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Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.landlord offered to sell house to us
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When it comes to housing benefit I'm not relying on it to pay the full amount of my rent. The percentage which is paid to the council currently via the landlord, the rest of the rent is paid for via my earnings.
It doesn't sound like the most ideal way to jump onto the ladder, other properties in my area with shared ownership seem to get jumped on pretty quick.
When it comes to cost of being able to do maintenance, my partner has been offered a higher position in his line of work and would mean we will no longer need housing benefit and will have a money to put into the house.
But why THIS house, why not just save up?0 -
When it comes to housing benefit I'm not relying on it to pay the full amount of my rent. The percentage which is paid to the council currently via the landlord, the rest of the rent is paid for via my earnings.
It doesn't sound like the most ideal way to jump onto the ladder, other properties in my area with shared ownership seem to get jumped on pretty quick.
When it comes to cost of being able to do maintenance, my partner has been offered a higher position in his line of work and would mean we will no longer need housing benefit and will have a money to put into the house.
Yes but those 'other' shared ownership houses are probably new builds with lower maintenance costs and will be more than a 10% share.
When your partner gets his new job set up a savings account and put the extra money (minus the HB you no longer receive) then look at building a better house.0 -
If you saved a deposit and were eligible for a mortgage, could you buy the whole from the landlord and the council?0
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To be honest all of your replies make perfect sense to me.
I guess I feel obligated to buy this place as I've been here for so long and the landlord helped me when I felt lost so now I want to take him up on it.
Although I know he just wants to get rid as he doesn't have the time nor the money to take care of the place himself.
I'll come up with a plan for saving for a deposit once all of my finances settle down again, I want to thank you all for your honest opinions and responses.
It doesn't sound the most logical choice, Which my partner did tell me last year but I needed to go over it all again to see if there was anything positive which could lie at the end of the tunnel.0 -
Would the council buy out the landlord?
Would you then become a council tenant?
Would you end up with a right to buy?0 -
As far as I have been lead to believe the council don't have any interest in buying the percentage back. This goes from when the eviction was in place and they asked if we could just buy the place ourselves, We then said the majority is owned by yourselves and the person we spoke with said the council aren't buying properties back.
But if they did buy the percentage back, we should in theory become council tenants and have our own option with a right to buy.0 -
are you sure he is not sub-letting?
Would be very surprised if a council would allow the property to be rented, since they own 90% of it!0 -
are you sure he is not sub-letting?
Would be very surprised if a council would allow the property to be rented, since they own 90% of it!
I'm confident he is not sub letting as I have all the utility bills in my name, including council tax, I've been on the electoral roll since 2011, and I've had to provide copies of all the tenancy agreements to the council as well when I started claiming housing benefit.
He asked the council if he was able to have someone here before hand and they responded with not being allowed to gain profit from it. I mean if he was sub letting the house illegally I wouldn't be able to have everything written in my name?
The landlord has never lived here, he inherited it from his late mother who originally brought 10% from the local council, Who passed away in the 90's. his daughter then lived here, then followed by myself.0 -
They won't check with the council housing section before registering you for council tax / housing benefit / voting etc so it's still possible for him not to have permission and for you to have to registered all these.I'm confident he is not sub letting as I have all the utility bills in my name, including council tax, I've been on the electoral roll since 2011, and I've had to provide copies of all the tenancy agreements to the council as well when I started claiming housing benefit.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
I wouldn't be so sure that he has permission to let, you're assuming that all of the different council departments are in constant communication with each other - this isn't the case.0
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