Are you buying a property together or rent one?
You have to ask the conveyancer acting on your behalf to draw up a declaration of trust between you and your co-purchaser. This is an agreement executed by you both as a deed which states what you wish to happen to the proceeds of sale when the property is sold.
It can state either that you should receive an amount equal to you deposit from the equity realised upon sale or otherwise that you should receive a greater percentage proportion to account for you contributing the deposit. It is your choice.
This can be registered against the legal title of the property as a notice so that the conveyancer acting on the sale will consult it.
It can be drafted very quickly and should cost around £100-150+vat
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