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House transfer of equity??
Misteek
Posts: 206 Forumite
I didn't know where to put this.
My mother passed away who was divorced from my father. In their financial settlement they would own 50/50 upon one of them dying. I'm the only child.
On the deeds the property is only on my late mother's name. Not my father's.
My father doesn't want the property to be put on his name as he has other property and interest.
How can we do this? There's no will in place. And would this cost alot of money and do I need a solictor ? How will I do this ?
It's just a 2 bedroom flat worth 70k.
My mother passed away who was divorced from my father. In their financial settlement they would own 50/50 upon one of them dying. I'm the only child.
On the deeds the property is only on my late mother's name. Not my father's.
My father doesn't want the property to be put on his name as he has other property and interest.
How can we do this? There's no will in place. And would this cost alot of money and do I need a solictor ? How will I do this ?
It's just a 2 bedroom flat worth 70k.
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Comments
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I would say you need legal advice on this.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
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One debt remaining. Home improvement loan.1 -
You have posted in the wrong forum this has nothing to do with mortgages.
If the property is solely in her name then it passes to her children under intestacy laws, so you can apply for letters of administration yourself you do not need to use a solicitor for that.The complication is the financial settlement which does not seem to have been followed through, but as you father has no interest in claiming it I think you can probably ignore it.1 -
When you say ignore it. Do you mean just get the letter of administration.Keep_pedalling said:You have posted in the wrong forum this has nothing to do with mortgages.
If the property is solely in her name then it passes to her children under intestacy laws, so you can apply for letters of administration yourself you do not need to use a solicitor for that.The complication is the financial settlement which does not seem to have been followed through, but as you father has no interest in claiming it I think you can probably ignore it.
And then just go straight to land registry with the letter of administration and get m name put on the deeds ?0
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