Author Topic: home ownership shared  (Read 216 times)

Claudia

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home ownership shared
« on: Jan 12, 2021, 12:27:29 PM »
I am considering moving in with my son. He would like to add my name to the deeds of his house but I am worried that the house will have to be sold if I need to go into social care. Does anyone have any information on this please?

Michael Rolls

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Re: home ownership shared
« Reply #1 on: Jan 12, 2021, 12:37:41 PM »
if I were you, I would seek the advice of a solicitor or the Citizens Advice Bureau
I am involved in trying to settle the estate of my late sister who lived in a house, the equity of which is shared between herself and a housing association. It is a nightmare - the agreement she signed was a death trap. I am not assuming you might run into the same sort of problems, but it makes sense to make sure any agreement is fireproof to the benefit of both of you
Mike
The older I get, the better I was!

GrannyMac

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Re: home ownership shared
« Reply #2 on: Jan 12, 2021, 01:36:10 PM »
I'd echo Mike's suggestion, get expert advice.

Diasi

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Re: home ownership shared
« Reply #3 on: Jan 12, 2021, 02:25:00 PM »
I am considering moving in with my son. He would like to add my name to the deeds of his house but I am worried that the house will have to be sold if I need to go into social care. Does anyone have any information on this please?

This will give you some advice.

https://bit.ly/2N0SZkV
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"Death leaves a heartache no one can heal, love leaves a memory no one can steal".  (Cassandra)

sparky

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Re: home ownership shared
« Reply #4 on: Jan 12, 2021, 02:38:27 PM »
Yeah that was more or less the advise we got when My late wife and I put my son down as a third share owner of our house, Its a way of preventing the council robbing your estate to fund some layabouts care.

biglouis

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Re: home ownership shared
« Reply #5 on: Jan 12, 2021, 05:38:39 PM »
Where is GTS when you need him?
Rules are for the guidance of wise men and the blind obedience of fools.

Diasi

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Re: home ownership shared
« Reply #6 on: Jan 12, 2021, 05:47:19 PM »
Where is GTS when you need him?

He was last logged in on the 23rd August 2020.

I often wonder as he did seem to have his fair share of health issues.
Make every day count, each day is precious.
"Death leaves a heartache no one can heal, love leaves a memory no one can steal".  (Cassandra)

klondike

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Re: home ownership shared
« Reply #7 on: Jan 12, 2021, 07:32:29 PM »
He also took a lot of stick so I wouldn't make any assumptions.

Diasi

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Re: home ownership shared
« Reply #8 on: Jan 12, 2021, 10:41:46 PM »
He also took a lot of stick so I wouldn't make any assumptions.

He courted all the stick he got as many of his posts were intended to get some stick in my opinion.

I'm not assuming anything bad's happened but it'd still be good to know that he's ok.
Make every day count, each day is precious.
"Death leaves a heartache no one can heal, love leaves a memory no one can steal".  (Cassandra)

Alex22

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Re: home ownership shared
« Reply #9 on: Jan 13, 2021, 07:08:48 PM »
While we're on the subject has Ashy been back on yet  ?

klondike

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Re: home ownership shared
« Reply #10 on: Jan 13, 2021, 07:13:41 PM »
ID was active Jan 4 but no new posts since Dec 23. I may be being pessimistic but it doesn't look good to me.

Alex22

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Re: home ownership shared
« Reply #11 on: Jan 13, 2021, 07:24:52 PM »
I suppose if he hadn't been a regular poster, we'd think nothing of it , but Ashy always had something to say didn't he ?

Michael Rolls

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Re: home ownership shared
« Reply #12 on: Jan 13, 2021, 08:11:49 PM »
Hope he is OK
Mike
The older I get, the better I was!