Can You Buy a House for a Family Member to Live In? Legal and Financial Considerations - Wellbeing Magazine
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1 Articles
Can You Buy a House for a Family Member to Live In? Legal and Financial Considerations - Wellbeing Magazine
Buying a property for a family member to live in — whether it’s a child, ageing parent, or relative in need — is a generous and thoughtful act. In the UK, this kind of arrangement is increasingly common, especially as house prices continue to rise and homeownership becomes more difficult for younger or lower-income individuals. However, while the idea is simple, the legal and financial considerations involved can be surprisingly complex. From mo…
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