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Help with Buying a Council House
Comments
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Thanks. :dance:0
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Amnesia180 wrote: ».
Next step, somehow - get myself into a secure coucil house and look to buy it in years to come.
you already know how to do that...i am sure...It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
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Amnesia180 wrote: »Next step, somehow - get myself into a secure coucil house and look to buy it in years to come.
The only way left for you to do that my friend is to find a nice young single mum who has the right type of tenancy.The rules have changed on RTB so before moving in and knocking up the said young lady ask to see her tenancy agreement as nearly all Council RTB schemes no longer allow RTB at a discount.
A few year ago when much of the Council housing stock was taken over by Housing Associations all existing tenants kept their rights to buy but any new tenants do not qualify so be very careful as you could end up as Wayne and Waynetta ...........0 -
BitterAndTwisted wrote: »Technically, that is a completely wrong assertion. Local Authority tenants are not subsidised by anyone.
People in my county can get a council house with 2 double bedrooms, and a very good sized garden for £275pcm. Subsided or not, I would definitely say some are on the cheap side!0
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