Find a Solicitor for your

Tenancy in Common Agreement

Hassle-free help from the UK's best property solicitors.
In the last year, we helped 2,282 people across the UK solve their legal issues
Great Interaction
Great interaction. I had a simple question which would have cost a fortune going to see a local solicitor. It was all very professional but still friendly. The solicitor I spoke to was the chief executive of her law firm (I looked her up on LinkedIn). You are dealing with very good lawyers who earn additional money through Lawhive. I would definitely use this service again. Highly recommend.
Mark,
29 December, 23
The solicitor who was appointed to me was outstanding
Very simple to engage with instant confirmation in writing straight after. Daniel, the solicitor who was appointed to me, was outstanding in his approach, his understanding of the technicalities of the law and, crucially, a genuine care for the client. Would definitely advise using Lawhive, you won't regret it.
Tahir Idris,
04 October, 23
We were so pleased to find the Lawhive website
After struggling to find a solicitor willing to give us advice, and for a reasonable cost, we were so pleased to find the Lawhive website. At first we wondered how well it would work, but needn't have worried at all - the whole process was simple, straightforward and professional and great value for money. We felt extremely lucky to be matched with our solicitor, Sonay Erten, as she was exactly what we were looking for - knowledgeable, patient and kind - a refreshing change from solicitors we have used in the past. She showed a great deal of empathy for our situation and explained things in language that was easy to understand (rather than the usual "solicitor" talk, which can be intimidating). She's a shining example of what a solicitor should aspire to be and I wouldn't hesitate to recommend her to others or use her again in the future. We came out of our session reassured and confident of what we needed to do going forward, so a big "thank you!"
Julie Taylor,
01 June, 23
Fast and professional
I got the outcome I wanted regarding cease and desist to a competitor spreading defamatory statements about my business. Fast and professional, and at a much lower price than high street firms. Highly recommended thanks.
Jason Hunter,
23 July, 23
Very efficient! Can highly recommend.
I found the website very easy to use. Quick responses and I was even able to talk to someone who was friendly and competent. She rang me rather than emailed me. A solicitor was quickly found who could help me and once the relevant identification was approved he started work. Within two days the solicitor had checked documents and commented on them. Very efficient! Can highly recommend.
Pauline Piper,
15 February, 23
The service was fast and ultra professional
Sonay was really informative and understood my questions instantly, what I thought was complex Sonay simplified massively. She regularly checked in and the service was fast and ultra professional. Would highly recommend.
Jamie Crichton,
09 November, 23
Great service and very reasonably priced,
Great service and very reasonably priced, Kem was really helpful and professional. Would use again
Sarah Shanks,
21 November, 23
Great Interaction
Great interaction. I had a simple question which would have cost a fortune going to see a local solicitor. It was all very professional but still friendly. The solicitor I spoke to was the chief executive of her law firm (I looked her up on LinkedIn). You are dealing with very good lawyers who earn additional money through Lawhive. I would definitely use this service again. Highly recommend.
Mark,
29 December, 23
The solicitor who was appointed to me was outstanding
Very simple to engage with instant confirmation in writing straight after. Daniel, the solicitor who was appointed to me, was outstanding in his approach, his understanding of the technicalities of the law and, crucially, a genuine care for the client. Would definitely advise using Lawhive, you won't regret it.
Tahir Idris,
04 October, 23
We were so pleased to find the Lawhive website
After struggling to find a solicitor willing to give us advice, and for a reasonable cost, we were so pleased to find the Lawhive website. At first we wondered how well it would work, but needn't have worried at all - the whole process was simple, straightforward and professional and great value for money. We felt extremely lucky to be matched with our solicitor, Sonay Erten, as she was exactly what we were looking for - knowledgeable, patient and kind - a refreshing change from solicitors we have used in the past. She showed a great deal of empathy for our situation and explained things in language that was easy to understand (rather than the usual "solicitor" talk, which can be intimidating). She's a shining example of what a solicitor should aspire to be and I wouldn't hesitate to recommend her to others or use her again in the future. We came out of our session reassured and confident of what we needed to do going forward, so a big "thank you!"
Julie Taylor,
01 June, 23
Fast and professional
I got the outcome I wanted regarding cease and desist to a competitor spreading defamatory statements about my business. Fast and professional, and at a much lower price than high street firms. Highly recommended thanks.
Jason Hunter,
23 July, 23
Very efficient! Can highly recommend.
I found the website very easy to use. Quick responses and I was even able to talk to someone who was friendly and competent. She rang me rather than emailed me. A solicitor was quickly found who could help me and once the relevant identification was approved he started work. Within two days the solicitor had checked documents and commented on them. Very efficient! Can highly recommend.
Pauline Piper,
15 February, 23
The service was fast and ultra professional
Sonay was really informative and understood my questions instantly, what I thought was complex Sonay simplified massively. She regularly checked in and the service was fast and ultra professional. Would highly recommend.
Jamie Crichton,
09 November, 23
Great service and very reasonably priced,
Great service and very reasonably priced, Kem was really helpful and professional. Would use again
Sarah Shanks,
21 November, 23
Rated 4.8 / 5. Showing our 4 & 5 star reviews.

