Is CGT owed?

noh

So are you saying that because the Title Absolute had only my name in section B in 2000 that my mother is/was not liable for CGT when the Title deeds/land registry were amended to remove the restriction in 2003?

Yes that's how I understand it.
Effectively your mother loaned you the money to purchase the house in 2000 and secured that loan by a charge on the property.
In 2003 that charge was removed effectively converting the loan into a gift.
Your mother will not be liable for any CGT on the house as it has never been owned by her.

Nigel

joshly

Thank-you noh.

You mentioned the possibility of potential IHT in your previous post.

I understand that I would be liable for 7 years after the gift, would this be taken from 2000 or when the deeds were amended in 2003?