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I don't know.Thanks Yoganmahew. Didn't realise he would actually own the house. So if he's still proving difficult when time comes to build I should just not take the risk.Also, is it safe to say that any banks or other creditors could come after him for my house if he was in debt?
+1 - they won't touch it with a 40 ft. pole....
But I doubt any bank would give you a mortgage for the build if you don't own the land!
You need legal advice, but my own view (not a legal expert by any means) is -...Another thing, if I do get it into my own name, would the right of way be an issue in year's to come if there was someone else living in father's house?
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Worst case scenario is you could end up with two properties so inextricably linked that neither would have any value...
Thanks guys, sound advice. I presume that even if the planning does come through before I can get it signed over then the site as such would still be just a field as the planning would be granted in my name? I.e. he couldn't turn around and sell it as a site with F.P.P.?
Thanks guys, sound advice. I presume that even if the planning does come through before I can get it signed over then the site as such would still be just a field as the planning would be granted in my name? I.e. he couldn't turn around and sell it as a site with F.P.P.?
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