Looking for advice on buying a part of my Dads flat please

Yorkie1

liz-paul wrote: »

Thanks for the reply. Re the will (off topic, sorry!). My parents were never married and therefore not divorced. Does this still mean that the will would still be valid or not, do you know?

If they were never married and thus there was no divorce, the will remains valid unless and until replaced by a new one.

To rely on your mum doing the right thing is a potential recipe for disaster if things don't go to plan.

Caz3121

I would suggest (and not sure if it is possible) see if you can have 50/50 ownership with your father and then he can leave his half between his children - this would mean you would own 4/6ths (your half and the third of his half) and your siblings would have 1/6th each and you could then buy them out.

Alternatively why not buy the house for market value then your father will have the money to divide up as he wishes and pay some rent

I can only foresee long term family rifts if you take all the equity.