Whether it is because divorce is now more prevalent, or that the cost of weddings makes the act of getting married that much more dificult, but the number of cohabiting couples in the UK is on the increase. Yet despite this, fewer people realise the legal implications for them in the event that they split up with their partner.
The law does not recognise cohabiting couples and therefore makes no provision for what should occur following the break down of a relationship. Cohabiting couples will very often share finances, purchase joint assets and will often make contributions (not necessary equally) towards the expenses they incur.
If you are cohabiting and want specialist advice on how you can protect your position, contact us today for a free consultion.