The Government has announced that it does not intend to implement the Law Commission's recommendations for reform of cohabitation law during this parliamentary term. The Law Commission had recommended that a new scheme of financial remedies be introduced for cohabiting couples that separate.
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Brits are showing caution with their finances when they decide to move in with a new partner, research from online bank first direct reveals. The findings show that for the majority, financial commitment is not on the agenda with couples keeping their distance in their money and property arrangements.
Whether married or cohabiting with a partner, the vast majority of couples in the UK are happy in their relationship. Initial findings from a research project 'Understanding Society' show that around 90% of individuals who are living with a partner are happy with their relationship.
The president of the Family Division of the High Court has called for unmarried cohabiting couples to be given an equal share of assets in the event of a relationship breakdown.