I assume we owned a third each. According to the deeds the sale took place in February 1984. I have just checked and all three names are ***** ***** deeds. When my mum died in 2004 we got a letter from nationwide to say the property is registered as joint tenants (myseld and my father) It has not been transferred yet. We are still waiting for probate to come through.
thanks - there seems to be a problem with justanswer when i put in my email***@******.*** it says this has been registered to another user. what can i do?
Hi we estimate the value to have been approx £165k. We did not explicitly split the value of the property but can be assumed here? If my mums share went to my dad that is one assumption, split equally would be another. What would be assumed in this situation?
Where a property have been your main home at some point during your ownership of it, you are given the last 18 months as an exempt period as you can read here. It allows people who move before they sell their previous home time to sell that home without a tax penalty.It occurred to me that you might be able to claim dependent relative relief on at least part of your share of the property, ie the proportion owned by you as at 5 April 1988. You can read about that here. The definition of a dependent relative is here.