Just wondering if anyone could advice re this.
My mum was widowed last year and we would like her to move nearer to us so would she.
The difference in prices are about 150k extra to find
We could add this onto our already hefty mortgage to help her but in the long term if she needed to go into care what would happen?
Would our portion also go to pay towards her care.
I don't want to sound mean but we are nearing retirement ourselves and would also like to help our children so need to know if we would be "gifting" her the money or if we could maybe have our contribution in our name?