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Council right to buy-would you do it?
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Assuming the kids get the house, is it big enough for all of them to live in with their families? Of course not. So, which of the kids will be expected to live in the house and leave to their kids?
In truth, it's important that your mum is allowed the quiet enjoyment of her home. It also seems important that your share in the house (75%) is maintained/preserved. I don't know how you do this but the remaining 25% could possibly be paid to you in lieu of rent. I think HB is dodgy ground as she 'owns' the house.
I suggest that, when the dreadful time comes, you sell the house on the open market. Your memories will be with you forever. Don't burden your children with a house to fight over - give them the money. Perhaps your eldest son could be given the first option to buy the house if he so wishes.
Sometimes, it's better to let go. My Nana died last year and the eventual sale of the house was a relief to all. I can still see every room of the house in my mind. I don't need the bricks and mortar.
Best wishes
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
i think there are always risks in this life ...... maybe go to another solicitor for a free half hour and give him/her the scenario, and see what advice you get there - at least now you have a better understanding of the issues involved. good luck0
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Thanks guys/ladies, i know what you mean about the memories. Atleast I will have the option wether to keep the house or eventually sell it (who knows what will happen in the future).I realise how fortunate and lucky i am to be in a position do do this (wish everybody could!)Atleast that little house wont go back to the council for them to fill it with scummy druggies or undesirables(no offence to druggies and undesirables) because lets face it, how many times have we seen it where decent people have to wait ages for a council house?
Kindest Regards jc0
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