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Benefits and downsides of owning a house outright and 50/50

Hello!

My Mum and I are looking to buy a house. We have a choice whether to have both our names on the deeds or to just have me.

Does anyone have any advise? What's the good and bad points? The area I know least about would be the legal side of it and the issues which could come about in the future.

Any advise would be appreciated!
Thanks

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So are you buying with CASH or a mortgage ?
    Who is putting in what ?
    Do you have the deposit or mum.
    Very very vague question.
    I want to catch a bus !
    Where too ? When ? Where are you now ?
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    As dimbo says, more info.

    Why are you looking to buy a house .. to live in? Rent out ? For a relative ?
    Do you own other houses ? Do you plan to ? Etc etc.
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