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I Want To Buy A House

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Off my mother in law for as little as possible

No its not the start of a wheeltappers and shunters club anecdote

but a genuine enquiry into whether I can do it for as little as 1p for example.

My wife is due to inherit 50% of this property

and the ugly sister who is currently residing there and making life very difficult

for the old dear will get the other half .

We have no intention of depriving her of what she is entitled to but we do want

total ownership so we can insist that she finds somewhere else to live

Is there a law that demands a certain (or fair) price be achieved to validate

the sale, can we just pay 50% with no questions asked

The end game is as I said to remove the pest and let Mum in Law

live there in peace for free

Obviously as a bear we wont be buying until the market bottoms

maybe in 12-24 months time

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Yes, try your luck with a group that have nothing better to do on a Sunday afternoon.

obviously you had so little to do you replied to this post giving heehaw advice

how very constructive

erse!

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Off my mother in law for as little as possible

I seem to recall that there are stamp duty implications if you don't pay fair market value, ie if I recall the tax can be assesed at the market value rather than the actual buying price. However, I might be completely wrong about this as it is only a vague recollection.

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So all the self apointed experts on here appear to not have a clue?

Shocker!

Oh and to the above post, he wasnt on about stamp duty!

Seems unduly cantankerous of you.

And regardless of whether or not the OP was 'on about stamp duty', presumably it would be useful for him to know that it may be necessary to budget for the revenue man?

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Seems unduly cantankerous of you.

And regardless of whether or not the OP was 'on about stamp duty', presumably it would be useful for him to know that it may be necessary to budget for the revenue man?

The stamp duty is fair point I agree

However

Seems unduly cantankerous of you.

this site has got the HPC wrong and massively wrong too, this site was born in 2003 prices didnt drop untill 2008 thats half a f*ckin decade out. And people on here class themselves as "having a clue" I agree things were ****** and people on here SHOULD have been right but they wernt yet many claim they are

Its not cantankerous its just true

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The stamp duty is fair point I agree

However

Seems unduly cantankerous of you.

this site has got the HPC wrong and massively wrong too, this site was born in 2003 prices didnt drop untill 2008 thats half a f*ckin decade out. And people on here class themselves as "having a clue" I agree things were ****** and people on here SHOULD have been right but they wernt yet many claim they are

Its not cantankerous its just true

That's as maybe, but I have not seen anyone claiming to be an expert on the finer points of the law as pertains to unusually low sales prices and whether or not they are valid.

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Off my mother in law for as little as possible

No its not the start of a wheeltappers and shunters club anecdote

but a genuine enquiry into whether I can do it for as little as 1p for example.

My wife is due to inherit 50% of this property

and the ugly sister who is currently residing there and making life very difficult

for the old dear will get the other half .

We have no intention of depriving her of what she is entitled to but we do want

total ownership so we can insist that she finds somewhere else to live

Is there a law that demands a certain (or fair) price be achieved to validate

the sale, can we just pay 50% with no questions asked

The end game is as I said to remove the pest and let Mum in Law

live there in peace for free

Obviously as a bear we wont be buying until the market bottoms

maybe in 12-24 months time

Tricky isn’t it..! <_<

so I suppose you want to pay off the ugly sister the other 1p ?

why don't you employ a legal expert to advise you instead of trying to get

free advice on an internet forum, which incidentally is worth every penny ?

You know what normally happens... the old girl has to give her property up to the local council

so they look after her in a nursing home to be cared for... unless you decide to take her in to be cared for ?

this could mean wiping her ar5e etc... or will she then become a PEST ?

All your motives suggest you're a pr!ck and I wish you misfortune.

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Tricky isn’t it..! <_<

so I suppose you want to pay off the ugly sister the other 1p ?

why don't you employ a legal expert to advise you instead of trying to get

free advice on an internet forum, which incidentally is worth every penny ?

You know what normally happens... the old girl has to give her property up to the local council

so they look after her in a nursing home to be cared for... unless you decide to take her in to be cared for ?

this could mean wiping her ar5e etc... or will she then become a PEST ?

All your motives suggest you're a pr!ck and I wish you misfortune.

very kind of you

If u had read the entire post instead of picking at parts it may have helped

I already stated the sister would get her full share

and as for caring for her mother it may interest you to know that my wife

being a qualified nurse with 23 yrs experience 10 of which were as a Charge Nurse of

an elderly care unit and myself who worked for a shorter time as a care assistant

which included 5yrs voluntary work for mentally and physically disabled people

which includes wiping their erses are not put off in the slightest in the care she may or may not need

in the future

Indeed after witnessing the care some people get in these homes

We would be determined not to let her go down that route

Not everyone in life is determined to screw their own family for themselves

My determination is to stop govt screwing her

I was also a fireman for many years , putting my erse on the line for a pittance

to save sorry ignorant numbnutz like yourself

now if u have nothing of value to add .........off ye fekk

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Im sorry, I read the OP and coundt really understand the thought process.

you want to buy from the MIL, the house is part owned by someone else and you want to force them out.

WTF??

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Im sorry, I read the OP and coundt really understand the thought process.

you want to buy from the MIL, the house is part owned by someone else and you want to force them out.

WTF??

