Buying property together with your partner is one way of building wealth.
Buying property together with your partner is one way of building wealth by sharing the costs. But, it could backfire if the relationship turns sour or one partner dies without a will in place. Without a legally binding document, you could have no legal recourse if you and your partner disagree. If your partner defaults on the home loan repayments, you will also be held liable and this is likely to affect your credit score.
15 Jun 2022
Author SABC NEWs