The property is approximately worth £250,000 with an outstanding equally shared mortgage of £30,000.
My husband and I own 50% of the property while my father owns the other 50%. His half is left to me in his will.
Many thanks for your help.
He has approximately £40,000.
I should of mentioned that due to his heath situation he may soon be liable to carer charges.
Hi again Claire,
My father is likely to pay private carers in our home therefore unlikely to go into a nursing home.