Tax implications for inherited property need confirmation

A person inherited half of their mother's house after her partner passed away in 2023. The mother had died 24 years earlier, and her partner was allowed to live in the house until his death. The heir was concerned about potential capital gains tax resulting from the increase in property value during those years. When the mother died in 2000, she co-owned the house with her partner. Her will allowed him to live there for life. He paid all bills during that time, and the heir had no access to the property until after the partner's death. In 2005, the heir added their name to the property deeds for legal protection. Experts advised that the capital gains tax, if applicable, would only be on any increase in value from the partner's death in 2023, and not from the mother's death. The property should benefit from an uplift in value at the time of the partner’s death, meaning the heir might not owe any tax for gains between 2000 and 2023. The situation remains complex, especially concerning possible inheritance tax on the partner's estate. Consulting a tax adviser and solicitor is recommended to clarify any tax obligations and the inheritance process.