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Former Member
Posts: 1,876,323 The Mix Honorary Guru
I have the chance to move into my grandad's house (he's in hospital and isn't coming out)
The background on the house is it's all bought and paid for outright, but as has always been my grandad's wishes that the house belongs to me and my two sisters who are both young children.
If I move in I'll have to buy all new furniture and appliances and redecorate because everything is in disrepair. I would assume factoring charges (lighting, stair cleaning etc) as the house is actually a flat with a private garden.
I've realised that this is a massive thing to take on since I'm a student, therefore I don't make much money etc.
I also have a selfish feeling that I'll be paying all this and even bringing the house to and beyond selling standard just to receive a third of the money, meaning I'll be out of money. I also don't know my rights if I move in and then get told that my sisters' mother wants them to get their share of the money and get forced tomove out. I know it isn't a very nice thing to think but,you know.
I don't know if it would be better just to help redecorate and sell it? My other option is to ask if I could get an extra share of the selling price to compensate?
The background on the house is it's all bought and paid for outright, but as has always been my grandad's wishes that the house belongs to me and my two sisters who are both young children.
If I move in I'll have to buy all new furniture and appliances and redecorate because everything is in disrepair. I would assume factoring charges (lighting, stair cleaning etc) as the house is actually a flat with a private garden.
I've realised that this is a massive thing to take on since I'm a student, therefore I don't make much money etc.
I also have a selfish feeling that I'll be paying all this and even bringing the house to and beyond selling standard just to receive a third of the money, meaning I'll be out of money. I also don't know my rights if I move in and then get told that my sisters' mother wants them to get their share of the money and get forced tomove out. I know it isn't a very nice thing to think but,you know.
I don't know if it would be better just to help redecorate and sell it? My other option is to ask if I could get an extra share of the selling price to compensate?
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Comments
do u have any student mates you could rent a room out to?
Drumbeat - I'm asking a mate to move in.
Windows and kitchen, I would (very) conservatively estimate at £5k as a starting figure...