ChatterBank8 mins ago
How do we go about changing the name on the house deeds?
2 Answers
My father in law is ill and would like to sign the house over to us while he is still able to do so.
There is no mortgage to pay.
Do we need a solicitor and approximately how much is it going to cost us?
There is no mortgage to pay.
Do we need a solicitor and approximately how much is it going to cost us?
Answers
Best Answer
No best answer has yet been selected by Beckymac. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Yes, as the link will no doubt tell you, it doesn't save IHT, should that be an issue, until 7 years after the transfer of the property has occurred. And it doesn't prevent the use of the assets of the individual to pay for long-term care home costs, should that be the intended purpose of the transaction.