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changing deeds

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Comments

  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    When your parents take independent professional advice make sure that they ask about the implications of bankruptcy within five years of the disposition of the property.
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
    Part of the Furniture
    How do you get that?

    My understanfings the transfer is CGT free(PRR) and starting value for the new non resident owners.

    i dont mean on transfer, i mean if they transfer now and when they eventually sell the property after the parents have died. if they inherit the property after their parents death then no cgt tax would be liable if they sell up
    Be Alert..........Britain needs lerts.
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