Property and Home Ownership

Most people accumulate a great deal of ‘stuff’ throughout their lives. Some items are valuable in real monetary terms, while others hold sentimental value. Much of this personal property falls under the definition of ‘personal chattels’.

20 potential scenarios outlining what could happen to your assets after your passing.

Couples usually buy a property together as joint tenants, which means they both own the entire property, and the ownership automatically transfers to the surviving owner in case of one owner's death. If you want to gift your share of the home in your Will, you must change the ownership to tenants in common

Whether a mobile home or houseboat, it is still your home. But do the Law and HMRC see it that way? Mobile residences are distinct from traditional property affixed to the land.