Protection of investment
We can assist asset protection in relation to:
- Legal charges/Mortgages
- Declarations of Trust
It is important to ensure that your interests in property are correctly reflected, and this can be achieved in many ways, depending on the nature of your interest.
For example, it is quite common now for you as parents to lend a deposit to your children to help them get onto the housing ladder. In such circumstances, you can protect your investment through a legal charge which ensures their contribution is legally recognised.
An alternative to a legal charge is a Declaration of Trust. If you are a non-owning investor, you may want a share in any profit on future sale, as an unmarried couple, you may want to record your contributions to the purchase and share the proceeds proportionately on sale.
Our lawyers will ensure that you are given appropriate advice in such potentially complex areas.