Purchasing a house with your partner

Purchasing a house is a big step for anyone. If you are purchasing a house with a partner it is an even bigger step. It is a big commitment, both financially and emotionally and one that should not be undertaken lightly.

Unlike married couples, long term partners receive no legal protection around joint property ownership. In the event of selling the property or separation couples can find themselves in the middle of a legal nightmare when it comes to splitting up the finances tied up in the property.

If you are considering purchasing a property with you partner then you must seek legal advice before you do so. This may seem like an excessive expense at an already expensive time but without a legal document you leave yourself completely unprotected.

Creating a legal document at the time of purchase that outlines what is to happen to the property in different circumstances does not take very long and does not cost very much. At Grant Stephens Family Lawyers in Cardiff we are experienced in the legal aspects of cohabitation and understand the need for each partner to protect themselves no matter how serious and committed the relationship.

We can help you to draw up a document that can be referred to in the event that things do not work out as expected that will protect both parties financially and save a lot of heartache, unwelcome surprises and money in the long run. You will both be able to enjoy your new home without any underlying worries about the future.

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