Hi guys,
Maybe someone can help.
Father-in-law signed his house and land over to his son and daughter (my wife)
before he died. We sat down with a solicitor and decided that we would build
our ppr on the land and the brother-in-law would be the sole owner of the house i.e.
the brother would sign his half of the land over to his sister and she would sign
her half of the house over to her brother.
All the paperwork was sorted out for this and our house is built. We paid stamp
duty on the land. We are in the process of switching mortgage providers and for
this to be done the solicitor is now saying that my brother-in-law now has to
get his house valued, which is about 550k, and pay stamp duty on it !
This just doesen't sound right to us so we arranging a meeting with the solicitor.
Has anyone been thru something similar ?. I just want to go into this meeting
asking the right questions.
Thanks in advance ...
Maybe someone can help.
Father-in-law signed his house and land over to his son and daughter (my wife)
before he died. We sat down with a solicitor and decided that we would build
our ppr on the land and the brother-in-law would be the sole owner of the house i.e.
the brother would sign his half of the land over to his sister and she would sign
her half of the house over to her brother.
All the paperwork was sorted out for this and our house is built. We paid stamp
duty on the land. We are in the process of switching mortgage providers and for
this to be done the solicitor is now saying that my brother-in-law now has to
get his house valued, which is about 550k, and pay stamp duty on it !
This just doesen't sound right to us so we arranging a meeting with the solicitor.
Has anyone been thru something similar ?. I just want to go into this meeting
asking the right questions.
Thanks in advance ...