No. In this age of high property prices, many people go to the 'Bank of Mum and Dad' for a loan when they need a deposit. So even if there are two or more of you buying a property together, it may be that just one of you is putting the deposit down, perhaps courtesy of a loan from your parents. Naturally, it's fair that the parents, or whoever else has a financial interest in the property, get their money back when the property is sold, or at least that their child gets the money back – or whatever that proportion of the equity is currently worth. A declaration of trust can ensure that everyone receives their rightful financial share. To learn more about setting up a declaration of trust when you're buying property with others, call 0330 041 5869 or contact us online today and we will call you.