Is it time for my brother to sell the House?

The time now has come where we feel that it is time to sell. Unfortunately my brother is unable to buy the property as he is the only breadwinner and wouldn’t be able to afford a large mortgage. All siblings have agreed he can stay in the property for the time being having made it clear that he has to find another property.

Why does my brother have to move out of his house?

His share of the house may not be sufficient to buy another property and his income may not be sufficient for him to bridge the gap with a mortgage to buy something. Nor does he have to move without the estate having obtained a court order evicting him.

Can a brother make himself and his family homeless?

It is unlikely your brother will make himself and his family voluntarily homeless, especially if all his siblings are already housed. His share of the house may not be sufficient to buy another property and his income may not be sufficient for him to bridge the gap with a mortgage to buy something.

Is it legal for my brother to live in my house?

All siblings have agreed he can stay in the property for the time being having made it clear that he has to find another property. As the executor how can we make this legal without losing our individual share of the estate?

How much does it cost to buy a house from a sibling?

Even if he wants to retain the house, he might be in a position to then buy you out of the shares he has given you. Otherwise the property would have to be sold. The cost of a simple Deed of Variation might be in the region of £350 plus VAT.

Who is inheriting my Mother’s House and cash?

My brother will inherit our mother’s house, while my sister and I get her dwindling savings: How can we get a fairer inheritance? My terminally ill mother’s will provides for myself and my two siblings, leaving a house to one and a cash sum to myself and my sister.

How much does it cost to get mother out of house?

Such applications can take several months even if there is a request to the Court to expedite it due to your mother’s condition and may cost £5,000-10,000 plus VAT or even more, so it might not be a route you want to explore, especially if your mother might not survive the application.

When did my parents buy the house when my father died?

When my father died ,he left a diy will and his house had deeds. My parents bought it in 1976 and I don’t remember having to contact the Land Registry.

Can a father force his brothers to sell the House?

But unless you and your other brothers would be happy and able to buy him out, it’s unlikely he would find a willing buyer. He can’t force you all to sell the property, but he can ask a court to order a sale.

How long has one of my brothers lived in the House?

One of my brothers has lived in the property for around 25 years. We all had a verbal agreement with my mother that he could live there as long as he needed to. We understand that one of my other brothers is now seeking to sell the house. Can he sell his share or borrow against it, and can he force the sale of the property?

Why does my Brother live in my mother’s house?

It is possible that some sort of promise was given to your brother by you or your siblings upon which he has relied to the effect that he can stay in the property indefinitely provided he repairs, insures and maintains it.