What Is a Deed of Trust? | Property Protection with Newlife Wills

A Deed of Trust protects your share in a jointly owned property.

Learn what it is, why it's important, and how Newlife Wills can help across Kent and Thanet.

What Is a Deed of Trust and Do You Need One?

If you’re buying a property with someone else - whether it's a partner, friend, or family member - it’s crucial to understand what a Deed of Trust is and how it can protect your investment.

At Newlife Wills, we help individuals across Thanet, Margate, Ramsgate, Broadstairs, and Canterbury (and further afield) safeguard their property rights with legally binding documents like Deeds of Trust.

What Is a Deed of Trust?

A Deed of Trust (also known as a Declaration of Trust) is a legal document that records how a property is owned between two or more people. It outlines each person’s financial interest in the property, including:

• The percentage of ownership

• Contributions towards the deposit and mortgage

• What happens if one party wants to sell

• How sale proceeds will be divided

  
  

Why Is a Deed of Trust Important?

Without a Deed of Trust, there could be disputes or misunderstandings about ownership shares - especially if one party contributed more to the deposit or monthly payments.

A properly drafted Deed of Trust provides clarity, avoids conflict, and legally protects everyone involved. It’s particularly useful in situations like:

• One person paying a larger deposit

• Unequal contributions to the mortgage

• Gifts or loans from family members

• Property purchase with someone you're not married to

  
  

Is a Deed of Trust Legally Binding?

Yes, a Deed of Trust is legally binding as long as it is properly drafted and signed as a deed. It is enforceable in court if disputes arise.

Can you draft a Deed of Trust yourself?

It’s strongly recommended to use an estate planning professional to ensure it's legally valid and tailored to your specific situation. At Newlife Wills, we provide expert guidance and can draft your Deed of Trust quickly and affordably.

Can a Deed of Trust Be Updated?

Absolutely. Circumstances change - whether you're refinancing, making new contributions, or one party is moving out. We can help you amend your Deed of Trust to reflect any new arrangements.

Thinking About a Deed of Trust? Let’s Talk...

If you're buying property jointly and want to protect your investment, a Deed of Trust is a smart and often essential step. We offer affordable legal services in Thanet and across Kent, helping you plan with confidence.

📞 Contact Newlife Wills today to book a free consultation - 01843 269165 or,

✉️ Email rob@newlifewills.co.uk to get started.