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Help and advice needed!

Hello all,
Myself and my mum both live in London, in separate houses. My mum has lived in the same house for 50 years but now wants to move but won't without me. Currently we live opposite each other. The problem is we have no idea where to go. Robe able to find something like we have now is near on impossible. My brother lives in Sussex and my father in Dorset so somewhere in between. When you don't know an area though, where do you start? My mum is retired and I can work anywhere, neither of us are particularly sociable and stay in alot. This is a frightening experience but one we need to do.
My mum jointly owns a property with my dad and he owns one he rents out. So money would be split.
Thanks

Comments

  • You need to start exploring first. I'd be looking at areas near your brother and check out house prices on Rightmove etc. Maybe your brother can suggest nice areas?

    Could you live together for a while? It might make it easier , if you put both London houses up for sale and then one of you buys a place in 'New Town' and you both move in and then look for the second home nearby, it's possible but unlikely to find two houses together for sale....unless you went for new builds ...there's another option! Look at new builds in new area and see if they would part exchange ??

    It's not simple but there are lots of possibilities.
    Decluttering, 20 mins / day Jan 2024 2/2 
  • The other option was to sell and rent for a while so we can see what funds we have. Of course, there is also the possibility that one house will sell and the other doesn't
  • xylophone
    xylophone Posts: 45,426 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is your mother living in the property jointly owned with your father?
  • Yes that is correct. They are still married but my dad lives in Dorset for health reasons. So she wanted something that pleases everyone.
  • xylophone
    xylophone Posts: 45,426 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is your mother living in the property jointly owned with your father?

    A married couple can only have one PPR - the position re CGT on your father's portion of the sale proceeds may need to be checked.

    Might it be an idea for you to sell your property and move in with your mother while you consider your options?
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