My granddad wants to get his finances in order before the inevitable happens, although he is old and has some medical problems… he is sound of mind and can hold a conversation.
One act he wants to carry out, is to give his house to my younger brother (all parties agree and there is no issue from any family members). He does not have a mortgage on the property and is the sole owner and occupier.
What’s the best way to do this and keep costs down? If we have to involve a solicitor then so be it, but I feel it should be straight forward as there is no financial commitments.
Also will my brother have to pay any UK taxes ect?
Read more: Transfer of Ownership Freehold Property in the UK?
