CrowdedHouse

Am seeing this on a house which has been up for sale for some time in my area... Buyer Process: our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Seems a bit strange. British Homebuyers are one of those 'webuyanyhouse' companies. I almost feel like the house is being used as 'bait' to collect information on potential home sellers. It's been sitting for ages. Anybody familiar with this

If you, for example, transfer the title of your home to your child while you are still living in it, it is still considered one of the assets for consideration when going into a care home -- because you are stil benefiting. Equity release is just a roundabout way of doing this. I wouldn't be surprised if there is increased crackdown on funds given to children in this way. I just saw an article warning about this in the telegraph. https://www.telegraph.co.uk/money/ask-a-money-expert/gave-daughter-90000-using-equity-release-now-going-care-can/