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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
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What are the financial consequences if my 92yr. old mother

Customer Question

What are the financial consequences if my 92yr. old mother sells her home in Cardiff because she needs to be nearer her family, purchases another home but in my name and my sisters name and mother would be the tenant. My mother really needs sheltered housing but the local authority so far are not willing to assist.
Submitted: 3 years ago.
Category: Law
Expert:  Stuart J replied 3 years ago.
Will there be equity?
Customer: replied 3 years ago.

yes

Expert:  Stuart J replied 3 years ago.

What financial consequences are you thinking of? She is free to do what she wants of course.

How much will the new house cost?

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