I lent my DD and SIL a very substantial amount of money to buy a house as at the time they couldn't get a mortgage. Being a retired accountant I did it all properly. The house was in our three names. A deed was drawn up saying that the loan would be for no more than 2 years and a charge was was put against the house. Belt and braces you might say but the amount was virtually all my savings and she is one of 6 children . In return I received a small weekly sum to replace the interest lost. Everything went smoothly and within 18 months they got a mortgage. Now I had saved them over £10K over the rent and council tax they would have paid on their previous house. I then had a phone call saying that it was going to cost over £800 to take my name off the deeds and cancel the charge and they expected me to pay it. ???? Indeed I would not. I received my money but wasnt spoken to for some time and then she was complaining they didnt have enough money to complete the kitchen extension. My purse and mouth stayed tightly shut. I agree with the previous posters who say children should repay money lent or they feel entitled. OP I think you should ask your daughter about the loan and if she cannot give you the while amount straightaway draw up a monthly payment agreement
The Israeli election, will Netanyahu stay in power?
How can *anybody* still see this man as any kind of statesman or world leader?
