Declaration of trust for property

If you own a share of a house, a declaration of trust says how much you’ll get when it’s sold – we’ll help you draw up a document that protects everybody.

Declaration of trust solicitors: Expert legal advice

A declaration of trust gives you the protection and certainty you need when a property is being sold, and is often particuarly useful when a relationship ends. They are also often used when a parent provides part of the capital for an adult child to purchase a property.

Like many legal documents, declarations of trust can be complicated, depending on your individual circumstances. There many different variables and other factors that might have to be covered by the document. Our experienced team know how declarations of trust work inside out and will guide you through every step. We cover every aspect of the process, so you can be confident the final document works for everybody involved and reflects a fair division of the property.

Our in-house independent financial advisers are also on-hand to give you joined-up advice on the financials.

I've never found an area where Tees have been unable to help. There is considerable strength across the organisation. Individuals have good contacts outside of their practice area. I have always found Tees accessible and helpful.

Declaration of trust considerations:

  • who is responsible for any mortgage payments?
  • will it take into account contributions made towards maintenance, bills and so on?
  • will you want the option to buy each other’s shares?

We’re here to help

If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.

We have offices across Cambridgeshire, Essex and Hertfordshire, but we can help you wherever you are in England and Wales

The financial services provided on this page are by Tees Financial Limited, authorised and regulated by the Financial Conduct Authority. Registered number 211314.

Our legal services are regulated by the Solicitors Regulation Authority.

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Frequently asked questions

The answers to many of your questions can be found here, please get in touch for further information.

I have been told my property has development potential. What do I do?

If you’ve been contacted by a developer or a land promoter regarding a potential development to your property, you may wish to consider granting an option agreement or a promotion agreement. An option agreement is made between the landowner and the developer, where it is intended that the developer will apply for planning permission and requires an option to buy the property. A land promotion agreement is used where a developer agrees to apply for planning permission and will market the property for sale on the open market once planning permission has been obtained. This is usually in return for a proportion of the net sale proceeds. The law on this is very complex and you will need specialist advice. 

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If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.

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