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Hello, We are two American citizens owning property in Italy.
Hello, We are two American citizens owning property in Italy. Our property consists of different buildings and parcels of land. Most of the property, a 5-bedroom/5 bathroom villa, is one person's name… read more
Expert
Expert
Second opinion] standard holiday letting agreement. it is
Second opinion] standard holiday letting agreement. it is what my tenancy agreement say , from 23th of January till 23rd july. is this tenancy agreement a short hold tenancy agreement ? must landlord … read more
Nick H
Nick H
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I have a UK IHT question. I will outline the scenario.
Parents own a valuable property in central London that is their main home. Youngest parent is 80. Are keen to consider gifting but still need a smaller property to live in as a replacement for their main home which is becoming impractical as they age. There are 2 siblings and they want to treat both equally in the transaction. One child (us) has significant disposable cash to potentially 'buy' the other out and one does not have the money but is open to being bought out. Somehow the parents need other accomodation, and cannot afford this themselves despite the high value of their property (and want property to stay in family)- How should we progress an equitable arrangement whilst recognising the risk that the property may end up within their estate for tax purposes (7 yr rule) given their age?- Does giving the second sibling money in recompense constitute a taxable event for one / both?- What taxable impact / risk if any is there if the sibling that is recipient of the gifted property then buys a different property for the aging parents to live in?- How do we mitigate the arrangement for the fact that one sibling has to buy a new property for the parents as well as having to buy out the other sibling?Also - The sibling with the cash is domiciled for tax purposes in USA, but will return to UK within a year or two to take up residence at the parents property as main home. Perhaps the transaction also creates an issue here. Thankyou!… read more
Nick H
Nick H
LLB
125 satisfied customers
I bought my first property in London in 2010. I lived in it
Hi there, I bought my first property in London in 2010. I lived in it for 2.5 years and have rented it out since then. I have not bought a second property in London / UK since then and the property is… read more
James Mather
James Mather
I have a unilateral notice on my property by my wife, who
I have a unilateral notice on my property by my wife, who now left the country and lives in the USA. The property is in my own sole name. She never contributed to it. She lived in the property for 2 y… read more
Clare
Clare
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Bachelor's Degree
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my mum sublet a council property in London; the council received
my mum sublet a council property in London; the council received a tip off and went to the property to take pictures and interview the person living in the apartment. Is she going to be charged with a… read more
Alice H
Alice H
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Does the following lease give me a) security of tenure (3.3)
Does the following lease give me a) security of tenure (3.3) and b) continue to the benefit of any future purchaser of the main lease? Regards XXXXX [email protected] Licence follows: This Licence m… read more
Thomas
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uk property question i have had a long term relationship with
uk property question i have had a long term relationship with my partner we own a house in London he has a 60% share and i a 40% share. We will have paid off our mortgage in 8 months. We own the prope… read more
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Hi There I live in a mansion house in London, where recently
Hi There I live in a mansion house in London, where recently my apartment was broken into (front door forced, door frame busted, door opened). I would like to know if there are legal grounds to make t… read more
Alex J.
Alex J.
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I own a 2 bedroom house in calne wiltshire. I am the mortagage
I own a 2 bedroom house in calne wiltshire. I am the mortagage payer. I rent one room out to a male who has lived there just over 18 months. i recently got permission from the mortgage company to let … read more
Joshua
Joshua
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Can I recieve housing benefit for renting a property that belongs
Can I recieve housing benefit for renting a property that belongs to my son but is not his primary residence and never lives there? Many thanks… read more
Jo C.
Jo C.
Barrister
Master's Degree
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A close relative who owns a house in London which he rents
A close relative who owns a house in London which he rents out, also rents a property in the west for his own use. He believes that after renting out his London house for 3 years (next year) he become… read more
Thomas Judge
Thomas Judge
solicitor Advocate
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I am the Lasting Power of Attorney for my uncle who is now
I am the Lasting Power of Attorney for my uncle who is now resident in a nursing home. His house has been unoccupied for a year and squatters have just moved in. I would like to know if there are any … read more
F E Smith
F E Smith
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I bought a house 20 years ago under a shared equity agreement.
I bought a house 20 years ago under a shared equity agreement. The 25% the builder owned should have been paid to them after 5 years. I was unable to pay this at the time and it was agreed with the bu… read more
Senior Partner
Senior Partner
Bachelor's Degree
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Hello I wonder if you could help me, we live in a small terrace
Hello, I wonder if you could help me, we live in a small terrace of 8 houses that are built on the side of a hill. Each house has a garden and then there is land at the back of the gardens. 1 of the h… read more
James Mather
James Mather
I am a tenant of a council property of 3 bedrooms and enjoy
I am a tenant of a council property of 3 bedrooms and enjoy a fairly large garden with garage. My council has now sold a row of the properties of to a housing association and I have been offered an as… read more
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Joshua
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i bought a house on the right to buy scheme two years ago...it
i bought a house on the right to buy scheme two years ago...it was my family home therefore my mother agreed to this as a route onto the property ladder for me as she wanted to leave home and live in … read more
cmd2008
cmd2008
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Hello..i am from Canada (East) I have on hand a Last Will &
Hello..i am from Canada (East) I have on hand a Last Will & Testament (Copy could be sent by E-mail) this person as told was residing atXXXXXMarques House, Yorkshire Landon UK., her name Yvonne Patty … read more
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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