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Can I pay off my daughters mortgage. I am able to give her…

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Second opinion] Can I pay...
Second opinion] Can I pay off my daughters mortgage. I am able to give her £50000 for this purpose. I am 72.
Submitted: 10 months ago.Category: UK Property Law
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Answered in 1 day by:
9/24/2017
Solicitor: Nick H, Solicitor replied 10 months ago
Nick H
Nick H, Solicitor
Category: UK Property Law
Satisfied Customers: 125
Experience: Ten year qualified Solicitor
Verified

Hello

Yes you can.

If you die within 7 years there of the gift there are tax implications otherwise not.

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Customer reply replied 10 months ago
Thank you I am more than satisfied with such an uncomplicated straight forward answer, I asked my own solicitor who said she coulldnt advise me as she only deals with wills!!!! So thank you. This has been so helpful.
Solicitor: Nick H, Solicitor replied 10 months ago

Hello again no problem

Your rating would be much appreciated

Thank you

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Customer reply replied 10 months ago
I hadnt intended to ask for a second opinion as I was satisfied with the first answer. I think the wording or how to end my communication confused me. I am happy with the responses. Thank you.
Customer reply replied 10 months ago
No more communication. I have cancelled my membership. Thank you,
Solicitor: Nick H, Solicitor replied 10 months ago
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