sell livery yard..THEN WHAT?

T

triequi

New User
Joined
27 May 2010
Messages
2
Visit site

Hi. I'm almost 61 and have met a new partner. They have a farm and run their business from there. They would like me to go and live with them. They live an hour away from my house and livery yard.
He has 2 children to whom he farm will pass onto when he dies. If i went and set up a new life with him and sold my house/livery yard I could be left with no business income! Also if I set up a B&B I can't run it as I wouldn't be there in the house. The holiday cottage thing seems fraught with problems! Maybe I'm thinking on the wrong lines altogether? Please can anyone help with my problem of either be lonely on my own and keep my property with ever increasing maintenance as i get older or go and be with a man i get on with but be on tenterhooks all the time!!
Surely there must be other women out there with a similar dilemma. Please help............:o
 
What about renting your current place out? So you keep it as security but someone else runs it/lives there? You'd still have the maintenance to sort out but hopefull famer chap and familly could help?
 
Rent them both out?? separately or together? or hire a livery yard manager with cheap salary and throw house in as part of package??

Lonely doesnt sound like a very nice option, theres always a way around things!!
 
I agree - don't sell. Rent it out. You need to keep your own independence - for financial reasons, and in case living together doesn't work out.
 
Absolutely. Hang onto your assets. Put your current properties with an agent and rent them out. Retain your independence as much as possible whilst enjoying your new relationship.
 
Agree with previous posters, keep it and rent it out. Read an article recently which forecast that rural land prices will rise considerably over the next few years - meaning if you wanted to step back in for any reason you wouldn't be able to afford to re-buy a similar property.
 
First off, congrats on the new partner, how exciting! I definitely think hang on to your property if you can. Renting it is a fab idea as you will still have some income. Get on to a property agent that specialises in that sort of thing, they may even have people waiting for a place like yours to come up. Will you be able to get involved with your new partners business in some way? I'm thinking you may get bored if not, but then after running a livery yard a break might be nice! Good luck! x
 
You don't sound sure of this man, or are you just wise;) I'm trying to work it out, either way, if you sell, you'll still have the dosh in the bank, surely?
Speaking as someone developing tennis elbow and hip problems, I do see your point though, it don't get easier with age, does it?;)
 
My OH's father remarried late in life to a younger woman, naturally he wanted his sons to get their inheritance but also wanted to provide for his wife. After he died she still lives there, but cannot sell the house and when she eventually passes on the house will go to the sons.

This may not be ideal for the sons but she made their father very happy in the later years of his life so they do not resent it.

In your position I would rent the house/yard out and go live with the chap but presumably over time you would contribute directly or indirectly to the house and his life and he will benefit directly or indirectly from yours, thus forming a partnership. You are only 61 after all, you could spend 30+ blissful years together - think of that!

Whilst it is awful when a new wife appears on the scene and the kids lose out - I do feel that you matter too!

Congrats on your new chap, I wish you both a lot of happiness together :).
 
You must log in or register to reply here.
Top