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Hi.Whilst under the rules of joint tenancy, you each own the whole property and if one of you dies, the whole property becomes the property of the surviving joint tenant, for Inheritance Tax purposes, only the half-share value of the deceased partner would be included in their estate.Take a look at the article here which highlights some of the problems unmarried couples face. The surviving spouse may be forced to sell the property to pay an IHT liability so it may be worth considering life assurance. You each have a nil-rate IHT band of £325,000 before IHT kicks in at 40% of the excess.I hope this helps but let me know if you have any further questions.