If you're buying a house jointly with someone else, some points to think about:

1. Will you own it equally, so that on a sale you each receive half of the proceeds?

2. What if one of you should die? Does the deceased owner's share pass automatically to the survivor (irrespective of what the Will of the deceased owner says?), or does it pass according to the Will?

3. In the latter case, do you need to think about a mechanism for ensuring that the survivor can buy-out the deceased's share, such a policy of life assurance?

4. Do you need to think about making Wills? [And if you do, do you need a solicitor to prepare your Wills ?]

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