Selling property to family

squidley

In the legal sense. 

Herzlos

squidley said:

Purely out of interest, is a stepson a "family member" to me?

Apologies for going a bit off topic.

I think you'd be hard pushed to convince anyone that your wife's son isn't family.

user1977

squidley said:

In the legal sense. 

We need a bit more context! Which legal sense are you concerned about?

theartfullodger

squidley said:

Purely out of interest, is a stepson a "family member" to me?

Apologies for going a bit off topic.

Is defined in occupancy/sharing legislation re.  HMOs iirc. Don't think that applies here 

silvercar

If stepson is getting a mortgage the question may be more in terms of whether stepson's mortgage lender considers the purchase to be less than market value and a gifted deposit making up the balance. Some lender's are sniffy about deposit gifts from non- relatives.

squidley

Thanks. It's of no concern. It's just something I've never really thought about. 

theartfullodger

HMO definition of family member (includes step-kids..) 2004 Housing Act section 258
https://www.legislation.gov.uk/ukpga/2004/34/section/258

""" "
(3) For the purposes of subsection (2)(a) a person is a member of the same family as another person if—

  (a) those persons are married to [F1, or civil partners of, each other or live together as if they were a married couple or civil partners];

  (b) one of them is a relative of the other; or

 (c)  one of them is, or is a relative of, one member of a couple and the other is a relative of the other member of the couple.

(4) For those purposes—

 (a)  a “couple” means two persons who F2... fall within subsection (3)(a);

 (b)  “relative” means parent, grandparent, child, grandchild, brother, sister, uncle, aunt, nephew, niece or cousin;

 (c)  a relationship of the half-blood shall be treated as a relationship of the whole blood; and

 (d)  the stepchild of a person shall be treated as his child.""

squidley

Thank you everybody. Very helpful as always.