Unfortunately, when it comes to the rights of Parties living together they are considerably different to those who are married.
The basic rule on the breakdown of cohabitation is that each party keeps only what they actually legally own, irrespective of the fact that they have a relationship.
It is therefore very important to have a formal agreement as to the ownership of property because although in certain circumstances it is possible for a cohabitee to claim a financial interest in their partner’s property or other assets without an express agreement, such interests are not clearly defined and are often the source of complex and costly legal disputes between couples.
We at Orange Tree Solicitors are able to assist you with this so that an express agreement is in place and no issues occur in the future regarding any assets.
For further information please do not hesitate to contact us.