How does owning my house as a tenant in common affect my will?

You can co-own property with other people in one of two ways:

  • As joint tenants; or
  • As tenants in common

Where co-owners of property are tenants in common, each of the co-owners has a separate share of the property. The shares can be in any proportion, so they can be equal or unequal.
Unlike in a joint tenancy, when one tenant in common dies their share in property can be passed on under their will, just like other assets.