Selling two to buy one

diystarter7

sizle101 said:

diystarter7 said:

Hi OP

The staying together, joint ownership I guess sounds nice but via my work I've seen thigns go very sour quickly. Just a heads up for all of you and consider the waht if you split/etc/etc

The rental - at times if the T is longstanding and a good T, may work to your advantage to sell with sitting T as the new owner gets income straight way - we bought with a siting T and worked out ok . However, the EA's in that areas will give the best advice for the area if to sell empty or with a T.

Thanks

Thanks for your input, have been considering all things, mainly if me and partner separate, I can't seperate from mum unless by nature. 

Hi
Thank  you. I understand
Good luck

SDLT_Geek

diystarter7 said:

Hi OP

..................

The rental - at times if the T is longstanding and a good T, may work to your advantage to sell with sitting T as the new owner gets income straight way - we bought with a siting T and worked out ok . However, the EA's in that areas will give the best advice for the area if to sell empty or with a T.

Thanks

I do not think there is a rental here.  OP did not mention one.

dimbo61

Could you look for an over 55,s apartment for your mum to rent near where you want to live.
Maybe Mum wants to move in with family and maybe you both want the same but if she has her own space and you want to move out of the flat and buy a house for yourselves !
Consider an offset mortgage with YBS and mum can help you 

diystarter7

dimbo61 said:

Could you look for an over 55,s apartment for your mum to rent near where you want to live.
Maybe Mum wants to move in with family and maybe you both want the same but if she has her own space and you want to move out of the flat and buy a house for yourselves !
Consider an offset mortgage with YBS and mum can help you 

Hi

Not sure if you missed the comments OP posted at me and I quote

 "I can't seperate from mum unless by nature. "

Therefore, an apartment of the type you suggested is out of the question

Thanks

silvercar

I think it is a recipe for disaster personally. You are all used to your own place, does your partner want to live with your mum long term? What happens if your mum suffers declining health or you and partner want a family and need more space?

_Penny_Dreadful

diystarter7 said:

dimbo61 said:

Could you look for an over 55,s apartment for your mum to rent near where you want to live.
Maybe Mum wants to move in with family and maybe you both want the same but if she has her own space and you want to move out of the flat and buy a house for yourselves !
Consider an offset mortgage with YBS and mum can help you 

Hi

Not sure if you missed the comments OP posted at me and I quote

 "I can't seperate from mum unless by nature. "

Therefore, an apartment of the type you suggested is out of the question

Thanks

There’s a difference between separating from your mother i.e. having no relationship at all with her, and living under the same roof as her. Clearly the OP doesn’t live with mum now and isn’t separated from her. 

I’d be interested in how the partner feels about not only living under the same roof as the mother but having her finances entwined with the mother as joint owners of the property whilst the OP has made it clear mum will always come first. I’d also be interested in how mum feels about throwing her lot in with her offspring’s partner. Both women appear to be the ones stumping up the capital so what is the OP bringing to the table? 

sizle101

_Penny_Dreadful said:

diystarter7 said:

dimbo61 said:

Could you look for an over 55,s apartment for your mum to rent near where you want to live.
Maybe Mum wants to move in with family and maybe you both want the same but if she has her own space and you want to move out of the flat and buy a house for yourselves !
Consider an offset mortgage with YBS and mum can help you 

Hi

Not sure if you missed the comments OP posted at me and I quote

 "I can't seperate from mum unless by nature. "

Therefore, an apartment of the type you suggested is out of the question

Thanks

There’s a difference between separating from your mother i.e. having no relationship at all with her, and living under the same roof as her. Clearly the OP doesn’t live with mum now and isn’t separated from her. 

I’d be interested in how the partner feels about not only living under the same roof as the mother but having her finances entwined with the mother as joint owners of the property whilst the OP has made it clear mum will always come first. I’d also be interested in how mum feels about throwing her lot in with her offspring’s partner. Both women appear to be the ones stumping up the capital so what is the OP bringing to the table? 

My partner seems willing to live under the same roof and would help with looking after her.  Mum seems to be onboard, unfortunately I won't be bringing anything to the table but I will be paying all the bills for everyone.

Zerforax

Might be hard in London but sometimes you can find a property which has a "granny flat" or standalone enclosed living space (own bathroom/kitchen etc) as part of one property?