A friend who works in housing suggested contacting Gingerbread with my idea.
When I got divorced I had an amount of money too small to buy a property and was not in a position to get a mortgage (I work as a contractor so my income was considered unreliable, though it isn’t) so I changed jobs and bought a house in a good area after a couple of years.
My youngest son is now thinking about moving out and I want to find someone to pay off my remaining mortgage and become a stakeholder in my home. They would have 2 or possibly 3 bedrooms and share the rest of the house, including a share of the bills. It’s a 4 bed house with garden and parking in a quiet area with lots of youngsters around. Schools around us are considered good.
I’m easygoing and have had lodgers in all my houses, but I wanted to help a single parent who is in the position that I was 10 years ago. I’m never going to be a grandma so having children in my life would be lovely.
There are lots of options later on, life changes all the time!
It would be a full legal process and of course we’d have to get on well, which is difficult to determine early on, but has anyone done this and any advice?
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.