Declarations of Trust and Loan Agreements
Bespoke expert guidance on preparing declarations of trust and loan agreements for shared ownership of property or other assets.
Declarations of Trust and Loan Agreements
Declarations of trust and loan agreements will formally protect your interest in shared assets
If you’re buying a house or other property with someone else, a formal legal agreement can help to safeguard your investment.
Our specialist private client solicitors can advise you on the most appropriate solution to fit your circumstances and deal with all the necessary documentation to give effect to your wishes.
We have extensive experience in creating declarations of trust which are tailored to reflect the wishes of those involved. A member of our team will advise you on the relative benefits of property ownership either as joint tenants or tenants in common if required.
We also have expertise in preparing declarations of trust which record differing ownership shares and the terms of that ownership.
In cases where a third-party loan is involved, for instance if you are a parent lending to your child, we can also prepare loan agreements which are intended to safeguard your investment if things go wrong for the borrower.
We will also ensure the relevant documentation is submitted to the Land Registry to reflect the terms of ownership.
If you would like to find out more about how a declaration or loan agreement could work for you, please contact our specialist team in St Albans, Harpenden or Luton.
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