For most, their home is their main asset. Equally, many people are often widening their property portfolio to include ‘buy-to-lets’ and we are seeing an increasing number of clients giving their children a helping hand to get onto the property ladder.

Either way, if you are investing in property with another person, be that a partner, friend or relative, then careful thought needs to be given to protecting your nest egg.

A ‘declaration of trust’ or ‘deed of trust’ is used where two or more individuals are buying a property and one of you will be making a bigger financial contribution to the property i.e. you have invested a large deposit, a gift from parents, or will be paying more towards the monthly repayments on the mortgage.

If the owners are a couple, then a cohabitation agreement or a pre-nuptial agreement or post-nuptial agreement can also offer an additional layer of protection.

For advice, please do not hesitate to contact Sheena Aston, Head of Property Law on 01256 844888 or email enquiries@lambbrooks.com

"“A fantastic service once again from Sheena and her team. Everything ran smoothly and punctual as usual. I very highly recommend these solicitors for all your needs and especially conveyancing!!” "

Mr H, Basingstoke

Key Contacts

Melanie Roberts

Associate Solicitor

Sheena Aston

Partner & Head of Property Law Team

Related Articles

Wednesday 7 October, 2020

Do I Need a Declaration of Trust?

Monday 5 October, 2020

Taking Care of Aging Parents

Sunday 5 April, 2020

Can I Make A Will From Home?

Thursday 2 April, 2020

Love Locked Down

Sunday 19 January, 2020

New Year’s Resolutions: Making a Will

Friday 20 December, 2019

What to Buy for Someone with Dementia

Wednesday 2 October, 2019

Using a Solicitor Vs Using a Will Writer

Wednesday 28 August, 2019

How to Explain Dementia to Children

Friday 2 August, 2019

A Quick Guide To Making A Will

Wednesday 19 June, 2019

Close to Home: Passing on your Property

Friday 18 May, 2018

Digital Assets & Estate Planning

Sunday 10 December, 2017

Coping with a Death in the Family

Friday 3 November, 2017

Making a Will