Right to Buy???

tealady

Hi Chris
If you really want to buy a house there are loads for sale in Brum. There are some great ex Council ones that you can afford in areas where the BNP tend to do well.
No go and count your blessings.

BLT_2

Chrisl wrote: »

Yes we live in Rattlesden, the problem is houses very rarely come up for sale in the local area and whem they do they are way out of our means!! If we would buy on the open market we would have to move miles out of the way as all the surrounding villages seem to be covered by this exemption!

Its not fair!!

So it's fair that you should have been given social housing in the first instance because you couldn't afford to buy. But not fair because you aren't being given the opportunity to take a valuable social housing asset off of the market at a knockdown price.

If you hadn't been able to get this social housing no doubt it wouldn't have been fair that there was none available. Do I smell hypocrisy?

Fang_3

Not fair?! You need to get a grip.

BLT_2

PasturesNew wrote: »

Driving/walking past people will currently either know, or not, that your house is HA.

If there is any stigma attached, then why would you want to buy into the area? That bit doesn't add up. The stigma is the property/area, not whether you own it or not. If I lived in a house/area I loved and knew I had cheap, cheap rent for LIFE I'd be bragging left right and centre. In your instance renting is the SMART thing to do!

Yep but you forgot that 'It's not fair that the OP has been given social housing for 300 pound a month and isn't being allowed to buy the property cheap'

Some bloody people are never satisfied. If she doesn't like the stigma she should give up the property (there will be hundreds of people willing to accept the stigma) and go into the private rental market. Oops no, she would have to pay double the rent there and that 'wouldn't be fair'

Chrisl

Well the area on a whole is lovely and the only HA houses are a small few in a close where i live! Its just that my dad keeps on about getting onto the housing market! i like the house and love the area! So I take it then the tennancy I have got then is for life, but I take it when i retire I will still have to pay rent?

ILW

If you want a house, just save up and buy one like anyone else.

AnnaV

I don't understand why someone who has that much money to spare gets a HA house when there are lots of people out there with very little income at all. We've been on that amount and always rented privately. I don't understand the housing system at all!

Alias_Omega

Chrisl wrote: »

Well the area on a whole is lovely and the only HA houses are a small few in a close where i live! Its just that my dad keeps on about getting onto the housing market! i like the house and love the area! So I take it then the tennancy I have got then is for life, but I take it when i retire I will still have to pay rent?

Chris,

If you really are desperate to get onto the housing market, im unsure if you could have an council exchange with someone then buy the house.

We purchased our Housing Association house back in 2008, so we can give some advice.

The discount we received was £21,200 from a valuation of £60,000. So purchase price was £38,800 (3 bed end terrace).

I believe that discount is calculated at a %, and there is a maximum £££ you can receive.

Regards,

Alias

Chrisl

I think most of you are missing the point here, I have never been 'given' anything in my life! My partner lived in the house way before I came along then I moved in after a couple of years! I actually work 35 miles away and we wanted to secure a future for us and my partners child! So is it so wrong to wanting to invest in a property and trying to buy the house we live in? I didnt mean to offend anyone by this thread! I have never brought a house in my life and I guess I am quite neieve to how the system works so I just wanted some advice really not harsh comments!!

Running_Horse

Chrisl wrote: »

when i retire I will still have to pay rent?

When you retire and fall ill and need care you will not have the home you have spent a lifetime paying for taken and sold to pay the bills. As occupiers of a desirable family home, you will also most likely find it easy to swap for something more suitable for your needs. As pensioners you will also not have to dip into meagre savings for major repairs.

Swings and roundabouts.

If you are that desperate to buy you now have a unique opportunity to save due to low rent. Maybe in five years you will have a big deposit and high enough income for a mortgage.