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About to Purchase a House after Living with Parents - They Move in to Save

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Comments

  • Adamc wrote: »
    . We can ask them to move out at any time and my partner is happy with this.

    Lastly and by no means leastly supposing you find a partner and settle down. Will they be willing to share a home with your parents?

    .


    Apparently so.
    You can pick your friends and you can pick your nose but you can't pick your friend's nose.
  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    money and family don't mix, you will find that space and privacy are something you will miss, especially when you have children.

    Guess your not ready to leave the nest
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Will you be getting anything out of this arrangement, OP?
  • seashore22
    seashore22 Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 20 September 2016 at 5:34PM
    Sounds horrendous to me, but each to their own.

    What kind of house do your parents live in? Council, housing association, private? This makes a big difference to whether it's a good idea for your parents.

    Still wouldn't consider it myself.

    Also I don't see the point in buying a family home if you're just going to move more people into it and have less space. Buy a smaller house that you can afford and have some privacy for you and your partner.
  • Marvel1
    Marvel1 Posts: 7,514 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Adamc wrote: »
    I've been living with parents free of charge all my life. I now have saved enough for a deposit since graduating and want them to do the same. Can I move them in with me and return the favour?
    Adamc wrote: »
    We can ask them to move out at any time

    Confusing a bit.
  • marksoton
    marksoton Posts: 17,516 Forumite
    Davesnave wrote: »

    Absolutely!

    And also somewhat delusional.
  • teddysmum
    teddysmum Posts: 9,533 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you live in a council house, should they live with you and then you ask them to leave, they are very unlikely to get another council property because of long waiting lists.
  • teddysmum
    teddysmum Posts: 9,533 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There is a recent thread, in this section, about old people who have 'given' money to family to extend a home for them to share, but now are likely to both need care.
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