Buying from Auntie

BitterAndTwisted

Your aunt has probably come up with this hare-brained scheme out of desperation. She's already had one bite of the get-out-of-debt cherry once and she's now back in the same or worse position than she was before. I suspect that nothing you do to benefit her will actually help until she understands what a reckless fool she is and finds a sensible way to stop continuing to be a reckless fool. Sometimes even living rent-free doesn't really help those who cannot or will not help themselves..

I think you should sort out in your own mind who you want to benefit, either yourself or your auntie and then get proper legal advice about every single ramification for the future for both parties.

millermen

Thanks for your words, as the last time she don't tell me until things had got really bad, I wish she'd had learnt her leason, I thought this would be a minefield of legal and family matters.

Fire_Fox

Send your aunt in the direction of the debt charities CCCS or Payplan - she has already had a failed attempt at consolidation, she shouldn't be taking financial advice from someone who is thinking with his wallet:
"At present I'm left half the house in her will, so if I do nothing I could lose that."