As house prices increases, there is an expected rise in the number of first time buyers utilising family money for their purchases. Whilst this may not seem like an immediate consideration at the time of purchase, remember that all assets in an individual's name are considered for division as a starting point if there is a divorce later on in that person's life. 

Be sure that legal documents are put in place to clearly set out whether funds advanced are loans or gifts and consider whether a pre-nuptial agreement would be advisable prior to any later marriage to 'ring-fence' any family contributions. 

Whilst pre-nuptial agreements are not appropriate for everyone, give us a call to talk through to be sure and we can provide a simple 'yes' or 'no.