Cohabitation Agreements

Cohabitation Agreement Solicitors Leeds

It is safe to say that couples do not plan for their relationship to break down. However, to protect yourself should the relationship, unfortunately, come to an end, it is good to have a discussion with your partner in regard to how assets will be distributed upon separation instead of waiting for discussions to take place when the relationship has broken down.

If you and your partner have agreed to live together but have no plans for marriage at present, at Consilia Legal we can prepare a cohabitation agreement for you.

A cohabitation agreement is a document of the agreed arrangements between you and your partner both during your relationship and in the event that your relationship breaks down. Having a clear agreement at the outset will hopefully alleviate any issues should the relationship break down which in turn will hopefully save time, money and ensure that matters are dealt with amicably.

The agreement can be tailormade to cover a whole host of issues such as:

  • Who is responsible to pay which utility bills;
  • How much contribution each party will make towards the mortgage;
  • How any shared bank accounts will be utilised;
  • If either party has a share in the property and if so what percentage;
  • The agreement can also record ownership of personal items such as cars, furniture etc. and will record who will retain their ownership.

As with any agreement, there are advantages and risks involved should you decide to proceed with a cohabitation agreement.

Advantages of a cohabitation agreement:

  • The agreement can set out the financial terms of your relationship in a clear, transparent document which can prevent issues from incurring in the future;
  • Preservation of assets: If one party possesses personal assets i.e. shares, properties, investments, these can be protected. For example, if one party owns a property and it is mortgage free and the parties decide to cohabit, the agreement can include provisions as to what will happen if the relationship does breakdown and what claim can be made on the property by the non-owning cohabitee.
  • The agreement can include clauses about how the property is to be dealt with in the event the relationship breaks down, for example, where property is co-owned by cohabitees, they may agree to sell the property. The agreement can record this and include clauses that regulate the following:- Occupation of the property and payment of household expenses pending sale;
    – Who will value the property; and
    – How the proceed of sales are to be divided.
    – Avoid unnecessary costs of litigation as the agreement records the couple’s intention about the legal and beneficial ownership of their property.

Risks involved:

  • There is uncertainty about whether the terms of a cohabitation agreement will be upheld and enforced by the court and will depend upon the specific facts of the case;
  • Additional costs involved to negotiate and execute a cohabitation agreement;
  • Risk of relationship breakdown – often one party may find it difficult to raise the question of entering into the agreement with their partner, particularly where the couple will be living together in property that is solely owned by one of them. This may raise doubt to the non-owning cohabitee about their partner’s commitment to the relationship.

For more information about cohabitation agreements, speak to one of our experienced family solicitors on 0113 322 9222 or enquires@consilialegal.co.uk or complete our contact form.

 

Contact Sarah

What Our Clients Say About Our Family Law Services

Laura Clapton has been brilliant and very professional through the Mediation process. I highly recommend her.

Jen Huggett

Absolutely five star service from Laura Clapton and her team, always kept informed of progress, and Laura was always available on the end of the phone to answer any questions. Highly recommended, thank you Consilia Legal.

Jane C

Professional and personal. Vicky was very caring and listened to my issue, advice was clear and easy to understand. Vicky ensured my mind was at ease and I knew my options. Excellent service. Sarah really knows the family sector, she puts you at ease instantly and ensures you are aware of all the options. Would definitely recommend this service. Thank you for your help.

Catherine White

Vicky guided me through the legal context of an employment and was very efficent, approachable and supportive. I would highly recommend this company and Vicky to others who need legal support and advice. Many thanks.

Maureen Sheridan

Had a great experience working with Victoria. Felt completely comfortable asking all kinds of questions and she always explained them really well.

Julia Mariani

I often get clients asking if I can assist with employment and family matters. As this is not my area of specialism I am conscious to help assist by passing them onto a trusted source who will look after the client in the best manner possible and with the same approach and ethos as myself. For employment and family matters I recommend to Consilia Legal as they contact the client promptly and provide practical no nonsense advice at a great value. I have no hesitation in recommending their services and will continue to direct my clients to them for this type of legal advice.

John Bailes

What our clients say about Consilia Legal on

  • review rating 5  Great service from Andy and the team. Handled my case very professionally and I was given excellent advice. Very informative and always responded promptly. Would highly recommend.

    thumb Adam Orange
    12/04/2018
  • review rating 5  I dealt with Vicky at Consilia Legal and I couldn't thank her and the team enough. Very fast and efficient and will go out of her way to help in anyway possible. Would recommend over and over again. Thank you

    thumb Lauren Clark
    2/11/2019
  • review rating 5  I recently had occasion to require the services of an employment lawyer and was recommended to this firm by a professional colleague. I have dealt with many lawyers around the world in the most complex business transactions and personally. I can honestly say I have never received the level of consideration and service from any other legal firm to match that of Consilia Legal. From the moment they picked up the phone to my initial call to the matter being finalised in record quick time; their service and attention to detail was never less than exemplary. Their legal advice was also spot on. It is extraordinary to see this level of service across every aspect of a business and it is a huge credit to Marie Walsh and her team (especially Emma Cartlidge) that they are all able to make their clients feel so welcome and so cared for. I would heartily recommend them to anyone.

    thumb Stephen Wilson
    9/13/2019
  • review rating 5  Andy from Consilia Legal was fabulous in providing support and advise in what was a very difficult period in my working life. We managed to get a fair deal for my settlement and all with in a short space of time. Once again thank you Andy

    thumb Richard Pickles
    10/31/2019
  • review rating 5  I was recommended Andy Boyde of Consilia Legal by a good friend in the profession to handle a personal issue. Dealing with Andy has been a pleasure from start to finish. Calls and emails were answered and dealt with in a timely manner and he gave a great deal of attention to run through legal jargon in layman's terms. Thoroughly recommended.

    thumb Michael Dockwray
    3/01/2019
  • review rating 5  I received clear, straightforward advice from Andy Boyde. I always felt that Andy was acting in my best interest. When I met him, Andy's approach was approachable and relaxed but still very professional.

    thumb Martin Curran
    11/09/2019
  • review rating 5  I was most impressed with the speed and efficiency which Andy Boyde at Consilia Legal handled my case. I selected Consilia Legal after reviewing previous feedback which had positive comments regarding the areas I was interested in. The way my case was handled turned a stressful situation into a quick and stress free process. I would have no hesitation in recommending Consilia Legal.

    thumb Craig S
    1/02/2019

Latest articles

TUPE UPDATE

TUPE UPDATE You may have seen some updates recently regarding TUPE and whether this applies to workers. By way of brief recap, the Transfer of...
pensions on divorce leeds

Why is my husband or wife entitled to half of my pension?

  The issue of pensions on divorce can be rather emotive and a bone of contention for many separating couples. It may be that the...
DR Event

Dispute Resolution Conference 27th November 2019

Consilia Mediation are hosting this year’s annual DR Conference on Wednesday 27th November 2019 at the Novotel, Leeds. For full details of the conference including...

Leeds

4 Park Place,
Leeds,
West Yorkshire,
LS1 2RU

 0113 322 9222
 enquiries@consilialegal.co.uk

Get In Touch

Harrogate

(By Appointment Only)

Windsor House,
Cornwall Road,
Harrogate,
HG1 2PW

 01423 222 220
 enquiries@consilialegal.co.uk

Got a question?
Get in touch!