Don't even think of trying to dodge inheritance tax on your family home before you read this! Jaw-droppingly bitter family feud behind the sale of this £2.5m seven-bed home that both father and son claim they own..
. By Barbara Davies Published: 21:23 EDT, 23 July 2024 | Updated: 21:23 EDT, 23 July 2024 e-mail View comments On paper, at least, The House in the genteel Buckinghamshire village of Bourne End is a very fine residence. Estate agents trying to flog the £1.
75m, seven-bedroom, eight-bathroom 'outstanding individual home in a blissfully rural setting' appear to have consumed an entire dictionary of superlatives in order to extol its virtues. The property is, by turns, fantastic, incredible, sumptuous, lovely, remarkable, idyllic, wonderful, decadent. No mention, however, of the extraordinary, poisonous, vicious, vindictive family row which lies behind the attempted sale of the property; or the super-rich father and son who are currently at each other's throats in the High Court in London , each claiming that they own The House, each accusing the other of lies and deceit.
The gate of 'The House' in the genteel Buckinghamshire village of Bourne End Wealthy businessman Michael Parker, 61, who spoke exclusively to the Mail last week, said he transferred the ranch-style mansion to 31-year-old Tom for inheritance tax purposes as part of a trust agreement. It was done on the clear understanding, he said, that until his death he would retain a 'lifetime interest' in the prop.