Property partnerships
Owning property jointly through a partnership, LLP or company.
In plain English
Partners can own property together. How you own it affects tax, liability and what happens if someone wants to leave. Get legal and tax advice before you buy.
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Capital requirements
Combined partner contributions.
Cost assumptions to budget for
- Legal agreements
- Accounting and filings
Potential returns
Per agreed shares.
Main risks
- Disputes
- Joint and several liability (general partnership)
Legal checks
- Partnership/LLP agreement
- Declaration of trust for jointly held property
Regulatory checks
- Companies House filings for LLPs/companies
Is it suitable?
Often suits
- Trusted partners with aligned goals
Usually not suitable for
- Informal arrangements without documents
A general guide, not a personal recommendation. Suitability depends on your finances, experience and attitude to risk.
Step-by-step
- Choose the vehicle with advice.
- Document contributions and exits.
- Register and open accounts.
Financial calculations
Joint venture profit split
Partner A: capital returned£250,000
Partner A: preferred return£20,000
Partner A: profit share£25,000
Partner A: total£295,000
Partner B: capital returned£0
Partner B: preferred return£0
Partner B: profit share£25,000
Partner B: total£25,000
- ⚠ Document the agreement with solicitors. Raising money from the public can be a regulated activity.
Every figure above comes from the assumptions you entered. This is not a valuation, mortgage offer or financial advice.
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Official sources
Last reviewed 31 Oct 2026. Rules change — check the source before relying on this guide.
Not advice
This guide is general research. It is not legal, tax, financial, planning or investment advice. Speak to a qualified, regulated professional before acting.