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Selling a half share in a house
Comments
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Forgive me if I'm being dense, but if your Dad is planning to buy the house, then what difference does it make if it's on the market already? If their only objection is that having it on the market longer will reduce the price you can ask for it, then surely that shouldn't apply if you're selling it to your Dad?0
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On the kitchen/bathroom, how long would that work take to do? Can it be finished by end of August? They're going to do the kitchen in August, not sure about the bathroom and decorating. Apparantly though I'm holding all the work up because I haven't decided what furniture I want from the house.Not really, there is the little issue of the car that dear sis purloined.
And Ames needs to make a list of the expenses which she is entitled to reclaim as executor. I'm keeping all the receipts - at over a fiver for special delivery every time I send off a death certificate it's adding up! Plus over £100 for probate.
And to work out what the situation regaarding the mortgage, before she pays out.
And she needs to collect in the insurance policies, which could take a while. There aren't any insurance policies due to the estate, there's just one from mum's work which goes directly to me and sis, the probate helpline said that doesn't go on the form because they have discretion over who to pay it to. Once I get the grant of probate it'll all be fairly simple and quick, two creditors (possibly three if TalkTalk decide to tell me the state of the account, but without the password they wont talk to me only mum... but that's a different thread altogether).
Until all that is done everything belongs to the estate not Ames.Forgive me if I'm being dense, but if your Dad is planning to buy the house, then what difference does it make if it's on the market already? If their only objection is that having it on the market longer will reduce the price you can ask for it, then surely that shouldn't apply if you're selling it to your Dad? It's 'in case' we don't sell it to dad, which again is my fault because I 'keep changing my mind' about it. Which isn't quite true, I just keep trying to explain my benefits situation. I did actually put that point in my email.
......................Unless I say otherwise 'you' means the general you not you specifically.0 -
And she needs to collect in the insurance policies, which could take a while. There aren't any insurance policies due to the estate, there's just one from mum's work which goes directly to me and sis, the probate helpline said that doesn't go on the form because they have discretion over who to pay it to.
That's the standard position with pension schemes. Is this a pension scheme death benefit?possibly three if TalkTalk decide to tell me the state of the account, but without the password they wont talk to me only mum...
Well, you can't distribute the estate until that is dealt with. If they are talking to mum, can they pass on a message for you?No reliance should be placed on the above! Absolutely none, do you hear?0 -
That's the standard position with pension schemes. Is this a pension scheme death benefit? It's not a pension scheme, she didn't have a private pension. It's a death in work benefit.
Well, you can't distribute the estate until that is dealt with. If they are talking to mum, can they pass on a message for you? lol I might ask them that. They've actually told me how much is owing, but they wont close the account, which I assume means the amount will be increasing as there'll be monthly line rental. I really need to get back onto them, I've been waiting for them to reply to me, so maybe a harsher letter is in order. I might nip over to the phones board on here.
Which reminds me of another issue - I need to get final meter readings. I've no idea who'll be responsible for the bill for the electric while they're doing the place up, probably me as executor (ie, the estate). I'm starting to wonder if that's the reason dad hasn't done the readings like he promised.
Ugh, this is getting messier and messier.Unless I say otherwise 'you' means the general you not you specifically.0 -
Yes, it is the estate's electricity bill, until you distribute the assets.No reliance should be placed on the above! Absolutely none, do you hear?0
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It seems it was your sister who spoke to the bank about the mortgage on this house and told you that the bank don't care what happens provided the mortgage is paid.
I'm not an expert on these matters and I don't know whether that is a normal thing for the bank to say but given that your sister appears, in your own words, to have a tendency to say what suits her, it might be worth double checking this with the bank because if the bank is bothered then that could change the situation.0 -
I will double check with the bank. I've got a busy couple of days, but I'm going to get on with letter writing at the weekend.
The phone rang earlier, just twice and stopped before I got to it. When I checked it was dad, so I'm guessing he's read the email. So I'm getting nervous about what's going on between him and sister.
Why are families so complicated.Unless I say otherwise 'you' means the general you not you specifically.0 -
Which reminds me of another issue - I need to get final meter readings. I've no idea who'll be responsible for the bill for the electric while they're doing the place up, probably me as executor (ie, the estate). I'm starting to wonder if that's the reason dad hasn't done the readings like he promised.
Do you really think your dad is deliberately schemeing to screw you over for half an electric bill?
How about renting it out for a 6 month AST?. That should keep everyone happy.0 -
I don't think he's trying to screw me for half an electric bill, but once the final reading goes in it all gets more finalised. He's definitely doing what he can to slow things down - throwing away post and things.
Originally he wanted to buy mum's house, have us pay to do it up, and us give him 10k, or buy him a car. A lot of his motives come from thinking he was screwed in the divorce (which to be fair, he was) and wanting us to make it right.
He's had this plan to buy the house from the day mum was diagnosed with cancer. I'd go round to his house after spending time with her and find notepads filled with prices and figures for doing it up. So no, he's not screwing me for the electric bill, but he is determined to get his way regardless of the impact on me.
Renting it out would still leave me vastly out of pocket, as the total rental would be less than my lost benefits. Plus there'd be all the responsibility of being a landlord, which I'm really not up to.Unless I say otherwise 'you' means the general you not you specifically.0 -
Ames - don't forget you can only control yourself and the things you do. You have no control over the actions of your dad and sister. I think you have to do the best you can with the estate etc but I think you will need some legal advice
1) in case dad/sister start doing work before the estate is sorted.
2) surely they can't do work if one party ie you is unhappy anyway?
3) if Sister refuses to sell or
4) agrees to sell but then stalls things or drags things our so buyers walk out.
I would go to the CAB and find out where you can get legal advice - maybe a community legal centre?
Best of Luck
dfMaking my money go further with MSE :j
How much can I save in 2012 challenge
75/1200 :eek:0
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