Get UK Law Questions Answered by Verified Experts
House values each around £260,000
mortgage one one is £25,000
No mortgage on other.
Motivation I want to avoid inheritance tax
actually forgot to say one of the houses, we own jointly now. so want to put my half in to my son`s name.
On the house we own jointly, we jointly have the £25,000 mortgage so where does this leave me transferring to my son`s name the whole house. thank you.