Grannyrose wrote on Mon Mar 22, 2021 12:05am:
Totally agree Purple Gran but the property in U.K. will keep rising while the property in Spain could just as easily drop. If they keep their house in England, rent it and keep paying the mortgage, it will be a wonderful pension for them in years to come. I would advocate that they do not s...
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...ell their biggest investment. Let’s imagine they sell up and become Spanish residents. 5 years up the road, something happens and they need to return home. They could never hope to get back on the property ladder again. Ok. If they really make a go of things in Spain and want to buy a bigger family home, they could reconsider then.
In a perfect world what you say makes sense Granny Rose, but all too often in mainland GB now, tenants fall into rent arrears and trash the property. If you’re in Spain you have the added expense of hiring a property manager ( and I’m afraid they are not all reliable) so the UK property becomes a millstone and you still have to find the inflated sums now necessary as a third country national to become resident in Spain
We’re biased, we sold up in the UK fifteen years ago and are now happily spending our children’s inheritance lol - in actual fact we live very nicely on just our state pensions
I think we’ve digressed slightly from the original question regarding upholstery and caring jobs, but hopefully we’ve given Dawn and her husband some food for thought.
Maybe we’ll see you over here again before too long Rose