<prompt> Human: Good Morning all, this is my first time posting in this sub and I hope that the topic is appropriate. Unfortunately around 3-4 months ago my Father suffered a major stroke, and was left without the use of the right side of his body and very little in the way of communication, although we are starting to see some improvements now. A few weeks ago we were able to bring him home and with some adaptations to the house, along with bringing the bed downstairs, he is now comfortable at home living with my mother. Unfortunately it is my father who has always dealt with the financial aspects of their marriage, including the house that they own on the South Coast of England. My Mother has now become a full time carer and my father, who was self employed, is now unable to work with the result that they now have no income, save for my fathers statutory pension and some further potential benefits that we are currently trying to ascertain the extent of. Unfortunately again the mortgage term has now expired is expiring. As I understand it the house is worth circa 300K and they have circa 160K left to pay the bank. I believe that they have around 50K in savings. As the house has been adapted to suit his disability and to avoid further stress, both my parents are very keen to carry on living at the property if possible. As I understand it the bank will not give them a mortgage due to their age and financial capabilities. They of course could sell the house but the equity will not stretch very far and they may not be able to find somewhere appropriate for my fathers disability too easily. This is where I may come in. Firstly and most importantly, I want whats best for my parents and I am not looking to profit in any way if there is a better option available to them. However, they are very keen to stay in the property and my mum who has possibly less financial know how than me! has said that I can buy the house if I want to, at a reduced price, so that they can carry on living there. Currently I rent a property in London and have no plans on moving elsewhere. My real question is, would it be feasibleallowed for me to do so and continue to rent somewhere else? Does this make financial sense given that my girlfriend and I would probably like to but somewhere also in the next couple of years? I make circa 100kyr and my bills at the moment are about 2k per month out of a net 5k pay packet so I could do it without too much financial strain but I of course wouldnt live in the property and being pragmatic I wouldnt want tocouldnt sell the property and realise any investment until my parents pass away which is hopefully a very very long time away. Im sorry for this being so long winded but I really wanted to make sure Im not missing an obviously better opportunity and to see if anyone with any financial sensesimilar experience had any comments. As Ive said the main thing really is that my dad can recuperate in the family home and that him and my mum do not have to go through much more stress. Many thanks for taking the time to read this post.  <response>: Heres an article that may interest you:Its worth mentioning lenders are wary about lending money for buy to let to people who do not currently own a home and never have. They are also wary about lending to people who rent to family as this causes non-financial issues. You may have difficulty finding a mortgage lender who would agree to the arrangement you are seeking.From a finanical perspective if you are earning 100kyear you will have little trouble paying a 160k mortgage and renting a modest flat in London so long as your budget is at all reasonable. However paying a mortgage for your parents house will affect how much of a mortgage you can afford if you decide to purchase a home for yourself, as it reduces your disposable income. I.e you may have to settle for a 1 bedroom flat in a fancy central area rather than a 2 bedroom one, or you may have to settle for a 4 bed house 1 hour commute away from work rather than one 30 minutes away. 