What to buy with £100k?

I still think any property or land investment just before a Labour govt is not wise. They have pledged to crack down on 2nd homes.

Rental properties as said but with local management and in a decent university town so the dcs can if they wish live in them if the go that university.

Do grow up. This isn’t animal farm. Different people have different problems. It’s not a race to the bottom of the cesspit.

This definitely - land is a huge responsibility and there are laws on what you can and can't do on it so you need to do a lot of research and planning. As this poster says it adds a huge amount of responsibility and ties you to an area to maintain it. It's also something potentially going to increase in tax and councils may be able to compulsory purchase it regardless of whether you want to sell under Labour.

I'd invest it in memorable trips around the world and a club/hobby for each DC.

Oh you poor thing, what a difficult decision 🙄🙄🙄🤦‍♀️

This would be my suggestion as it is what we do for our own children.

Absolutely!

Rightmove, property type = land. I'm sure there are other platforms too if you google.

Please do your research into maintenance of woodland - it’s a lot of work! Great if you and your partner as the adults are prepared for hard graft. Not so much if you aren’t, so just do your research into it.

I like this idea too. Only thing to check is if there are public footpaths through it. If there are, you are just owning something you already can access

Education but with school fees looking like £20k + Pa min for the coming years that's only 3 years per dc. 6th form school and good uni halls and gap years?

Don’t do this.

Use it to start a buy to let portfolio so they have income when they hit their university years

I agree with PP. Really excellent holidays once they are old enough to appreciate them - a safari, a trip to US, NZ, Oz or Japan.

Some cultural trips maybe - several city breaks to places like Rome, Paris, Venice, Vienna etc.

I've used money from family to give DC a chance to do things we couldn't usually afford - seeing West End shows, taking them (once they are old enough, as above) to Michelin starred restaurants, or to top sporting events and festivals and gigs.

You could set some aside for long haul school trips later in their school life - sports or music tours, ski trips etc.

You could also use some to remodel their bedrooms as they grow older so they have comfortable welcoming spaces to hang out with friends.

Why?

He's saying he wants to give the kids the money - but nobody wants to lob that kinda money directly at kids.

It's not enough to go to the expense of setting up a trust fund.

And he's effectively letting the mum choose whether it's equal shares or not, and how to dispense it.

It avoids the other issue of grandparents giving money directly to children and annoying the parents.

I would ask 2x questions of @Tristani .

1. If the money's not going to the children immediately, then you could effectively invest it in your mortgage and give them more later (principle plus interest)
2. Would grandpa like the kids to see the benefit immediately - do they already have a close relationship or is he trying to create a better one as he gets older (tbf, a gift does help there!).

Yes to the land!!
What a wonderful idea. And so very wholesome. Do it!!

Honestly as someone with inherited/gifted land & holiday homes, it’s a right pain. That doesn’t mean we’re not grateful for it but - you feel like you can’t go to other places for holiday or you’re not getting the value of the holiday homes, there’s a level of maintenance that’s ongoing & just a hassle & there are a number of associated costs that you just can’t avoid. The land needs a level of maintenance that again is quite onerous & another chore, again if you aren’t using it you feel guilty and there are associated costs.

We’re in the process of getting rid of a lot of it now as it’s just not compatible with our lifestyle. You also have the associated emotional connection that makes it all a lot more complicated.

Invest in the stock market. Premium bonds also a good shout if dc don’t already have them. Have the cash there for them in future without adding to their responsibility load. A much better gift.

The wood idea is good. The woodlands.co.U.K. Insta sometimes has ideas for small patches of woodland.

You could sell it when the kids are adults to put towards the house funds.

Are they planning to go to university? If yes, I’d split it into a trust fund that you solely use to pay uni fees and/or use for accommodation fees to ensure they leave with as little debt as possible?

And another for luck

Just posting twice in case you do do that

Give £1000 each to the first 100 posters on this thread

Those woodland options look amazing, especially the one with a shelter a d a woodburner. I'd definitely do that.

Put it into an ISA tracker fund and then use it for uni/house deposit when older. That will give them the best start.

Woodland sounds great aged 10, but may not be appreciated at 18.

Maybe take £5k in total for a great holiday.

A small parcel of land and a campervan. If your kids are outdoorsy you'll have a few years of adventures and then when they hit the teen years and want friends round you have land for parties, long weekends.... You could build a temporary structure for shelter for the family parties.....