Your mother is thinking ahead and fair play to her. If she goes into FD still owning the house, that could cost her(estate) an additional €55k over 3 years contribution. This can be deferred by way of the loan to be repaid on her death. If the transfer happens more than 5 years before she applies for FD, this can be avoided. However, if it is transferred to you and your siblings, valued at €250k and it goes up in value by the time it is eventually sold, you will be liable to CGT on the gain. It would have to go up by €165k in value to equate to the €55k. That seems unlikely in short to medium term, but who knows? My thinking would be to leave well enough alone as you can't know when or if she will need nursing home care but, inevitably, she will pass on and the house will be sold.