MILLENNIAL MONEY

I know we’ve just met but . . . do you want to go halves on a house?

More young people are choosing to buy a home with a partner or friend, but beware of the pitfalls
Rhys Williams and his fiancée Charlotte Slingsby, both 28, bought their first home thanks to Help to Buy
Rhys Williams and his fiancée Charlotte Slingsby, both 28, bought their first home thanks to Help to Buy

What shows greater commitment to a partner — getting married or buying a house together? A surprising 61 per cent of young people say that it is the purchase of a property, despite prices being high. According to research from Barclays Mortgages, even if money were no object, people would still buy a home before tying the knot.

Such is the desire to escape the rental trap that an increasing number of people prefer not to wait for a serious relationship before getting on to the housing ladder.

More millennials are clubbing together with friends, siblings or their parents to buy a home, with some starting this process without fully investigating the legal implications. If you are thinking of taking this route, we explain what