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  • One important thing about Joint Tenancy that hasn't already been made clear is that each of the joint tenants technically owns the entire property, so in the event of the death of another JT not only does ownership revert, the property does not form part of the estate and cannot therefore be included in any inheritance tax calculations.

    You want JT unless you're buying with mates rather than a partner and want each person's ownership to be completely defined.

    For surveys, if it's a freehold house get at least a survey done, and ask for estimates of any work needed. I was very pleased with these guys: https://goldcrestsurveyors.com/. As has been said NHBC is a club for builders, not a guarantee.

    The tip may be a source of methane, but it probably isn't.

  • in the event of the death of another JT not only does ownership revert, the property does not form part of the estate and cannot therefore be included in any inheritance tax calculations.

    I'm no tax specialist, but this is definitely not correct. If it was, half of the elaborate IHT avoidance schemes out there would be unnecessary.

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