About

A Tenancy in Common is a form of co-ownership of property. It is a way for multiple people to own a property together, with each person owning a share of the property. This is different from joint tenancy, where the property is owned by all parties, and each party has an equal share. A solicitor can help with drafting and/or proofreading your legal documents.Next steps

How much does a Tenancy in Common Agreement cost?

The cost for a licensed solicitor to help with a Tenancy in Common Agreement is dependent on many factors including the complexity and specific requirements of the case. On average it is expected to range from £80-£150 but in some cases it could cost as much as £300.

Money-back guarantee

If you're not satisfied, contact us for a full refund, no questions asked.

Transparent fixed-fees

No hidden fees. On average 40% cheaper than high street firms.

Expert legal help

We assign the best fully regulated UK based solicitors to your case.

Get your free case evaluation now

Tell us about your case and we'll assess your legal matter for free.

Tenancy in Common Agreement Solicitors

Tenancy in Common (TIC) is a legal arrangement where two or more parties share ownership rights in a property or land. Each owner may control an equal or different percentage of the total property, whether it's a commercial property or residential. At Lawhive, our network of property lawyers and conveyancers offer personalised advice with property ownership and tenancy in common agreements. We provide a fast, affordable effective service, delivered through our online platform. So you can get legal help wherever you are from the UK's top property solicitors.

To get started, book a free case assessment with our Legal Assessment Specialists now.

What is a tenancy in common agreement?

A tenancy in common agreement is a legal document used to divide property ownership between two or more people. It allows owners to have separate shares in the property, which can be unequal.

This agreement converts a joint tenancy to a tenancy in common. Tenancy in common agreements can be established at any time, allowing individuals to join later. Each tenant can also sell or borrow against their ownership independently.

Who should use a tenancy in common agreement?

A tenancy in common agreement is typically used by individuals who co-own property and want to divide ownership shares separately like:

  • Couples who want assurance that, if they separate, each will receive a fair share of the property sale based on their contributions.

  • Groups of friends, siblings, or family members buying a house together;

  • Individuals investing in property with a business partner.

Many people also change from joint tenants to tenants in common so they have more control over what happens to their share of a property when they die. For example, to make sure a child from a previous relationship inherits their share of a property.

This is because there are rules about who inherits what in terms of property shares when a co-owner dies, depending on whether they are tenants in common or joint tenants.

Using Lawhive

Transparent fixed-fees

Know exactly what you will pay. On average 1/3 of the cost of a high street firm

Hassle-free

Receive a custom quote in as little as 5 minutes. No hassle, no obligation.

Conveniently online

Follow your case from the comfort of your home with our online platform.

Brilliant support

Our world-class support will be with you every step of the way.
Traditional Law Firms

Pay by the hour

Hourly charges mean costs are hard to predict and you could be charged more than you expect.

Frustrating

It can be take days or weeks to hear updates from your solicitor.

Outdated and offline

Offline and slow procedures will require you to visit firms in-person.

No support

No dedicated support team. You'll have to deal with issues on your own.

What is a tenancy in common?

Tenancy in common is when owners share a property in separate shares, which don't have to be equal. This setup is useful for friends, business partners, or relatives buying a house.

For example, two tenants might own the property in shares of 70% and 30%. If one owner dies, their share doesn't automatically go to the owner. Instead, their share can be left to others in a will. Each share can technically have its own mortgage, but lenders usually require a joint mortgage for tenants in common.

