{"id":140669,"date":"2023-12-12T14:00:01","date_gmt":"2023-12-12T07:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-buy-my-disabled-mum-a-home-in-scotland-but-i-cant-afford-the-property-tax\/"},"modified":"2023-12-12T14:09:13","modified_gmt":"2023-12-12T07:09:13","slug":"i-want-to-buy-my-disabled-mum-a-home-in-scotland-but-i-cant-afford-the-property-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-buy-my-disabled-mum-a-home-in-scotland-but-i-cant-afford-the-property-tax\/","title":{"rendered":"I want to buy my disabled mum a home in Scotland, but I can\u2019t afford the property tax"},"content":{"rendered":"


\nShe can\u2019t get a mortgage, but if I take one out the property will be classed as a second homeQ I\u2019m looking for advice on the tax implications of buying a property for my disabled parent to live in. My husband and I own our house that we reside in, in Scotland. We also have children and I work part-time.I own my mother\u2019s home because she cannot get a mortgage. Because of her disability I need to move her closer to where we live so I can help care for her. She cannot work and is therefore not able to get a mortgage in her name in order to move. This means I will need to get a mortgage to buy the property and this will then mean it is classed as a second home and be liable for the additional dwelling supplement. This is an additional tax of approximately \u00a315,000 on the home prices we are looking at. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I want to buy my disabled mum a home in Scotland, but I can\u2019t afford the property tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

She can\u2019t get a mortgage, but if I take one out the property will be...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-140669","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AAR","jetpack-related-posts":[{"id":114475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-being-married-stop-me-being-classed-as-a-first-time-buyer\/","url_meta":{"origin":140669,"position":0},"title":"Does being married stop me being classed as a first-time buyer?","date":"February 24, 2020","format":false,"excerpt":"\r I\u2019ve never owned a property, but we\u2019re living in a house my wife bought several years agoQ My wife and I live in a house my wife bought several years ago before we were married. 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