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Releasing Equity from Inherited House?
Comments
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I had a look at prices and it looks like brother 1 wouldn't have enough from his 1/3 to be able to buy another property (1 or 2 bed flat) for himself without some contribution from the other brothers' shares. Current property is already in a cheaper part of the SE.0
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Then we are back to my first answer.Brother 2&3 can probably free the largest percentage of their inheritance by joining with brother 1 in purchasing a smaller property for him to occupy and have their portion of the new property recorded and protected with a charge on the deeds.0
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