:lol::lol::lol: it takes all sorts. Maybe if the OP can buy half of the house for 1p, then come the recovery it might be worth a quid...... bingo fantastic investment

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very kind of you

If u had read the entire post instead of picking at parts it may have helped

I already stated the sister would get her full share

and as for caring for her mother it may interest you to know that my wife

being a qualified nurse with 23 yrs experience 10 of which were as a Charge Nurse of

an elderly care unit and myself who worked for a shorter time as a care assistant

which included 5yrs voluntary work for mentally and physically disabled people

which includes wiping their erses are not put off in the slightest in the care she may or may not need

in the future

Indeed after witnessing the care some people get in these homes

We would be determined not to let her go down that route

Not everyone in life is determined to screw their own family for themselves

My determination is to stop govt screwing her

I was also a fireman for many years , putting my erse on the line for a pittance

to save sorry ignorant numbnutz like yourself

now if u have nothing of value to add .........off ye fekk

Hmmmm, your wife has 23 years nursing experience, which must make her age, and thus yours, somewhere between forty and fifty.

And yet you are still spelling 'you' as 'u'

Is this an attempt to be 'down with the kidz'?

In case you had not noticed, this forum is not about property legal advice. If it was, it would be called propertylegaladvice.com. However, it is actually called housepricecrash.com, which should give you a clue.......

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I was also a fireman for many years , putting my erse on the line for a pittance

Having funded my own training for 2 years with no grant or loan, and having

seen the starting wages for the fire service, and the (rightly) excellent conditions

in the fire stations due to home-office funding, as compared to the try-hard 'wannabe

a foundation trust' numptys that look after the ambulance service, you'll understand why

I'm not shedding any tears for your 'erse'!

But then, I love my job and thats enough to stay. At least its not like working

for wall-mart... YET!

Edited by compton_mo'fo

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this site has got the HPC wrong and massively wrong too, this site was born in 2003 prices didnt drop untill 2008 thats half a f*ckin decade out. And people on here class themselves as "having a clue" I agree things were ****** and people on here SHOULD have been right but they wernt yet many claim they are

Its not cantankerous its just true

And yet you joined in 2009? Given your attitude why are you here on this board? *confused*

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very kind of you

If u had read the entire post instead of picking at parts it may have helped

I already stated the sister would get her full share

and as for caring for her mother it may interest you to know that my wife

being a qualified nurse with 23 yrs experience 10 of which were as a Charge Nurse of

an elderly care unit and myself who worked for a shorter time as a care assistant

which included 5yrs voluntary work for mentally and physically disabled people

which includes wiping their erses are not put off in the slightest in the care she may or may not need

in the future

Indeed after witnessing the care some people get in these homes

We would be determined not to let her go down that route

Not everyone in life is determined to screw their own family for themselves

My determination is to stop govt screwing her

I was also a fireman for many years , putting my erse on the line for a pittance

to save sorry ignorant numbnutz like yourself

now if u have nothing of value to add .........off ye fekk

You come here wanting free advice, and instead of being grateful to the forum you bite the hand that you want to feed you, by insulting us.

I suggest you have a search on Google. I found this by searching for "selling a house to son"

http://www.thisismoney.co.uk/mortgages-and...;in_page_id=109

Then go and see a solicitor.

Simple.

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You come here wanting free advice, and instead of being grateful to the forum you bite the hand that you want to feed you, by insulting us.

I suggest you have a search on Google. I found this by searching for "selling a house to son"

http://www.thisismoney.co.uk/mortgages-and...;in_page_id=109

Then go and see a solicitor.

Simple.

I wasnt ungrateful to the forum

I responded to 1 ignoramous

and if you can tell me what is wrong about asking a question regarding buying a house

on a forum about the housing situation

which from what I can see is FREE to everyone please go ahead

It was a general enquiry looking for information

this forum used to be excellent ,it now seems to be inhabited by

clueless mouthpieces and children

I shall indeed seek PROFESSIONAL advice

I'll leave you amateurs to discuss ther size of Sarah Beeneys breasts

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I wasnt ungrateful to the forum

I responded to 1 ignoramous

and if you can tell me what is wrong about asking a question regarding buying a house

on a forum about the housing situation

which from what I can see is FREE to everyone please go ahead

It was a general enquiry looking for information

this forum used to be excellent ,it now seems to be inhabited by

clueless mouthpieces and children

I shall indeed seek PROFESSIONAL advice

I'll leave you amateurs to discuss ther size of Sarah Beeneys breasts

au revoir, asshole

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this forum used to be excellent ,it now seems to be inhabited by clueless mouthpieces and children

:blink:

I shall indeed seek PROFESSIONAL advice

And perhaps professional help.

I'll leave you amateurs to discuss ther size of Sarah Beeneys breasts

They are indeed big but I wouldn't want to fondle them though. Will that do?

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I wasnt ungrateful to the forum

I responded to 1 ignoramous

and if you can tell me what is wrong about asking a question regarding buying a house

You didn't post a question

You posted a page from "Alice in Wonderland".

If you had a question that you wanted an answer to, you should have posted in a way that made it obvious what the question was!

tim

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You can buy half a house for 1p if you like. You could even be given it, if you prefer. There is no stamp duty to pay... unless... there is a mortgage on the property and the beneficiary takes on the mortgage.

Of course, if the donor goes bankrupt or is taken into a home then the gift (sale at undervalue) may be reversed by the courts - is that your scheme?

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:blink:

They are indeed big but I wouldn't want to fondle them though. Will that do?

Sorry....I just do not understand....are you a hetrosexual female by any chance? :unsure:

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Sorry....I just do not understand....are you a hetrosexual female by any chance? :unsure:

:lol: Nope! I'm a straight male but I'm just not fond of the woman.

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