There has been a big jump in the number of first-time buyers who have registered as unmarried home owners. The data is concerning, albeit understandable. Buying power is near impossible for single earners and many young couples decide to pool their money to get on the property ladder. In the UK, the rush to become a home owner has been for many decades paramount, as rental fees can make your eyes water and we do not seem to share the European view of long term rented accommodation.
Unmarried couples who buy a property together without taking much consideration as to the consequences – should the relationship breakdown – can face harsh realities. Particularly if children are involved.
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If you are an unmarried couple looking to buy your first property, it is worth getting legal advice independently to protect your financial investment and possibly your children’s future. At Hart Reade we have dedicated team of solicitors who are experienced in property and family law matters concerning unmarried couples. Call for an initial consultation on 01323 727321, or fill in the form below.
Please note the above is for information purposes only and is intended to be a short summary. It should not be treated as a comprehensive guide and should not be acted on without qualified legal advice.