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    Declaration of Trust
    • #1
    • 13th Jan 07, 12:50 PM
    Declaration of Trust 13th Jan 07 at 12:50 PM

    I wonder if anyone is able to help with this. My girlfriend and I are just about to complete on the purchase of our first house together. The house has been bought in both our names, but the shares of ownership are not equal (75:25).

    Our solicitor has just told us that we will need to pay £250 to have a "declaration of trust" drawn up on this since we'll own unequal shares of the property.

    Everything that I've read says that we do need to have a declaration of trust but I was wondering if it's possible to save the £250 and do one ourselves - does anyone know if you can get something similar to the 'write your own will' kits in order to do this? Or do we need to pay the £250?

    Thanks - any advice much appreciated!

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