Care Home Fees against estate after death

elsien

"I cannot remortgage as the house needs to be in my name for this to happen and until the care home has been paid off, i have been advised this cannot happen."

I have no idea if this is correct or not, but where did the advice come from? Is there a charge on the property? Does it not have to be transferred into someone else's name in order to sell it?

DominicB

I was told this information from the current solicitor who is heading everything up? My original idea was to remortgage so these debts could be cleared but was told i couldn't.

DominicB

It can be sold whilst in my Grandfathers name as i am the legal administrator for the estates. Had to go through the various probate applications for this to happen.

unholyangel

I don't understand why you can't buy the house. Theres no requirement for the house to be in your name when applying for a mortgage - if there was, no one would be able to get a mortgage without first buying the house and if they could afford to do that, they wouldn't be applying for a mortgage!

The important thing is that you will own the house at the time the mortgage is effected. If your sister was going to be on the deeds then I could understand why the mortgage company would be reluctant (as they tend to seriously dislike when anyone has a claim on the property that isn't named as liable for the mortgage also).

Have you actually visited a mortgage broker?