Andrew A sold a 25% share in his 2010 Fairline Phantom 48 based in Cala D'Or, Mallorca, Spain a couple of months ago as a result of an ad posted on yours2share. The current boat share ads are here.

yours2share strongly recommends that any sharing agreement is recorded in writing and that all sharers take professional independent legal advice before signing any sharing agreement. This is standard practice for purchase of real property and is also essential for the purchase of other high value assets.

There are three fundamental mechanisms for sharing all assets:

• Joint ownership by all parties (co-ownership, shared ownership, partial ownership or fractional ownership)
• One party owns and the other(s) pay for use or occupation through a licence, lease or hire agreement
• Shared use, where no money changes hands, as both sides benefit in other ways.

If you have a spare room, live near to an area of good employment, and are looking for ways of generating some income (or simply want some company), you may be considering taking a lodger. However if you occasionally need to use your spare room, want your home to yourself sometimes and don’t like the idea of a permanent lodger, then consider letting a room for weekdays only.

If you are currently commuting long distances, weekly commuting or overseas commuting, or contemplating any of these, consider renting from Monday to Friday.

Many thanks for your help and the speed of your response. I have now downloaded the document.

Jill F

January 2009

yours2share, the innovative website helping people to share assets now has over 2000 members and is going strong within these economically turbulent times.

April 2008

Three Yorkshiremen, Ian Chapman, Tom Harrison and Geoff Sumner had never heard of each other until autumn 2007, but six months later, they bought a Fairline Targa 40 together for £155,000. The three men met through yours2share, a website that brings together people who want to share any valuable asset.

August 2008

Norfolk appears to be the only county in the UK where owners share their swimming pools! Sophie Garrett, founder of yours2share.com, has been investigating the swimming pool sharing concept in the UK to make the pools available on her website and, mad as it seems, Norfolk seems to be unique .