Has anyone done this and if so, how? Buying with family

[Therollinghills]

Having left my ex who I relocated with, I am looking to buy as is my mum who is moving to be closer to me and DD. We are mulling over buying somewhere together, small holding sort of set up ideally with 2 properties on, or a larger house that has been split for separate living, but not sure how this would work when mum passes away as I have a sister who would also inherit from mum.
I know next to nothing about this sort of thing but wondering if anyone else has done this and how you went about it? Mum is retired but I am still working so can get a mortgage if needed, also not sure how that would work!
Thanks for any responses!

I'm sure people with a lot more experience and advice will be along. But if it helps we are in the process of buying a house that my parents will also move into. They are gifting us some money and we are getting a mortgage. They had to sign a form to say they are gifting money and also an occupiers form to say they would move out if the house got repossessed (it's a small mortgage so little risk of that happening but something to think about).

We also need to rewrite wills in case we were to die whilst they were still alive as while we'd like everything to go to our children in the event of our death we wouldnt want them homeless.

In terms of inheritance they don't need to sell their retirement flat so that will be siblings inheritance in the first instance. We were looking at getting something written up to say when we move out we'd pay x amount back to siblings depending on house prices changing over the years but my parents have said it's their money and they could have blown it in Vegas if they'd wanted, they want to live their final years with us in a house instead of the retirement flats.

Theres lots of other bits and legal things to consider but don't be put off as it's possible.

@Jackdanielsg1 thank you! So you're going to be the owners of the property and your parents will live with you?

That's right. We'll own the house and they will live with us in their section. They will help with gas/electric bills but we'll pay the mortgage.

There were a few threads on here that I found a few months back so it might be worth a search.

Theres lots of things to consider like what if you wanted to move, their legal rights as there was a story where the older relative got kicked out and had no rights or anything to fall back on etc

Also if they need help with carers or to go into a care home eventually then theres cost to consider there.

Its overly complicated in my opinion but it's worth trying to picture every scenario and how youd both want to deal with it.

Good luck