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Home Improvements Loan on Fathers 2nd Home?

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Years ago my father bought a 2nd house and made me the Trustee of the house. I contributed around 20% to the house at the time and since have been paying a monthly amount to him (out of choice) to pay towards it, even though he has gifted it to me (not via writing).

The house was bought out right (no mortgage on it) and I was hoping to carry out some work on it to modernise it.
The work I want to carry out on it will require me to remortgage the property or take out a bank loan.

As the house is not in my name, how would I go about obtaining a bank loan or re-mortgaging the house to pay for the works?

Due to the fact the house in my fathers name, what are my options?

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Why don't you get yourself put on the deeds as a part owner?  

OK, would cost, but otherwise, if the worst happened*,  I don't see that you'd  have a legal leg to stand on. 

*E.g. your father perhaps re marrying in the future, and forgetting your share in his will, or developing dementia and some unscrupulous person getting him to change his will in their favour.  I know someone who this happened to - his 'carer' turned him against his family, got him to marry her and leave her everything - and it was a substantial estate.  And although he had dementia, he had not officially been deemed to lack capacity, so there was nothing they  could do. They went to court over it but the woman was so clever and plausible that they lost their case. 

Such things do happen. 

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Personally I wouldn't put any more money into it until the legalities are cut and dried.  

Oops, that was supposed to be added to previous post. 

Edited by Mrs Bear

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