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I was working on the basis that you might be added to the property, assuming your parents still want to continue living there?
Sorry, misunderstood you there. My parents aren't going to gift their house to me.
The bridging loans would still need to be repaid somehow, so may require a refinance or capital raising on the property that you have inherited.
Were my parents to die tomorrow I'd sell the house and use that cash to pay off the bridging loan. Probably. The remaining cash from the sale would then get distributed. Probably. I haven't read the detail of my parents will although I know roughly what it in it. It isn't just a sibling split so will be a little complicated.
At least they have a will.
The bridging loans would still need to be repaid somehow, so may require a refinance or capital raising on the property that you have inherited. Bridging loans are expensive, and of course get complicated if you have siblings, or the will is more complicated than just direct to children.