To think this is fair
autumneverose · 24/10/2018 15:54
Here is the situation.
My brother and I each inherited £50000 from our mother. He bought a flat with his.
My dad bought me a house outright. It cost £110,000 - three bedrooms and a garden.
When my dad died he left everything to my brother and I. However this clearly wasn’t fair as I’d come into some of my inheritance early so we decided my brother should have my dads house - three bed with a garden. My dad also owned a flat which was just say is ours.
Fast forward five years and my dads house is now significantly lower in value as is my brothers flat. But here is the thing - he hasn’t looked after either property at all. Both are filthy: cobwebs and piles of dust and dirty. Rickety old furniture. No lights stained and smelly carpets.
In contrast I’ve spent money on my house and also the flat so they’ve gone up in value although only moderately.
My brother now says he feels shortchanged. He feels that the flat my dad left us both should proportionately belong more to him than me.
AIBU to think this isn’t on?
Gazelda · 24/10/2018 15:56
Did you get all the properties valued at the time of your DD's death?
Gazelda · 24/10/2018 15:59
Well on the face if it, the arrangement seems to have been fair. But I don't think it's possible to say unless you know what each of the properties were valued at when this all happened.
autumneverose · 24/10/2018 16:01
Well, they are similar areas and similar homes. My dads house is a semi detached and mine is a terrace. My dads also has a drive and mine doesn’t. However the transport links where my house are are a bit better.
I would never shortchange my brother but I am honestly sure it’s fair.
MondayImInLove · 24/10/2018 16:02
So you both got a 3 bed house and a flat?
Assuming both houses / both flats were of comparable value at the time you inherited then what happened since is irrelevant and it seems fair.
Travis1 · 24/10/2018 16:03
So he has a flat and a house and you have a house? What has he done with the flat since moving into the house?
Shockers · 24/10/2018 16:03
Could you arrange a speculative valuation on your brother’s properties, to ascertain what they’d be worth in good condition?
MondayImInLove · 24/10/2018 16:03
Cross post. Then yes I would say it is fair.
Point out to your DB the difference in price between a house in a good condition vs one that isn’t (find examples online)
autumneverose · 24/10/2018 16:05
We share the flat (in an ownership sense, neither of us live in it.)
Cornishclio · 24/10/2018 16:09
I would say it is fair. If you both got £50k from your mum when she died your brothers flat can be ignored. If your dad bought you a house outright and your brother got your dads house then this seems fair if roughly comparable in terms of size, condition and area. If he has let the house fall into disrepair and it has gone down in value since then that is on him. The flat should be split 50/50 with the proviso you get back any money spent on it on sale. If anything you should get more.
idontknowwhattosay · 24/10/2018 16:09
How much did you think yoyr df house was worth?
You got 50 from mum then 60 for dad to make up to 110?
He got 50 from mum then dads wjole house?
You jointly share the flat?
autumneverose · 24/10/2018 16:11
Each got 50k from my mum.
My dad then gave me £110,000 to buy my current home with.
When he died my brother inherited his home which was worth more or less the same.
Troels · 24/10/2018 16:16
I think your brother is being a chancer, he has a house the same as you, if he chooses to let it go to wrack and ruin thats his lookout. You aren't his parent and aren't responsible for him, tell him to man up. Things were split as even as possible he needs to get on with life. I think you should both sell the joint ownership flat so that you are no longer tied together financially.
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