8 Mountbatten Road – Mother’s Home
David Cotterell – “I will pay you”
IC: I wanted it for you and David (8 Mountbatten road). So I went to the solicitors and discussed it. The only way that I could be absolutely sure it would go to you both was by putting it in David’s and my name
AC: Yes. That’s what it is
IC: and that’s what it is. . . And David, when anything happens to me, it would automatically
AC: go to David . . . .
IC: in David’s name. But he has promised me on the Bible . . . . That it’s half yours
Pictured above and below – 8 Mountbatten Road, Banksome Dene, Poole Dorset BH13 6JE – My mothers home (valued on the IHT404/2 form given to me by his solicitor as submitted to HMRC at £650,000)
Adverts of nearby similar property in 2014 selling for £1,100,000 .
8 Mountbatten Road Valued by RICS approved valuer for 2014 at £790,000
8 Mountbatten Road Valued for Virgin Money PLC (under instruction by David Cotterell) 21st July 2015 at £820,000
Why then, did David submit a valuation of £650,000 to HMRC 8th Sept 2015? Only a few weeks after Virgin Money had valued the house at £820,000 – He’s a valuation expert so he surely is unlikely to make a mistake? Perhaps he forgot?
IC: Well the only thing I can do is talk to David about it. He has promised me on his honour that he will see you get half the house
David Cotterell – Chartered Surveyor, Barrister, Liar
Albion Chambers, Bristol
The new Will makes him responsible for IHT on the house portion of the estate so I suspect he would want it valued as low as possible.