Is this a good idea?

[Worrywart21]

My mum is single and is currently trying to sell her house as she can’t really afford the (small) mortgage. Her house is worth £105k and she is trying to buy a house around £85k which would leave her mortgage free and with a few thousand to do the house up etc.

The thing is the houses are not in a great area/are not a great standard which she could obviously improve with her budget. She has little income and this will be her last house move. She has sold her house and needs to be out in 4 weeks so will probably come and stay with me until she finds somewhere.

We are also looking to move in the next year. I suggested to my OH that we could move together and enable us to buy a bigger house with extra living space for her In a better area.

We could use a portion of her money and then she would be left with a larger portion to spend on herself. She could contribute a portion towards bills and food.

I think this would be good for her as she gets a better area/house and equally we do too.

OH thinks it will cause issues especially with regards to inheritance as I have two siblings and her money would be tied to our house. Also as she gets older and may need more care it would fall all onto myself.

What are your thoughts.

Yabu - bad idea
Yanbu - good idea

Oh and whilst the aunt is in her seventies, she's very active, healthy, still drives, goes on holiday with friends etc, so not a caring responsibility.

You need to take proper legal and financial advice before touching this with a bargepole.

Especially as you have siblings, who would essentially be disinherited by this, and implications if your DMum ever needs care or to move into a care home - would she want the greater choice that comes with self-funding?

We are already planning a move to house share with the inlaws in about 10 years time.

It’s the way forward, there is no reason why three generations cannot live together if it is practical.

It’s even more likely these days where getting on the ladder or upgrading is prohibitively expensive.

Often parents have larger houses, in a good area near schools etc and the adult children are stuck renting, its bonkers!

I do think for a while it’s good to have space, such as when your trying for and raising young children. There comes a point, when they are teens, that living together again isn’t a bad idea.

I would be open to it with my children and it’s great the in-laws are open to it with us.

Your OH is right and obviously not keen so yabu to if you keep considering it.

Better to look at other areas/houses while she stays with you. Which I'm guessing OH is on board with?