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To sell or not to sell that is the question.

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  • Savvy_Sue
    Savvy_Sue Posts: 47,620 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you would sell once both your parents have sadly died then if they are unable to go home it makes sense to sell now, once you have the LPA’s. All the property is going to do is demand your time and energy and be a potential ongoing issue. 
    RAS said:
    Even with your parents in a care home, you will have quite enough on your plates without the huge learning curve involved in becoming an LL.

    Read up in the renting and selling forum. There is a list of things which invalidate an S21 notice; it's not entirely up to date but there are over 80 things you could get wrong, or forget to do within time  in all the hustle and trouble of being responsible for elderly folk. Using an agency doesn't alter the fact that you would be legally responsible, just makes it more likely there will be a muck up. 
    I think these two sum it up very well: and I'd just add that the ONLY reasons to consider letting IMO would be if it's practically ready to go, and a very desirable property in a highly desirable area to rent. And I'd only consider it if I was already well versed in the practicalities of being a landlord. 
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