Have Tax Questions? Ask a Tax Expert for Answers ASAP
I am a bit confused with your answer.
The total price of the house in 2008 was £300,000 (including my fathers half) My mothers half was worth £150,000 not £250,000. The total increase on the house has only been £50,000 (my half has only been £25,000) in the 7 years not £200,000