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Our solicitor drew up a joint tenancy agreement, cost us £50 or something, mainly to reflect that I put in the deposit and would be paying a larger share of the mortgage.
You should get a will in place, especially whilst you're not married.
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@andyp is spot on. A very quick doc like this is very beneficial. We did the same thing when we bought ours.
Wills are very quick to do and with 2 kids you need to be clear what happens if both of you die. Horrible worst case scenario but do not expect social services to do the sensible thing.
andyp
Aroogah
@pifko
Mortgage finally offered. Took Nationwide about a month - Must be the influx of applications prior to the Stamp Duty rise.
Anyway, had a query back from our solicitors regarding how we want to hold the property. On the initial form I sent off to them we chose to be Joint Tenants (although we didn't contribute 50:50 to the deposit, it was nearly equal) - We are currently engaged and hope to get married in the next year or two. However our sols have emailed to check that we definitely want to do this.
Anybody else been in this situation? I think I read that it shouldn't cost much/anything to amend this in future - Would it be more sensible for us to be 'tenants in common in equal shares'?
We have 2 children together and no will in place FYI.