• Buying A House With Annexe For Elderly Mother

    By Guest on 27th Mar 2016

    We are thinking of buying a house with an annexe for my mother. She currently owns a house (no mortgage), would sell it and use £250000 as deposit for the new house and my husband and I would take out a mortgage for the rest (£450000). My mothers name wouldn't be on the deeds but we would want a legal agreement that in the event of a divorce, change of mind etc the house would be sold and my mother would be given back her £250000. Are there any tax or legal complications doing this?

  • No answers has been posted yet!

  • Post Your Answer


  • Do you want to be informed of further comments / replies? Yes No

Ask a Question

Search