MIL is thinking of downsizing to boost her retirement fund. In a recent conversation it came up that she was offered 150k approx 7 yrs ago for some land at the bottom of her garden.
Basically the houses on MILs road have got quite long gardens that go straight through to the road behind. Some neighbours at various points have sold of land so there are now some houses on the road at the back. I think 4/5 of MILs neighbours did it & MIL & 1/2 others turned it down.
We were thinking of looking into this option to get MIL some cash to modify the home so she could stay if she preferred & actually a smaller garden would be more manageable for her. She doesn't have the letter anymore & we have no idea to enquire about this process.
Does anyone have any experience & advice?