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A Declaration of Trust can make property ownership clear, protect each person’s interest, and record what has been agreed. We connect you directly with SRA-regulated solicitors who draft tailored deeds with clear, fixed-fee quotes.
What is a Declaration of Trust?
A Declaration of Trust is a legally binding document that records each person’s financial share in a property and sets out what should happen if it is sold or if one owner buys out another.
Through Clarity Law Direct, you can connect with specialist solicitors who draft bespoke deeds tailored to your specific financial agreement.
Submit your details online to outline your specific property setup and trust requirements.
Review your transparent, fixed-fee quote and complete your required identity verification checks to instruct your matched solicitor.
Securely upload your supporting documents (such as proof of deposit and title details) directly to start your file.
Your assigned solicitor prepares your bespoke Declaration of Trust for you to review, adjust, and approve.
Your solicitor finalizes the deed, oversees formal execution by all parties, and delivers your legally binding document.
You will need to provide proof of identity, details of the property, the purchase price, mortgage information, and the exact financial contribution each person is making toward the deposit and fees.
No. A Declaration of Trust simply records the financial agreements and beneficial ownership between the owners. It does not alter your legal contract or joint obligations with your mortgage lender.
Yes. To comply with UK legal regulations, we must verify the identity of all parties involved before drafting the document. These mandatory ID checks are fully included in our fixed fee.
Yes. If one person contributes significantly more later on (such as paying for major home renovations), you can update the terms by drafting a Deed of Variation to reflect the new agreement.
Once you complete your ID check and upload your documents, we typically deliver your draft Declaration for review within 3 to 5 business days. Finalisation happens as soon as you approve the draft.