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My father and mother owned a holiday home in their names as joint tenants. Ten years ago following the death of my mother my father put the property into his and my joint names; again this was as joint tenants. There was a capital gain but because he had inherited half from my mother about one year previously it was manageable and I believe that the tax was settled at the time.
In the past decade we have each used the property for weekends away and holidays sometimes together and sometimes independently.
I contribute my half share towards all the bills although because my father is retired he has probably used the property more than I have. However I expect that this will change as he becomes older and finds the journey more difficult. He paid for...
