Cohabitation – The Risks and How to Avoid Them.

More and more couples are choosing to live together rather than getting married. The problem though is upon separation cohabiting unmarried couples do not have the same claims against each other as married couples do. For some this may be the appeal as they do not want their partner to have any claims against their assets should the relationship fail but for others they may THINK they have similar claims to married couples when they don’t.

If you own your home in your sole name and your partner moves in with you it would be sensible to have a Living Together Agreement drawn up and this puts the financial arrangements on a more formal footing.  The Agreement will set out who is responsible for paying the mortgage and household bills and sets out what happens to the property in the event of a separation – does the non legal owner have a share in