22. Suitability of each method of joint ownership.

In most cases a married couple or civil partners should be advised to hold a property as co-owners1 and this is usually a requirement of many lenders irrespective of the contribution which each party will make to the mortgage repayments. Co-purchasers who are not married to each other nor in a civil partnership should also normally be advised to hold the property as co-owners because the existence of a beneficial or overriding interest may be difficult to establish in the event of later disagreement between the parties2. Many lenders will insist that the legal estate is held jointly in