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Buy to rent to pregnant daughter

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Comments

  • poppysarah
    poppysarah Posts: 11,522 Forumite
    99blooming9 wrote: »
    Yes you are right! nearly 2 years later and not one penny of rent received!
    Nor any contrived rent money oh well I cant say you never told me so! Hey Ho its only money


    Did they claim LHA?
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    99blooming9 wrote: »
    Yes you are right! nearly 2 years later and not one penny of rent received!
    Nor any contrived rent money oh well I cant say you never told me so! Hey Ho its only money

    Not a single penny? Are you giving them money as originally planned as well? Are they still together? Working?
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    So you've been exploited by your own child?

    Did you have a verbal agreement on the tenancy or did you set up the arrangements more formally, with an AST?
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    NO! That's truly appalling. Why haven't you received any rent? Are they claiming LHA or was it declined? Are either of them working?
  • 99blooming9
    99blooming9 Posts: 11 Forumite
    Part of the Furniture First Post Combo Breaker
    Nope they have not claimed any benefit
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    So, you've been stiffed by your own flesh and blood?

    Sorry, but I think that it's time they stood on their own two feet. Two long years is ample time. Why don't you consider evicting them?
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    99blooming9 wrote: »
    Thanks all
    We have decided to get the pair of them in a rented place first while mife and I consult a mortgage consultant about our ideas

    It's worth bearing in mind a mortgage consultant will think it a very good idea to get a mortgage - maybe see your accountant instead?

    Edit, sorry I see this is a very old thread!
This discussion has been closed.
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