I’m just really interested. I am an only child effectively and me and my mum are incredibly close, I’m 30 and I still live with her. She has no partner, not a load of close friends, no real other family rather than me and my grandad. She is talking about gifting me some money from her pension (the majority of it, 30k.) to help me purchase my first house.
I’ve said no to all of it, some sure. But not all. We’re going to discuss with a financial advisor in the new year. But I’ve already said that when my mum is elderly and needs care if it’s not extremely complex she is absolutely coming to live with me I will not stick her in a care home. I suppose in a way if she does gift me a substantial amount for my house deposit in return I will look after her when she’s older that seems fair?
I’m single so if I ever meet anyone I will say that is one of my non negotiables. But I do also understand with kids, careers etc that could pose a very difficult proposition.
Is anyone else in or agreed to be in a similar situation and how will that affect you?