The manner of holding has implications on your estate planning.
If you are buying a property it is important to have the right manner of holding (or property ownership). This decision has a clear impact of your estate planning and how your share of a property is distributed after you die. Blended families should carefully consider what manner of holding they have as this may cause issues with your estate.
This infographic gives you a simple overview of the key differences between either joint tenants or tenants in common. If you are unclear as to what is the best option you should speak to a conveyancing lawyer to discuss what will suit you best.
If you need to change your manner of holding we can assist as well.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.