ChatterBank3 mins ago
HELP/wills & property
5 Answers
my father died 9 yrs ago, leaving a house still owned by him,he stated in his will that his wife (not my mum) can live there for as long as she likes (old age) if not she must sell and monies to be split between herself and his 3 children.their is no mortgage and no rent being paid and the house is stiil in his name, what i would like to know do we the children have any rights , what happens if she sells what will happen if we have to wait to old age(her) is their any thing we can do now
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No best answer has yet been selected by lillypink. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I suggest you consult a solicitor. If your father's Will has been filed with the probate office he should be able to access it and it may be possible for the solicitor to put some kind of charge on it at the Land Registry to prevent it being sold without your knowledge. However, you don't need a barack room lawyer like me in this case but a real one !
If she sells you each get a quarter of the net proceeds.
If she stays there until she dies you then you probably (depending on what the will said) each get a third of the net proceeds.
I don't think there's anything you can do to lay your hands on the money now if she doesn't want to sell.
Other than ensuring the Land Registry has details of the true ownership I'm not sure there's any more you can do.