Mother in law selling house

xylophone

Otherwise if brother falls on hard times (needing care,

The MIL is over 60.

https://www.independentage.org/sites/default/files/2017-04/Factsheet-Care-home-fees-and-your-property.pdf

The value of your home must not be taken into consideration if
any of the following people lived there as their main or only
home before your move to a care home, and continue to live
there:
your spouse, civil partner or partner
a close relative who has a disability or is over 60.
This is known as a mandatory property disregard

franklee

xylophone wrote: »

The MIL is over 60.

https://www.independentage.org/sites/default/files/2017-04/Factsheet-Care-home-fees-and-your-property.pdf

The value of your home must not be taken into consideration if
any of the following people lived there as their main or only
home before your move to a care home, and continue to live
there:
your spouse, civil partner or partner
a close relative who has a disability or is over 60.
This is known as a mandatory property disregard

As lisyloo pointed out in post #13

lisyloo wrote: »

I would strongly suggest to anyone not to throw themselves on the mercy of the state as I've recently had the job of looking around nursing home and some are very poor and not necessarily covenient for family or even spouses, in fact some are downright disgusting.

So the brother may not want to rely on state care, he may want to realise his bungalow to make his life better for himself in later years. Seems reasonable to me that he should have that option.

lisyloo

The LA wanted to put my FIL in a diffferent home to MIL after 60 years of marriage. With him being bed bound and her wheelchair bound they would not have seen each other very much.
We said wed fight all the way and LA agreed to put him in the same home. I think this was because they get fined by hospitals for bed blocking so didt want a lengthy fight, but be warned.

They wouldnt be allowed to split up 2 pandas at the zoo, but youll get worse treatment as a human being.

Some of the homes we saw were in the overmydeadbody category. SIL would have given up her job. I dont know how she would have kept a roof over her head but she was prepared to put her foot down.

Personally I would have been happy to have a charge put against there home, but some people don't think they should have to pay for it so that isn't usually popular.

chelseablue

Thank you all for the response. Certainly a minefield and lots of things I hadn't thought of.

Was talking to her yesterday and she seems to be going off the idea of living with her brother (cant blame her, I wouldn't fancy living with my brother either!)

Her brother used to live a couple of roads away from her, but the bungalow he now lives in is about a 2 hour drive, so she doesn't really want to leave her children, grandchildren and friends

She likes the idea of downsizing and having cash in the bank. Where we live (Berkshire) that would probably mean a flat and she's adamant she doesn't want to live in a flat again.

lisyloo

There is a financial product for that :-)


It's called equity release where you can keep your home and free up equity.
Of course it comes at a cost and of course equity release companies are out to make profit.
Downsizing makes a lot of sense financially but maybe she's not at that point yet?
A smaller house or in a less expensive area but still close to her social circle could acheive it without her needing to have a flat.


In later life flats do have advantages when mobility declines.

For example the gardening being taken of (for a service charge of course).


It sounds like she's not quite at the point in her life at the moment?

chelseablue

Yes she's very independent. She has had cancer in the past (3 years ago) and she's still not 100% well.

I know her brother and the rest of the family worry about her living alone in a house that's too big for her to maintain.

I did suggest to her why not get a cleaner, but she said she would have to clean before the cleaner came round :rotfl:

xylophone

Would the brother consider moving in with his sister?

chelseablue

xylophone wrote: »

Would the brother consider moving in with his sister?

No, he'd never move back to the area where MIL lives (he lived there his whole life and moved away 8 months ago)

Red-Squirrel_2

chelseablue wrote: »

Yes she's very independent. She has had cancer in the past (3 years ago) and she's still not 100% well.

I know her brother and the rest of the family worry about her living alone in a house that's too big for her to maintain.

I did suggest to her why not get a cleaner, but she said she would have to clean before the cleaner came round :rotfl:

It sounds like she is more than capable of coming to the right decision for herself in due course, to be honest. I wouldn't be offering any advice if I were you.