Can someone answer me this?

Why most properties in the UK, owned by couples, owned in common ownership? Why is this the case?

I think that Britain is the only country in the world recommends common ownership properties for couples. Why can't get away from this? The alternative is in rental reports. This, in my belief should be standard for almost all couples, if not all lease.

So what's the difference?

Common ownership is the case where each borrower owns 100% of the property. So if it dies one owns the property and immediately associated with debt.

Common lease is the case where each borrower has only 50% of the property at any time.

Then why I prefer common possession? My reason is because of modern life.

Of thirty per cent of marriages end in divorce.Many other relationships in which a House is purchased not even make it marriage.Frequently when a couple dies another re-marries and starts a new family with the new spouse (who may also have children).

In all cases, home, usually designed as a legacy, may have to be sold and strange divisions of capital must be taken.

Borrowers often say that the most important decision on their mortgage is whether they should opt for an interest only or repayment mortgage. It is certainly important, I firmly believe that avoidance of seizure by mutual agreement of lease is more important.

Truth be told, having a rental house in help protect property sold to pay for nursing home costs. It would also protect your children and their legacy and might also for part of proper succession planning.

Don't worry if you're already in a common rental agreement. The lease can be removed easily and this should be accompanied by the preparation of the new wills.

Talk to me if you have any questions.