• Land- Given By Parents

    By Guest on 03rd Jun 2016

    Hi, If my parents were to give me a piece of their land to build on, what legal implications do I need to consider?

  • 1 Answers

    By Guest on 05/06/2016

    The legal title ought to be transferred into your name. If they have a mortgage on the property the lender's consent would be needed and if it reduced the value of their security there's every chance they wouldn't consent. Otherwise, you would need to check the legal title to see if there are any covenants preventing development and of course you would need planning consent.

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