So me and my partner were chatting to her Dad the other day when he mentioned that he'll have paid his mortgage off in approx. 5 years. Instead of downsizing now that (nearly) all the kids have left home, they want to get a bigger place; her Mum wants a massive garden for an allotment and their dogs, big kitchen as she loves to cook, and more room to accommodate grandchildren sleepovers and friends staying, etc.
He brought up the idea of us pooling our money together from selling our properties and looking into a suitable house for us, with a kind of granny annexe for them. If unable to buy outright, are these a pain to mortgage?
So me and my partner were chatting to her Dad the other day when he mentioned that he'll have paid his mortgage off in approx. 5 years. Instead of downsizing now that (nearly) all the kids have left home, they want to get a bigger place; her Mum wants a massive garden for an allotment and their dogs, big kitchen as she loves to cook, and more room to accommodate grandchildren sleepovers and friends staying, etc.
He brought up the idea of us pooling our money together from selling our properties and looking into a suitable house for us, with a kind of granny annexe for them. If unable to buy outright, are these a pain to mortgage?