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Understanding Property Ownership

Ever wondered what the difference is between legal and beneficial ownership of property? In this video, we break down the two key aspects of property ownership: Legal Ownership: Who is listed on the deeds or Land Registry. Beneficial Ownership: Who is entitled to the equity or proceeds from the property. Laura Tanguay explains how these two roles often overlap and what it means when you're buying property jointly, and especially what this means if you're not married. You'll learn about the important distinctions between holding property as joint tenants or tenants in common—and why this choice is crucial. We also cover the importance of documenting your ownership choice through an express declaration of trust and why it's vital to keep these decisions under review as circumstances change. Whether you're a first-time buyer or looking to understand your property better, this video is packed with essential information! Find out more here: https://www.birketts.co.uk/service/fa... Got a question? Get in touch with Laura Tanguay: https://www.birketts.co.uk/people/lau...