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Duckhead
Joined: 24 Oct 2009 Posts: 2069 Location: Up the hill, Italy
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chez
Joined: 13 Aug 2006 Posts: 35934 Location: The Hive of the Uberbee, Quantock Hills, Somerset
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chrysalis
Joined: 24 Jul 2010 Posts: 8
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Posted: Mon Jul 26, 10 9:58 pm Post subject: |
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Hi Chez - thanks for your thoughts. I was just thinking that they would love to move into a house (even if it was not much bigger than the flat) and, with the £50k or so I would be able to give, would have a chance to do that. It wouldn't mean a bigger mortgage for them, so I thought this might help us all round.
I will only have the State pension which is forecast at £120pw and, at that rate, would not be able to afford Council tax or any other luxuries if I stayed here. I suppose, though, if I bought a static, the £100k or so I would make from the house sale would cover expenses like that. Just concerns me how long the money would last and what you do then !
I do appreciate what you're saying about deaths and divorce, etc, and hadn't really considered those possibilities so, maybe not such a good idea after all Seem to be going round in circles here!
Chrysalis X
Last edited by chrysalis on Mon Jul 26, 10 10:06 pm; edited 1 time in total |
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chez
Joined: 13 Aug 2006 Posts: 35934 Location: The Hive of the Uberbee, Quantock Hills, Somerset
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chrysalis
Joined: 24 Jul 2010 Posts: 8
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chez
Joined: 13 Aug 2006 Posts: 35934 Location: The Hive of the Uberbee, Quantock Hills, Somerset
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steppenwolf
Joined: 13 Dec 2010 Posts: 1
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Posted: Mon Dec 13, 10 9:12 am Post subject: |
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Hi, my first visit to the site, I know you are an older posting but if you haven't done it yet, DON'T do it. I brought my father to live with me and it was a nightmare, I have just come out of 7 years of legal disputes. I now say to anyone considering any type of homeshare with relatives - never, never. I was warned before I did it and said ' Oh but it's my dad' - no matter, it can happen with anyone. It is true what they say - you don't know someone until you live with them. Since my legal wranglings,started, which cost my thousands and are now forcing me to move home, I have met so many people who have been through it with parents or offspring. Please, you have been warned. Find yourself a quiet bit of land and do it for yourself, or buy the garden from your daughter but do not consider what you propose. Good luck for the future and I hope you make the right decision. |
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