Home Buying Advice

Finding a property co-buyer for joint equity

Finding a property co-buyer has obvious benefits in that it can more than halve the deposit you need to come up with, you can possibly leap-frog the bottom of the property ladder or it can enable you to live in a nicer home in a better area.

There are many advantages to property co-buying, joint equity or joint ownership that mean seeking out a property partner who feels right for you. 

Property prices are now so high that to finding a property co-buyer seems almost a logical progression. But despite the obvious advantages there are great risks – particularly financial, if things don't go to plan.

If you want to co-buy a property and are looking for a property partner there are websites to help you find someone to buy property with. You can find them listed in our joint ownership guide. Make sure you read our guide on joint ownership which covers measures you should put in place to protect yourself and your investment. Ideally, whether or not you go through a property joint ownership introduction service to find a co-buyer or not, you should come together as equal property partners on an even financial footing – that way there's no imbalance of power which can cause upset. Make sure you and your property joint investor put the appropriate agreements in place and above all make sure you have really considered all the other options open to you.

Having to find a property co-buyer to co-invest with is not a first choice for most and lenders have now launched a massive range of attractive first time buyer mortgages which mean that finding a property partner through a co-buying or joint ownership introduction service may not actually be necessary.
 
Find out who offers co-buying introductions in our Joint Ownership Guide