Assisting the Next Generation into Property

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One way for younger people to enter the property market is to form a property partnership where two, three or even four people pool their combined incomes and assets, in order to purchase a property. This will enable the partnership to purchase a more expensive property in a better area, than any of the individual partners could do on their own. One caveat, that must apply, is there must be a clear set of rules set out in the partnership agreement, which show, amongst other things, how contributions are made and what is required to exit the partnership.

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