more common and expert legal advice is essential.
It is important that you and your co-owners understand how shared ownership works (such as who pays the mortgage, what happens if one party dies, wants to sell, or enters a new relationship etc).
A Property Sharing Agreement can help to reduce the financial risk of
co-owning a property if the relationship between owners breaks down especially where the co-owners’ contributions towards the property are not equal.
The Legal Team can advise on:
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