Residential Property

Joint ownership

There are two ways in which property may be held by two or more owners.

Your home is often the most significant asset that you will own during your lifetime. If you are buying it with someone else you should ensure that both parties’ interests are protected.

As joint owners, you hold the property in one of two ways – either as Joint Tenants or as Tenants in Common.

If you hold the property as joint tenants, on the death of one of the tenants the property automatically passes to the remaining tenants until there is only one tenant left. This tenant will then own the property outright. Holding the property as joint tenants will override any provisions you have made in your will about the distribution of this part of your estate.

If you hold the property as tenants in common, each tenant will own a predefined proportion of the property. For two people this could be 50 / 50. or could be 90 / 10 or anywhere in between! Often it will depend on what proportion each party has contributed to the purchase price but this is not always the case. If you are considering holding the property as tenants in common you must make a will or your share will pass under the intestacy rules which may not be how you would like it distributed.

Email us or go back to our contact details. If you would like to talk to us about making a will, speak to one of our Wealth Planning team.

Our Residential Property Team

T: 020 7288 4719
Nicki Iliffe
I have worked for Bolt Burdon for over twenty years and I am a partner and became the C.O.O. (Chief Operating Officer) in 2017. Read More
T: 020 7288 4712
Sarah Davies
I am a Licensed Conveyancer and a Partner in Bolt Burdon. I head one of the residential conveyancing teams and have in excess of 10 years experience in residential conveyancing. Read More
T: +4420 7288 4798
Melanie Carroll
I am a Partner and Solicitor at Bolt Burdon, specialising in residential property work, and leading one of our residential property teams. Read More
T: 020 7288 4705
Sonal Ghelani
Having completed my law degree at the University of Hertfordshire and Legal Practice Course at BPP Law School, I worked in house for a lending institution for a couple of years dealing with mortgage repossession work before joining a firm in Harrow where I completed my training contract and qualified as a solicitor in July 2007. ShortIy thereafter I moved to a larger firm in Ealing where I dealt with all aspects of property work, which included residential conveyancing, commercial property, lease extensions and collective enfranchisement. I also dealt with private client work for the firm including obtaining probate, preparing Trust Deeds and General Powers of Attorney. Read More
Cathrine Williams
I am an Associate Solicitor in the Residential Property Department. Read More
T: 020 7288 4758
Amie Mackay
I am a senior solicitor in the Residential Property Department. Read More
T: 020 7288 4715
Krupa Shah
I am a senior solicitor in the Residential Property Department. Read More
T: 020 7288 4749
Sian Farrell
I am a Solicitor in the Residential Conveyancing team at Bolt Burdon. Read More
Malwina Konopinska
I am a senior paralegal in the Residential Property Department. Read More
T: 020 7288 4718
Cansu Iscan
I am a paralegal in the Residential Property team and assist with a wide range of conveyancing transactions. Read More
Marinelle Mawa
I started at Bolt Burdon as a Residential Property Paralegal in February 2018. I am currently studying the LPC part-time at BPP Law School and I am due to complete the course by May 2019. I have had great exposure to residential property and acquired valuable experience within a number of firms specialising in this field. I look forward to learning more at Bolt Burdon and developing my career. Read More
T: 020 7288 4776
Ana Botez
As a Paralegal in the Residential Property team, I can assist on a variety of conveyance transactions including purchases, sales, new build properties and re-mortgages. Read More
Back to top