mortgage query

CloudCuckooLand

That, is exactly my point.

Having carried out a simple transfer - who signed for Nan, I wonder? - she probably has zero protection.

OP was more worried about losing "his" asset, than protecting his Nan's future residence, previously.
https://forums.moneysavingexpert.com/discussion/2852138

Now, it could be that I am being totally unfair. The OP may be the only family member left to manage her affairs. The OP may have POA and will be Executor in due course etc. And may be the sole recipient in the will written many years ago when there was no risk of old-age interfering with memory/understanding/validity of the will etc. So there may be zero risk to the assets of the lady...

But equally, knowing so little from so far away, questions at least need to be asked - potentially to help avoid a tax liability, avoid a pension credit claim being refused, avoid care costs being pursued etc....

Or future claims on assets from other family members...

trackers_trojans

CloudCuckooLand wrote: »

You may not be alive to have a say in that, or in a job, or many other things that life throws up...the creditors of secured lending will have control...unless the paperwork has been taken care of properly.

Fingers crossed the council don't come for the equity from you, if Nan needs care, too...

All paperwork sorted nan wouldnever be put in a home, have been told council could not come for anything as i have always provided all the funds

trackers_trojans

CloudCuckooLand wrote: »

That, is exactly my point.

Having carried out a simple transfer - who signed for Nan, I wonder? - she probably has zero protection.

OP was more worried about losing "his" asset, than protecting his Nan's future residence, previously.
https://forums.moneysavingexpert.com/discussion/2852138

Now, it could be that I am being totally unfair. The OP may be the only family member left to manage her affairs. The OP may have POA and will be Executor in due course etc. And may be the sole recipient in the will written many years ago when there was no risk of old-age interfering with memory/understanding/validity of the will etc. So there may be zero risk to the assets of the lady...

But equally, knowing so little from so far away, questions at least need to be asked - potentially to help avoid a tax liability, avoid a pension credit claim being refused, avoid care costs being pursued etc....

Or future claims on assets from other family members...

I understand your points of view unfair i think, only looking what my options are if they are not viable,then so be it thanks everyone for their advice