Hi everyone, just after a little advice on my parents houses.
They have rented all their lives, seperated, seperate houses.
They both have been offered to buy their homes, from the council for about 30% of the market value.
They will never have the money to buy their homes, they both do not work.
It would seem a waste for them both to pop their clogs, and the houses going into other hands.
How then, is it possible to keep the houses in the family - would the mortgages both have to be in their names?
I have a bit of money and would like to help them with buying.
Anyone had a similar situation?