Keaton

Hi everyone, So, as it stands I'm at the very beginning on my quest to build my dream house at the ripe old age of 26...! Essentially, I'm very fortunate enough to have the option of either purchasing some land from my grandmother or having her gift it to me and transferring the land into my name. Does, anyone have any experience with this process? I hope to establish if gifting me the land is better than buying it for a small amount, say £1,000? what would be the cheaper long term option do you think? (I don't particularly want to be liable for inheritance tax at a later date should anything happen if that makes sense?). Any help anyone can offer will be greatly appreciated!!! Many thanks, Keaton!