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Please move this post if there's a better place for it...<br><br>
I'm cooking up an idea in my head about sharing a home or a big piece of land with another family. In our area, it is very difficult to buy a home due to outrageous costs. I've been talking to an acquaintance of mine about the possibility of joint-buying a big house and splitting it up (much like a duplex) or even buying a piece of land and putting 2 manufactured homes on it.<br><br>
Has anyone done this? What would be the pros/cons? I imagine that there would have to be some sort of formal agreement and a lot of trust. (No one would want to be stuck if the other family moved out, etc.)
 

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<div>Originally Posted by <strong>MamasBoys</strong> <a href="/community/forum/post/7895516"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Please move this post if there's a better place for it...<br><br>
I'm cooking up an idea in my head about sharing a home or a big piece of land with another family. In our area, it is very difficult to buy a home due to outrageous costs. I've been talking to an acquaintance of mine about the possibility of joint-buying a big house and splitting it up (much like a duplex) or even buying a piece of land and putting 2 manufactured homes on it.<br><br>
Has anyone done this? What would be the pros/cons? I imagine that there would have to be some sort of formal agreement and a lot of trust. (No one would want to be stuck if the other family moved out, etc.)</div>
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This is becoming more common in the UK because of high property prices, it is often friends going in together to buy a house and having a house-share situation rather than two entirely separate spaces. You may have a look about on UK house-buying forums/websites for some advice?
 
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