Trusted Cohabitation Agreements Solicitors
Our team can advise and assist you and your partner to draw up a co-habitation agreement. We work in tandem with our property team to ensure the process of buying a house and making financial arrangements are as simple as possible leaving you and your partner free from worry and able to enjoy your new home.
If you’re considering moving in with your partner, it’s always a good idea to think carefully about what the financial arrangements are going to be. Key factors such as who is going to pay what and why, how the property is going to be owned, whether it is going to be in joint names or just one party’s name, etc.
To get the support you need, call 0151 236 8871 or book a call with our legal experts.
What are Cohabitation Agreements?
A cohabitation agreement is an agreement executed as a deed which records arrangements between two or more people who have made the decision to live together. This can be as a couple or otherwise.
Cohabitation agreements are commonly entered into by people who have decided to live together but are not married and want to record their financial and living arrangements both during cohabitation and if cohabitation comes to an end. They can also be used by people who have decided to pool their financial resources and purchase a property to live together.
The agreement will record each person’s rights and responsibilities in relation to the property where they intend to live, the financial arrangements between those people both during and following cohabitation. It will also record the arrangements to be made in the event they decide they no longer wish to live together.
A cohabitation can also be used to record ownership of personal property that may have been used by both/all persons during cohabitation but are to be retained by the owner when cohabitation ends, for example, vehicles or items of furniture.
A cohabitation agreement can be executed before the parties begin living together or after cohabitation has begun.
How much do Cohabitation Agreements cost?
This will depend on the work that is required and how complex the agreement needs to be. Our fees for preparing a cohabitation agreement start from £1,250 plus VAT.
Are Cohabitation Agreements legally binding in the UK?
In order to be enforceable a cohabitation agreement will need to be drafted and executed properly, and signed as a deed. Cohabitation agreements are governed by the rules of contract and can be challenged accordingly. It is important that you seek independent legal advice when looking to enter into a cohabitation agreement and it is drafted in accordance with contractual principles to reduce the scope for argument about the validity and enforceability of the agreement.