Property and inheritance

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Discussion

dreaddan

Original Poster:

282 posts

211 months

Wednesday 23rd April 2014
quotequote all
I wanted to check something about property and inheritance as I think someone has been given duff advice. I assume SPL is better than Homes etc…
So a unmarried couple bought a house and put it in joint names (I assume 50/50 split), and separated after having some children with the mother living in the house.
If either parent dies who does their share of the property go to?

Thanks
Dan

dreaddan

Original Poster:

282 posts

211 months

Wednesday 23rd April 2014
quotequote all
Hmm I dont know I'll see if I can find out.
But if it is joint tenancy then wont the property go to the other owner regardless of a will or not?

dreaddan

Original Poster:

282 posts

211 months

Wednesday 23rd April 2014
quotequote all
Hmm I'm even more confused now..
Accoring to the land registry
[i]Beneficial joint tenancy -> If you die, your interest in the property passes automatically to the other owner or owners.
Tenancy in common -> You can give away, sell or mortgage your share. If you die, your share of the property passes to the beneficiary in your will.[/i]

dreaddan

Original Poster:

282 posts

211 months

Wednesday 23rd April 2014
quotequote all
Cheers.


dreaddan

Original Poster:

282 posts

211 months

Wednesday 23rd April 2014
quotequote all
No idea if there was a agreement, probably not by the sounds of it.

Thanks for all the help guys, I wanted to check if the advise was sound on not.