Declarations of Trust
When two or more people purchase property together—whether as a couple, friends, or family members—a Declaration of Trust records each person’s financial interest in the home. This is especially important when contributions toward the deposit or mortgage are unequal, or when only one name is on the legal title.
Without this agreement, ownership and equity can become disputed during a relationship breakdown or sale. A properly drafted Declaration of Trust ensures transparency and avoids costly misunderstandings later on. At AAGA Solicitors, we draft clear, enforceable declarations that reflect your intentions and secure your investment—giving you confidence and legal clarity from the start.
Frequently Asked Questions
It records how much each person contributed to the purchase, how sale proceeds will be split, and whether one party can buy the other out.
Yes. It is a binding legal document that courts will rely on in the event of a dispute.
Yes—especially useful when parents gift a deposit and want to ensure it goes to their child if the relationship ends.
Your home is one of your biggest assets—make sure your share is protected. AAGA Solicitors prepares Declarations of Trust that reflect your intentions and give lasting legal protection