my mother has inherited her fathers property valued at £300k, needs to sell at some point to pay legacies of her father's 'will' which are set at £75,000 for a split towards her brothers at £30K each and some cash to grandchildren.Therefore she would be left with approximately £200K after solicitors and agents costs are paid out if she sells. As we are all aware the market is down but everything is relative. She is asking at the age of 68 is she better to sell as quickly as possible and sell her own property valued at £380,000K aswell and whether to fully invest in a larger property at around £550,000 for investment and to enjoy or what would be sensible for her long term security. Should she hold off on selling any property and maybe rent her father's property for a few months or more as market is so cool or just take whats going to take part of the inheritance to invest in any other way for a safer return?..or part and part...maybe upgrade from her own property to £150,000 more to another property and £50K in any other investments for example or better advice still. Any experts please advise. Would be much appreciated.

regards

Roche4u

It sounds like you're really asking us to make the decision for you - really whatever decision is arrived at, needs to be done via your family.