Inherited house

Beckz1205

Oh gosh, it is very overwhelming. 

My Nan and her husband currently live in a housing association flat and he has his own savings etc-originally my Nan was leaving the house to me and my mum so he couldn’t touch it but he has said he’s not interested in it anyways. 

Currently like I said I live with my mother in the house and she is in control of bills etc (gas/electric/water etc but not rent) which I contribute towards as I don’t earn much financially due to ill health. 

My nan asked the solicitor about my mothers debt situation and the solicitor confirmed that they could put a charge on the house to
recoup monies owed or force us to sell which obviously my Nan doesn’t want to happen. She has said she wants to protect me as I don’t have the option financially to move out. 

My mother has said numerous times she hates living here hence her saying that she would only benefit if she could release equity as she knows I won’t sell because essentially she is stuck in a house she doesn’t want to live in. Which is why I think she might contest the will? What exactly does it mean if she releases equity from the house? Does this affect me? (If like originally we were joint owners)

She does has a partner that she has been with for 15+ years. He has his own property he lives in (which mother stays at whenever she can) and he has a commercial property so he’s okay for money. I don’t really know if they’ve talked about living together or buying somewhere together. 

The solicitor did say she would put the clause in that mother could remain living here for as long as she wanted as long as she continued to contribute towards bills (my nan was worried she might say she’s not paying as I would own the house) and the solicitor said I would have to get her out. 

The more I think about it the more I think it could end up messy and cause arguments between family. 

74jax

How do you plan on paying the bills and maintaining the house (with your mothers contribution)? Are you sure it wouldn't be better to sell and buy somewhere you can afford to maintain maybe? 

Beckz1205

Hello, back again. My nan has had her draft will come through to read and there are some parts we are unsure of. I just wondered if anyone could explain/simplify what is written as my Nan is stressed out that what is written isn’t correct and she can’t get an appointment with the solicitor to go through it until next year and she wants it all complete and signed asap so it’s done. TIA

Savvy_Sue

You can't rely on what we say here, but if you post up what she's worried about (no identifying details) we can try.

Beckz1205

Can I include a picture of the document with the details crossed out? Or just write out what is says in the draft will? 

Savvy_Sue

Beckz1205 said:

Can I include a picture of the document with the details crossed out? Or just write out what is says in the draft will? 

Either is fine

Beckz1205

Sorry it took so long to upload this, been busy over the Christmas period… I hope this is okay and I have removed all personal details adequately. I just wondered if someone could translate this into simpler terms, the part we don’t really understand is about consent and proceeds being held upon trust. TIA