Joint house purchase

[chas2008]

is it possible to purchase a property jointly but with only one person paying for it ?? mother & daughter( not husband/wife)

[chas2008]

yes Kaypar that would of been an option but its really too late now to put this in place,if the solicitor had mentioned this earlier we could have sorted something out.
Like you this is all about safeguarding for the future of grandchildren & great granchildren

[woofgang]

I am not a legal bod but from my experience with SS, whatever is done, if the intention is to reduce assets in order to avoid paying for care and {i]this can be provedquote[ then I don't think that anything can be done to safeguard those assets, including giving part of the house away. If someone is living in the house as their only residence then they can insist on continuing to live there but this is one of those circs where [i]provable intent] is the key.

[woofgang]

screwed up italics :-(

[chas2008]

the whole point of this was to put things in place from day one of the purchase rather than start shifting things around at a later date which obviously does look a bit 'iffy'...

[woofgang]

It's not the date of purchase that is the issue here, it's the health of the purchaser. If it looks likely/possible that the purchaser would need means assessed care in the foreseeable future then there is no difference between buying a house and giving a chunk of it away and just giving (or lending) the actual cash.

[woofgang]

...addition. If the purchaser is in good general health and is in no contact with social services, then she could fairly claim that any future need was not foreseeable and there was no intent to shed or conceal assets.

[BradyJa]

I agree with woofgang that if the person is in good general health it could be fairly claimed the future need was not forseeable.
I do know a daughter who moved in with her mother as a joint owner and cared for her mother who had physical problems.
At the time the mother had no dementia problems and the physical problems were manageable by the daughter.
Unfortunately the mother developed dementia over the next 2 years and the Social Worker did argue the daughter should have forseen this.
Sadly the mother passes away before going into a home but this shows that no forseeable need for a home could be open to dispute.