If you inherited £450k, what would you do with it?

[GastronomicDelights]

Let's assume you don't have any kids to pass it on to, so we don't have a whole thread about putting it by for the kids, what would you do with an inherited £450k?

I'd buy a house around the £250k mark (currently renting), budget £20-30k for doing it up if required... and then I'm not actually sure what I'd do with the rest!

Pay off mortgage. Debts. There wouldn't be a lot left after that.

Buy a house, for us to live in. With a granny annex for my mum.
It would have a medium garden, I’d have lovely bushy borders and a multitude of raspberry canes, gooseberry bushes and a couple of fruit trees.
That would take care of most of the money.
I’d be really bloody happy with that, sitting in the garden, with my mum, DP and the kids, eating raspberries on a summer evening.

I'm renting at the moment so a big chunk of it would go on a house. I'd pay for the DC to have driving licences and buy them both a car. Pay off some debt. Then have a couple of holidays.

Pay mortgage off and debts. Buy somewhere smaller , ours isn't massive but we don't need a mansion,but somewhere without neighbours.
Cut my hours at work.
In the real world I would help my kids get on the property ladder. One is nearly there but it would be lovely to help them all.

That would only just pay my mortgage off. But with no mortgage I could work less and know my retirement was sorted as I can downsize in later life.

I'm rubbish at maths but by my reckoning that would be 2k a month for the next 19 years. I'm 50 and will get a good pension at 66 years old. So I would retire.

I have no idea.

Pay off the mortgage - £150k
Put into savings - £200k
Finish renovating the house - £10k
Charitable donations - £50k
Holiday fund to cover 5 years of holidays - £40k
Actually started believing I had the money, need to stop day dreaming now and finish the mundane task of cooking dinner!

Buy myself my first ever little home then spend the rest on travelling when I can,hardly left my home town in my 45 years

Sell house, buy a reasonable sized bungalow and retire early.

Buy a house with land and then put the rest into rental properties to use for retirement income.

I'd buy a small place outright and pay off debts and renovate what I needed to, that would probably use about £150k.
Then invest some in some training, and learning to drive. Have a cheap holiday and then bank the rest.
It'd be a real life changing amount for me.

My husband and I already already retired, have paid off our mortgage, and don't any room to extend further, so if we didn't have children (and I'm assuming we can't give money to nieces and nephews instead) I would probably keep £50k back to buy an electric car, spend on holidays and other treats, and use the rest to buy a holiday home somewhere.

Finish renovating my house, pay off the mortgage, pay off ds's school fees, spend some money getting the garden cleared & trees pruned.

And then retire

Buy a bigger house, need 2 more rooms really.
Chunk into pension pot
Family holiday for me, dh, ds, parents, siblings and their partners.

I’d love to flip houses so I’d do that with it.

I’d buy a house for around £600k. That would get us a really nice 4 or 5 bed detached round here. With the equity we have on current house we would be able to live mortgage free. The extra disposable income from not having to pay a mortgage would go on private schooling which is just out of reach for us at the moment.

Buy a new house, a detached one with no near neighbours!

Currently renting. No kids and wont be having any so would buy a nice house outright, put the rest into savings/pensions. Feel massively relieved as havile loads of health problems and really struggling even working part time so it would be a real weight off.

If I had no kids I would spend 20k on a new car, 10k on new sofa, dining room table and other furniture, 10k on a month long trip to Paris and use the rest as a very early retirement fund.

Pay off the mortgage - about £200k
Extension/renovations - about £150k
Pension - about £80k (because my current pension is pitiful)
I'd want to keep £20k for fun stuff, not sure what, luxurious holidays probably.

As we would then be mortgage free, I would want to save for the children (they are young but I want to start early) and I think I would possibly reduce my hours or leave my job so I could retrain and change career.

Oh and we also wanted to buy a property in DH's home country so we can stay there when we visit and put in on Airbnb the rest of the time.

See, I could spend it twice over

Quit work and buy a small house and a dog until the money ran out tbh

Buy a small place.
Seek financial advice.

Buy as many buy to let's as I could... keep living how im living but with passive income.

Buy the house we are looking to buy but be mortgage free. That would be all the money gone. With no mortgage to pay I'd go 4 days rather than full time.