This is my first attempt on sites such as these to find an answer to to the above subject. I bought my mums council house for her 2 and a half years ago as she could not afford the payments as my dad who use to be the main earner died and left little provision for her.She has now asked me if I would take ownership of the property which I never wanted to.I guess she is thinking this was to ensure that I receive the house while she is alive as she is concerned that her other children will want part of it. My concern is the tax implication on taking this course of action and of course when I bought the property for my mum she also had a discount from the local authority. My understanding on that was she had to wait three years before she could transfer anyway otherwise she would loose part  or all of her discount as she had lived in the property for the last 50 years.Please can you help me. Thanks.