General Discussion
Was the question about avoiding inheritance tax liability or assigning your home to your children while you're still in good health to avoid the cost of a care home later on? With the latter, it's not a fat cat device, 'ordinary' people do it to deprive themselves of a means tested asset. Their children are up for it because their inheritance doesn't get eroded.
According to this newspaper report the question and answer concerned inheritance tax.
With regard to assigning homes to children I found this which gives some general info
http://www.inheritancesolutions.co.uk/articles/is-it-wise-to-transfer-my-house-to-my-children.html