My house. Should I sell to accommodate partner and downsize

Don’t do it.

Protect your assets and seek legal advice

What would he do if he didn’t live with you? He moved into a good set up so you made it easy for him to do nothing.It’s all yours to do as you wish, and I would not remortgage, he shouldn’t ask that of you.. You are not his mother and he has had plenty of time to be independent of you, it’s just easier this way.. He might even be entitled to proceeds of your house should you due first as you’ve let him stop there and run his business. I would seek legal advice.

NotAGran55

Perhaps he could buy a small property and let it out, giving him security for the future.

He's left it late for a mortgage and even when he's looked, there is nothing suitable in his eyes, but yes this is a good idea.
He has also suggested we go 50% each on a property for both of us, but I don't want to get tied down with the stress of another mortgage in my 60s!

Thank you for all your comments. If I was on my own, I would downsize to 2 bedrooms and move, then I would have money in the bank and could go part time.
I would let him stay if I died before him, but, I could die in 10 years, he could live for 25 more years which would mean my children won't inherit until their late 50s.

Perhaps he could buy a small property and let it out, giving him security for the future.

Get legal advice and talk through the options with your solicitor.
You want to downsize so you can retire early.. this is the life choice to make for you.
You also want to protect any property you have to give your family an inheritance.. this is a choice to make for you.
If your partner has work vehicles he can rent space for them.. it is not up to you to accomodate his business needs. Will this not be tax deductable??
We only have one life.. you have worked hard to be in the financial position you have... please dont let it slip away by sweet words or guilt tripping.
Do what is right for you.

If you are happy together and envisage being together for ever (or as long as you are both living) and he is totally accepted as a family member by your children (a lot of "ands") why don't you make your will leaving your house to your children on your death but giving your partner liferent use with him paying all expenses and living costs. This would need to be organised by a solicitor and he would advise you of the legalities.

Get legal advice and put your kids first.

Get legal advice - two votes

Stay where you are seems to me to be the most sensible thing to do.

Get legal advice.

LemonZest think practically, think with your clever mind not with your fickle heart. You own your house outright, so your in quite a financially secure position, you want to leave it to your children, and you want to downsize to retire early. All very sound and good reasons not to compromise. You are not his mother you don’t have to create security for him, if it’s security he wants he’s had at least 9 years to address this. Also You sound unsure about the relationship. I think your clear about what you shouldn’t do .

Also, my house has certain benefits for him such as land to keep his work vehicles on. If I downsized and we lived together, he wouldnt have this benefit. Im unlikely to buy somewhere with as much land as I have now