One of the most common questions people are asked when jointly purchasing a new property is how they want to hold the property i.e., do you want to hold it as joint tenants or tenants in common. It is very important to understand the ramifications of your choice and the difference between these two types of ownership.
We are on hand to provide advice that is relevant to your situation and which can assist you in making an informed choice. If need be, we can also direct you to our Private Client department who can explore this with you from the point of view of a Will and estate planning.
Our team can also assist you in severing a joint tenancy to implement estate planning solutions including inheritance tax savings.