What is a joint tenancy?

Joint tenancy involves 2-4 people co-owning property together, viewed as a single owner in law, with each having an equal right to 100% of the property. It's often the default ownership for homeowners when purchasing property.

Key characteristics include:

  • If one owner dies, others automatically inherit their share (rule of survivorship);

  • Owners cannot leave their share in their will;

  • If owners have a mortgage, they're jointly and individually liable to maintain it, meaning any owner can be pursued for the full debt if payments are missed;

  • Selling the property requires agreement from all owners, which can be challenging. For example, if a co-owner is deemed to not have mental capacity, legal permission may be needed from the Court of Protection unless a Lasting Power of Attorney is already in place.

What are the benefits of tenancy in common?

One benefit is that each person with a share has control over their portion of the property.

For couples who are not married or in a civil partnership, tenancy in common allows them to pass their property to their children in two halves.

Tenants in common vs joint tenants

Tenants in Common

Joint Tenants

Division of ownership

Equal rights to the entire property

Different shares of the property

Agreement for property sale

All owners must agree

All owners must agree

Leaving shares in a will

Share automatically goes to the other owner(s) upon death

Share can be left to someone else in a will

Need for a joint mortgage?

Yes

No, but finding a lender for separate mortgages can be challenging

Can you change ownership from joint tenants to tenants in common?

Yes, you can switch from the default form of property ownership (joint tenants) to tenants in common at any time, and vice versa. To do so you should:

  1. Talk to the co-owner about changing the ownership structure and mutually agree to the change;

  2. Decide on the percentage of shares each owner will have;

  3. Prepare and sign a Declaration of Trust outlining the new ownership arrangement, including each owner's percentage share and any specific terms or conditions;

  4. Apply to the Land Registry to update the property ownership details and pay the relevant fee;

  5. If there's an existing mortgage on the property, inform the lender about the change in ownership.

It is also possible to become tenants in common with equal shares by severing the joint tenancy. This process does not need agreement from the other owners and can be done by filling out the relevant form (Form A restriction) and sending it the the Land Registry. You'll also need to give a notice of severance to any owners who don't agree to the change.

Once the joint tenancy is severed, you and the other owners will each own a share of the property and you'll have the same rights as tenants in common, including the right to decide who inherits your share.

It's important to know that there are two levels to property ownership: legal ownership and beneficial ownership.

Legal owners are individuals who are registered at the Land Registry. They have the right to control and sell the property. On the flip side, beneficial ownership outlines financial interests in the property.

Legal ownership and beneficial ownership are connected through Trust. That is, the legal owners hold the property 'on trust' for the beneficial owners, who can be joint tenants or tenants in common. In most cases, the legal and beneficial owners are the same, but the legal owner can also hold the property in trust for a third-party beneficial owner. For example, a child who is under 18.

As you can see, property law in this area can be complex. So, if you're considering switching to a tenancy in common, it's important to find a solicitor to help who can advise of the legal implications for both parties and the most beneficial course of action in everyone's interest.

Why choose Lawhive?

Lawhive's network of tenancy in common agreement solicitors and legal experts are on hand to assist you quickly and affordably, no matter where you are in the UK.

Contact us today to get a personalised case evaluation and fixed-fee quote regarding tenancy in common agreements.

Money-back Guarantee
Get a quote now

We pride ourselves on helping consumers and small businesses get greater access to their legal rights.

Lawhive is your gateway to affordable, fast legal help in the UK. Lawhive uses licensed solicitors you can connect with online for up to 50% of the cost of a high-street law firm.

Lawhive Ltd is not a law firm and does not provide any legal advice. Our network includes our affiliate company, Lawhive Legal Ltd. Lawhive Legal Ltd is authorised and regulated by the Solicitors Regulation Authority with ID number 8003766 and is a company registered in England & Wales, Company No. 14651095.

For information on how to make a complaint about an experience you have had with our SRA regulated affiliate company Lawhive Legal Ltd click here.

Lawhive Legal Ltd is a separate company from Lawhive Ltd. Please read our Terms for more information.

© 2024 Lawhive
86-90 Paul Street, London EC2A 4NE

Version: 3e064f3