Is my brother being bullied and manipulated?

Mojisola

Your parents must be in their 70s at least - it's worth them taking advice before handing the money over. If they need care or need to claim means tested benefits before the money gets paid back, they could have problems.

If the scheme does go ahead, your parents should register their interest in the house at the Land Registry so that the house can't get sold without the loan being repaid.

Legal advice all round!

Person_one

Willyoulearn wrote: »

That would be good advice if not for the possibility that this loan could form part of my inheritance.

You don't have any inheritance until both of your parents are dead, and possibly not even then. Its their money to do as they want with, you have no claim on it, none at all.

Get your head around that and I'm sure you'll be a lot more relaxed about letting your grown up family members make their own decisions.

[Deleted User]

Agree with others that it's probably best to steer clear.

But, if you were to get involved advise to wait the 6 months until sister in laws investments mature before buying the house.

D9

fluffnutter

Willyoulearn wrote: »

That would be good advice if not for the possibility that this loan could form part of my inheritance.

Your 'inheritance'? You have no right to your parents' money. But at least in one sentence you've told us your real concern as opposed to the ramblings in your opening post.

POPPYOSCAR

I find it really sad when people talk about "my inheritance" really, really, sad.:(

Willyoulearn

Thanks for all the helpful comments.

Some of the comments were not so helpful, in fact I am not sure I should have come to the forum for advice in this matter.

carolan78

I think you need to sit your brother down and find out what happened to him and his wife separating. Gently point out to him it is a possibility he is been taken for a ride and this new house will make any potential divorce messier.