That is correct, and he refuses to. We are all scared as his behaviour is unpredictable. He is 44 with no spouse or children. My mother is 71 and scared to withdraw her permission although there was never any permission as he just took over and said he would buy her out but needed a year this has been extended several times by himself. His latest is "we need to help him to help us" by releasing equity and he will pay it back. We know that he has no intention once the money is released, our mother would not do that. Our mother's intention (because he has had around 80,000 over the years as mortgage/rent free that he has had more than his share of inheritance) is to leave the house to her daughters (me and my sister) as she thinks this is fair. Just to be clear how unpredictable he is, he hospitalised a work colleague 2 years ago for having a joke on their works night out. He earns around 28,000.
The only action she feels safe with is either having our names put on the deeds or leaving the house to us solely and leaving him off the will. We want to know is that straight forward or does he have rights? On her death we would then withdraw permission for him to remain there, if we can as the house would be ours? Currently we don't legally have a say as it is our mum's house.
What we are trying to do at the moment my sister and I is get him to buy or ask him to leave so the house can be sold but he keeps coming up with excuses and won't leave. Our mother won't force him out legally as she will be worried for herself and our stepfather. Our brother in all this feels he is in the right and how dare we ask him to leave. We are not dealing with someone who see other's perspectives or cares. He always wants to have control or the upper hand. He has also carried out works without permission on the house, not sure what but he did mention electrics and won't let anyone in to value the property or check the heating gas electrics. As I said he changed the locks. We want to do this all as cheaply as possible as my sister and I will be paying all costs will, deeds etc. Our mother only has their pensions to live off. He would quite happily steal our inheritance if he could.
I searched on zoopla and the neighbours house which has sold since 1995 is identical and their value is 84,000. It is semi-detached.
I don't know his credit rating but I would think so - he said he wants to avoid fees. He is quite angry at the current situation. He ideally, we think, wants the house for nothing and probably thinks once our mother dies he will be entitled. He won't get a mortgage now and never intended to. I know he has a car loan, he has also stated getting a mortgage for the value would ruin his chances of having a family as he then couldn't live like he would like! he stated " he only has a small window left do get married and have children and getting a mortgage at this stage would ruin that!" Any excuse. Does he have rights and what is the best solution, as he will just keep coming up with excuses.
If he was a joint owner would he have a say if we wanted to sell? What if he refused to sell? as he has refused for it to be put on the open market recently. How would it make things easier?
would it be that simple if it was left to my sister and I?
thank you I think that makes things clearer. I needed to speak with my sister. I think we understand that he would have squatters rights and if he owns a small share he wouldn't have those rights? could he be left say 1% - 0.5% as he has already had 100% of the value of the house?
thank you, ***** ***** could it be a small percentage like 1% or 0.5% he is left as had 100% of the value?
Thank you for your assistance, it is much appreciated.