My mother can buy her corperation house at 33% discount through them but as she hasnt the money or inclination to do so.
Was wondering if there was a way for me to get the house, through me paying for the house through a loan{bank already approved amount} giving this money to mother & then her passing over the house to my name somehow.
Just wondering what penalties would incurr ...inherritance tax e.t.c.
Sorry for the badly phrased question but a 33% discount must be some way i can take advantage of this oppertunity as my mother is all for me to take over the house.
any help.
Thank you
Was wondering if there was a way for me to get the house, through me paying for the house through a loan{bank already approved amount} giving this money to mother & then her passing over the house to my name somehow.
Just wondering what penalties would incurr ...inherritance tax e.t.c.
Sorry for the badly phrased question but a 33% discount must be some way i can take advantage of this oppertunity as my mother is all for me to take over the house.
any help.
Thank you