Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return. There is no need to wait here, you will get an email when I reply.
Will the property be mortgage free please?
Ok - there is no reason why it can not be in your name.
Your parents would be entitled to any Council Tax benefit in any event (rates) as this is nothing to do with who owns the property.
That way it is kept in your name and you have no risk of any liability in terms of care home fees
They will not need Housing Benefit as there is no rent / mortgage to pay
So it is only Council Tax benefit which they would be entitled to in the normal way
Can I clarify anything for you about this today please?
If this answers your question could I invite you leave feedback on my service which I hope has been excellent today, if you need more information or help then please click reply.
Please remember that I am always happy to help if you have future questions, even if I am in Court I can normally respond within a few hours. For future information, please start them with ‘For Alex W’.
Please bookmark my profile if you wish for future help: http://www.justanswer.co.uk/law/expert-alexwatts/