How to stop nursing home seizing a house

anon123456

..........

vax2002

Thats life !
They take it all back !

duchy

anon123456 wrote: »

Hi
Long winded question so apologies but need to give full story.


If GF goes into care at 925 a week the savings will be gone in under 3 years and they will want the house we live in.

Through a case of possibly counting unhatched chickens my wife and i are in debt from a wedding 2 months ago so havent the cash to deposit to rent privately

This will then force wife's parents to sell their family home of 30 years.

How can the state take all the assetts a man who worked or 45 years with the intention of helping his family just because he is now ill.

Is their anything we can do to keep the property in the family. I've read on deliberate deprication of assetts and can't find a loophole?
Any help is greatly appreciated

Am I reading this wrong.

You feel that three years is not enough to save a deposit to rent privately ? Are you paying her grandfather an unreasonable rent to not be able to afford this?

How does you needing to rent cause your parents in law needing to sell (or are these two different issues?) EDIT Oh I see the home YOU are living in is supposed to pay off your in-laws debts. Surely though in three years rent from your house could off-set some of this ?

As a side note if you can't even afford a deposit , have lots of post wedding debt and you're working (according to your posts on here)-why on earth are you trying to concieve a baby ???? Surely you should be ensuring you have a stable home to bring the child up in first ? You're only in your twenties so lots of time ahead.

I think you need to grow up a bit.
We'd all like to give our children a free house to live in and wills are written with an expectation that we will still own what we have at that time-but circumstances change . Your parents home is presumably owned by your grandfather -so their security is linked to his financial situation (eg it assumes he can afford to keep it) which is why it may need to be sold to pay the government back his nursing home bills. Would it not be wiser to get yourself on the housing ladder yourself so the same scenario isn't repeated for the next generation ?

It seems like your inlaws are living off expectations that may not happen now -probably something to consider for your own future. Could your inlaws not simply downsize though ? They have a fair bit of equity -plus rental from your house so if your house needed to be sold later the impact would be a lot less. In fact could their house not be sold -you rent and the in-laws move into the two bedroom house ? Maybe they could even afford to lend you the deposit from the proceeds of their house sale too ?

peachyprice

How do you think the care home fees will get paid if not from his assets? Are you going to foot the bill?

anon123456

Yes but what is the point of paying ni and paye for 45 years then! that's what should foot the bill

ok they will want the house now, the homes liquidate all assetts when you go into car. so we have to move out very soon.

Starting a family: Because we thought we had the place we were in rent free for at least 5 more years

peachyprice

You said above has savings that will last for 3 years worth of care. That gives you 3 years, rent free, to save for a house deposit, sounds like you're getting a good deal to me.

You never know, if you're lucky he might not last the three years and you'll get your free house anyway.

Gigglepig

If the house get sold to pay for his care bill, perhaps it will help you and your wife if you think about this in a positive way. It sounds like you have been very lucky to benefit for some time of living in a house owned by your relative. That is great, even if may come to an end.

During this time you have had a better chance than most to save up for your own place, if you didn't need to pay rent or mortgage like most people would.

If you have another 3 years without rent/mortgage before the cash runs out, you will have a fantastic opportunity to save up even more.

I don't mean to be harsh in any way but just because your family has been lucky to benefit from a generous relative doesn't mean you are "entitled" to have this continue for ever if this person now has their own bills to pay.

Hard as it may be, I'd try not to feel bitter about it but rather appreciate what you got and will get, many people on this forum would be extremely happy for a few years in a "subsidised" house.

If you are strong and positive about it, it is also less likely to cause stress and feelings of guilt for your generous elderly relative.

skintchick

Why don't you post a SOA and let people help you work out how to save enough deposit that you can buy the house off GF at market rate?

That would be a positive step forward.

You have three years and you currently don't pay rent so it should be pretty easy. The house is cheap enough that the mortgage shouldn't be too big.

anon123456

im not after a free house or anything from this.

I'm trying to save my in laws from having to sell their family home and keep the inheritence the grandfather wanted them to have.

NO PERSONAL GAIN ATTEMPTED HERE

newcook

anon123456 wrote: »

Yes but what is the point of paying ni and paye for 45 years then! that's what should foot the bill

ok they will want the house now, the homes liquidate all assetts when you go into car. so we have to move out very soon.

Starting a family: Because we thought we had the place we were in rent free for at least 5 more years

ah, so you want the rest of us to chip in for grandfathers care and you get to stay where you are?!

is it not possible for you to hire a private nurse and keep grandad at home?

tea_lover

anon123456 wrote: »

im not after a free house or anything from this.

I'm trying to save my in laws from having to sell their family home and keep the inheritence the grandfather wanted them to have.

NO PERSONAL GAIN ATTEMPTED HERE

Why would your PIL have to sell their home? Even without an inheritance surely they can just continue to pay the mortgage and pay off their debts. I can see why the house you live in may be sold, but not your PIL.

If the savings will cover up to three years of care bills that's plenty of time you and your wife to save for a deposit then buy the GF's house yourself.