top of page
Search
Writer's picturePardeep Bancil

How can I protect my deposit?

That was a question one of my clients asked me recently.


When a couple buys a property together and they contribute unequal shares towards the purchase costs it can leave the one investing more feeling financially vulnerable.


It is possible to draw up an agreement that states the sums invested. If the property is later sold the initial investment is reimbursed from any sale proceeds before the balance is shared.


This can be achieved by making a Declaration of Trust.


The document adds protection and clarity on how the investment is secured.






83 views0 comments

Comments


bottom of page