Help! Lifetime lease calculator needed urgently!
Discussion
Huge argument going on with one of my brothers over trying to sort my parents out with a secure retirement property.
Property is worth 300k approx. monthly rental on open market about 1200 per month and would increase with the market over time. Parents likely to be in the property for 20 years.
Would anyone be able to point me to a calculator or ideally be able to give me a guesstimate of how much a lifetime lease should be.
I need to make sure my folks have enough held back from their estate to buy a lifetime lease to cover themselves, before one of my brothers convinces them to dole out the loot, and then runs off with too much leaving them in the lurch!!
As ever, advance thanks to the fabulous PH financial massive! I just drive things, can't do sums!
Schmo
Property is worth 300k approx. monthly rental on open market about 1200 per month and would increase with the market over time. Parents likely to be in the property for 20 years.
Would anyone be able to point me to a calculator or ideally be able to give me a guesstimate of how much a lifetime lease should be.
I need to make sure my folks have enough held back from their estate to buy a lifetime lease to cover themselves, before one of my brothers convinces them to dole out the loot, and then runs off with too much leaving them in the lurch!!
As ever, advance thanks to the fabulous PH financial massive! I just drive things, can't do sums!
Schmo
Gassing Station | Finance | Top of Page | What's New | My Stuff