AIBU to feel upset my parents are selling their holiday home?

I hope it becomes a year round home for someone.

I find it upsetting that something so important to me, my husband and kids will be gone for no benefit to anybody.

You had use of it for 30 years and you've got a large sense of entitlement to it from that. It's not yours and you can't afford to buy it. So your parents will sell and they will benefit from that sale. Are they nobody? Like sheesh. That's greedy.

You expect to use it and they pay because you can't. Even if they gave it to you, how could you afford the upkeep and maintenance and taxes? Long distance properties are costly to own and burdensome.

It could be possible they've had financial advice to sell. If they can't go anymore, they must be fairly old.

Why don’t you and your brother buy a share each?

YABU but have you told them this is how you feel and asked them to reconsider? Again reiterating youll take responsibility for managing it for them

Where is it, and just how big and fancy is it, that the accommodation alone would cost 15k for 2 weeks?

Could they sell it but use some of the money to buy a smaller, cheaper holiday property in your (and DB) names, that you’d manage and eventually inherit?

Ah, that's no good then. I think you can sell to family for a lower price, but you have to bear in mind that extra CGT may be payable when you come to sell it.
It's a shame, but I think I understand your parents' wish to let the house go. As I get older, owning bricks and mortar feels more and more of a burden especially when it's some distance away and especially with climate change taking its toll.

Here's hoping you find some lovely new ways to holiday as a family.

If your parents did gift it to you and your DB, can you afford all the maintenance, upkeep, local taxes etc? Or will your DB have to take on that burden? That's somewhat unfair if that is the case regardless of whether he is happy to do it or not. And eventually I think DB would become resentful that he is basically providing you with cheap holidays.

Where abouts is it OP? My first thought was Florida

If it’s a tax issue then could you and your brother cover the capital gains tax bill? Is the bill less or more than cluminative inheritance tax?

Could there be financial concerns that you don’t know about?

No business of yours what they do. So many offspring in these pages being quite demanding of their parents

It might be that the annual costs are issue for your parents but they just don't want to say.

I am sorry you are sad. The end.

Could you look at your income/expenses? I'm a single parent, one child, no financial contribution from his dad, and me and my son go on one big holiday over the summer (thousands but not tens of thousands) plus one or two other trips (camping and/or city breaks) plus I go away with my sister in a spa break abroad every year. My only income is what I make (self-employed) and child benefit, I'm not rolling in it, but holidaying is one of my priorities.

She's explained why, multiple times. Read the thread, or at least all her posts.

Yes you pay tax on gifts to connected persons based on market value. There is gift relief but you would need advice to see if it would apply

my parents sold their second home because my mum just couldn’t deal with the stress of it being there like a millstone - not the cost but the upkeep and security etc etc

Exactly. I could have put my late mum's home into the hands of an agency to run. But it would still be there. Still a thing that I was ultimately responsible for. Something that I didn't want or need. I just wanted to clear that space in my head that it took up. And yes, I didn't want my kids to have to deal with all the complex tax and legalities and two years of legal stuff until probate could finally be sorted, when I go.

It's an age thing. When you have less time left on the planet, you want to lift some of your burden. And this property is a mental burden to your parents.

How old are your parents and how old are you, if I may ask?

Yes. DB buys 50% and OP could agree to repay her half to their parents every month?

How much is the 24% capital gains and property worth?

Why dont you buy it?

Sorry OP. I can understand why you feel upset. The upkeep could be costly so in some ways selling might be cleaner/easier in their eyes.

Do your parents know how sad you feel? Is the conversation now over for good or could you and your brother come up with a joint proposal that he (and you contribute) reimburse capital gains due if they sign over to you both? Fair thing to do would be to repay him half. Whether that be by remortgaging etc or taking extra hours.

The problem with your current approach is maybe it’s all gain for you and DB but not for your folks. If as it seems it is really important to you, you could at least try and find a way.

Also when you go away do you invite your Mum if your DF can’t travel?

But they would still be bearing the costs - so every time something goes wrong and needs fixing they will know about it

my parents sold their second home because my mum just couldn’t deal with the stress of it being there like a millstone - not the cost but the upkeep and security etc etc. so I can understand how your mum feels and it seems selfish to try and stop them severing a link that is bringing them stress

I was looking for the most egregious application of " Your kids didn't ask to be born' and threats to not offer eldercare, and I think it's this thread.

If, after 30 years of offering 4 holidays a year you get tired of doing so, remember : Your kids didn't ask to be born! And they won't visit you in your care home!