Figures from the office of national statistics has indicated that the number of cohabiting couples has increased by 22% over the last 10 years. That roughly equates to 3 million cohabiting couples in the UK. The number of lone parents has increased over the last ten years by 12%.  If you are looking at sharing with your partner, rhw would suggest considering looking at a cohabitation agreement to protect your interests:

What is a Cohabitation Agreement?

  • a contract between two people setting out what will happen to their assets in the event that the relationship ends

Are Cohabitation Agreements legally binding?

  • no but provided certain criteria complied with Court can be persuaded
  • full and frank financial disclosure
  • drafted by solicitors – meeting contract criteria
  • both parties have received independent legal advice
  • timing

What can Cohabitations Agreements Cover?

  • rhw can draft an agreement to meet your needs

Are Cohabitation Aagreements worth Entering Into?

  • yes, for a wealthy party
  • provide clarity and certainty avoiding future dispute

You can read more in our article on Cohabitation.

For related matters, do take a look at our family law section.