Are there any Iht implication if cash is gifted for recipient to buy a property but then wanting the recipient to make a monthly payment back to donor in return?
does it make any difference if it cash that is gifted or property bought by donor and then gifted
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Mortgage?
that sort of gift is called a 'loan'
Indeed! Also if this loan has been used as a deposit to obtain a mortgage then the lender would want to know about it and may well refuse to lend, as they don't tend to be keen on people borrowing for a deposit (sort of defeats the purpose of a deposit really, even if the additional loan is only on fairly lax bank of mum and dad terms!)
I agree that it looks more like a loan than a gift. But we don't know how the monthly payments relate to the amount of the initial advance. It could be partly a loan and partly a gift.