BTL For Ex and Child?

chambta

I have one here. If my partner chooses to leave I have to pay maintenence which I will. That is not the same thing as paying for a house.

uktyler

chambta wrote: »

I have one here. If my partner chooses to leave I have to pay maintenence which I will. That is not the same thing as paying for a house.

Its not the same as us paying for the house so you can keep it either.

Its not about what you have to do, its about what you feel you should do.

zzzLazyDaisy

Gorgeous_George wrote: »

A solicitor once told me that there is ALWAYS somebody else involved when a woman wants out.

I've never known him to be wrong.

GG

Both you and your solicitor must have led very sheltered lives. Many women leave their marriages every day - very often the only person involved is herself and her wish to reclaim her life.

zzzLazyDaisy

OP are you divorced? I only ask because normally the courts will award a sizeable share of the former matrimonial home to the wife so that she can provide a new home for herself and the child(ren). The issue of fault it is is entirely separate, and doesn't have any relevance to how the matrimonial assets are divided.

If you are not yet divorced, you might want to hang fire until you find out what her entitlement is likely to be.

(I'm assuming you were married - the situation may be different if you were not married)

chambta

uktyler wrote: »

Its not the same as us paying for the house so you can keep it either.

Its not about what you have to do, its about what you feel you should do.

I feel I should let her go and choose her own place to live. That is the ideal scenario. But whether the location is right for her and my child is the question-that was the motive behind her asking whether it was something I could do.

I know where you're coming from but if I buy I house I will presumably end up owning it. That's the way things work. Should I give it away when the mortgage is paid off?! I would only have done it on interest only anyway so if house prices didn't rise I'd end up with a profit of approximately nil.

You obviously disagree with the entire way that the housing benefit works. Tens of thousands of houses will be being paid off by benefits as we speak.

chambta

zzzLazyDaisy wrote: »

OP are you divorced? I only ask because normally the courts will award a sizeable share of the former matrimonial home to the wife so that she can provide a new home for herself and the child(ren). The issue of fault it is is entirely separate, and doesn't have any relevance to how the matrimonial assets are divided.

If you are not yet divorced, you might want to hang fire until you find out what her entitlement is likely to be.

(I'm assuming you were married - the situation may be different if you were not married)

Not married no and the house we live in is in my name only. We have already agreed that I will give her a certain amount of cash though to pay for furnishing the new place she gets.

real1314

chambta wrote: »

Thanks for some common sense GG. You unlike some seem to know where I'm coming from! All I want it a reasonable, secure place for my ex and daughter to live. Nothing more nothing less. We've been split for approx 6 months now and although things are amicable we both need to move on with our lives as at present we are still living in the same house.

Quite why Tiddlywinks thinks I should 'provide a roof over your child's head' on top of maintenence is beyond me! Does he or she know of any separated parents where one of them pays for two houses?! They live in cloud cuckoo land frankly. Love to hear their opinion on the story this week of the asylum seekers getting £12k a month housing benefit.

It's certainly NOT something I would want to in the idea world but she has viewed several rented properties that do allow 'DSS' tenants but she's not been happy with anything she seen. Mouldy, drafty holes many of them she says. At least this way I can make sure that it's of an acceptable standard.

Incidentally this was entirely her idea and just something I'm considering.

1. ignore all the judgemental comments. They are all irrelevant.

2. take note of the comments about HB not being payable where the landlord is a parent of a child in the house. Your ex would have to commit fraud to receive HB, so it's a complete non-starter. Nailed on, absolute. This is the only scenario that is specifically prescribed against. No way round it at all.

so, if she goes elsewhere, the taxpayer will still have to pay the rent, which will make all the judgemental critics feel better for some reason.

uktyler

chambta wrote: »

if I buy I house I will presumably end up owning it. That's the way things work. Should I give it away when the mortgage is paid off?!
You obviously disagree with the entire way that the housing benefit works. Tens of thousands of houses will be being paid off by benefits as we speak.

So why don't you let them live in your house then?

Daisy makes a good point, she may be getting half of it anyway.

Rent a cheap flat, or a room in a house, it will be less disruptive for the child.

I don't have a problem with BTL buyers making money from the tax payers, however when the links are as close as this I do object, as I feel you are planning to make money from doing something you should do anyway.

chambta

uktyler wrote: »

So why don't you let them live in your house then?

Daisy makes a good point, she may be getting half of it anyway.

Rent a cheap flat, or a room in a house, it will be less disruptive for the child.

I don't have a problem with BTL buyers making money from the tax payers, however when the links are as close as this I do object, as I feel you are planning to make money from doing something you should do anyway.

Half of not a lot in this climate perhaps even if that was to be the case. All this talk is irrelevant now as people have stated it can't happen.

What makes you think I can afford to move out and pay for somewhere else as well as my own mortgage? Doing my job I deal with people's finances all day and very, very few people could afford to do that even if they wanted to. What reasonable woman would want to risk ruining an amicable relationship by even suggesting it?

chambta

real1314 wrote: »

1. ignore all the judgemental comments. They are all irrelevant.

2. take note of the comments about HB not being payable where the landlord is a parent of a child in the house. Your ex would have to commit fraud to receive HB, so it's a complete non-starter. Nailed on, absolute. This is the only scenario that is specifically prescribed against. No way round it at all.

so, if she goes elsewhere, the taxpayer will still have to pay the rent, which will make all the judgemental critics feel better for some reason.

Cheers mate.