Will I lose my flat to pay for dads care

[Kayleigh78]

So the situation is that when I got my mortgage in 2006 I was working as a temp so that only way I could get a mortgage was if my dad went on it too. It was purely so I could get a flat and I have always paid 100% of the mortgage.

My dad has Alzheimer’s and when he goes in to a home will I be forced to sell it as I don’t have anywhere else to go.

That was 20 years ago, how on earth have you allowed that still to be ?

Where does your dad live right now ?
rented or bought, if bought is it still mortgaged or owned outright.

You need good legal advice to sort this out and to protect you.

How old is your Dad? Depending how old he was 20 years ago I’m surprised he was allowed on the mortgage. I wanted my Dad to be a guarantor on my mortgage but at age 65 the mortgage lender refused stating his age, regardless of his wealth.

Why can’t you take him off the mortgage now? You’ve obviously renewed it at several points over the last 20 years. Why didn’t you take him off? Obviously you must have paid off a fair old whack of the mortgage in 20 years and the value of the property will have gone up. Can you not remortgage? Ring your lender on Monday and explain the situation.

AI seemed to think they will have to clarify his beneficial share over his legal share. You can prove you have made all the payments so it doesn’t sound like it will be 50%. A solicitor would be your safest bet.

Did you put down a deposit? Is there any written agreement?

Is he on the deeds ?

Assuming that:
they are on the mortgage but NOT the deed
they haven't contributed financialy via help with the deposit or mortgage
And they don't live there

You'll probably be fine

You'll be in an even better situation if they own their own home and/or have any savings or investments

Don't take them off your mortgage now without legal advice

If someone is resident and you jointly own a property you do not need to sell. If only he owns it then you need to speak to a solicitor to see if there’s anything you can do to get it into your name.

No, you are the full owner in equity even if he is on the deed as legal owner (I'm assuming if he's on the mortgage?) - the council may need evidence e.g. a statement from you explaining that he made no financial contribution