With co-ownership of property, having an agreement that meets all partner needs can be difficult. We at Mortgage Solutions will help you find a partnership agreement solution that meets all your needs.
How can we help?
At Mortgage Solutions, we know that partnership agreements are common.
We are here to ensure that you and your partner receive the best information and guidance in forming the right partnership agreement best suited for your situation.
Before entering a partnership agreement, we understand that you may have questions regarding how the agreement will operate and how it affects you and your partner. We will answe those for you.
Such as what are the benefits of a partnership agreement, what documents are needed and what would happen in the occurrence that both partners are no longer in a relationship.
We have the financial expertise to answer all those questions and any more you may have.
We are committed to providing you with all the financial information possible, and to giving you the most comfortable space to do so.
What is a partnership agreement?
Partnership insurance is an agreement between all partners when purchasing and maintaining a property together with their joint incomes and assets. It outlines the rights and responsibilities of each partner. It is a form of legal protection for all parties involves, should the worst-case scenario occur between partners. It allows you to create a financial plan with your partner and helps you better understand each of your roles in mortgaging property together.
What do you need to consider?
There are many financial aspects to consider when purchasing property together. From simple decisions such as deciding the name, the mortgage will be in, the amount and shares all partners are contributing based on individual earnings and the future of your mortgage. We take all these factors into consideration, to ensure that you and your partner result in a partnership agreement that is long-lasting.