Benefits & Right to Buy

Mojisola

Mara69 wrote: »

Person lives in a council flat, is on full benefits (income based ESA, full HB and CTB). This person has applied to buy their council flat with the full £75k discount. Their son is funding this purchase and will be giving their parent the full £60k into their bank account.

Is the father going to be able to fund all future repairs and maintenance or is the son putting away money for when the boiler breaks down or the roof starts leaking?

Once you're a house owner, you can't call up the council to get these problems sorted out.

princessdon

Surely the right to buy is only applicable to those who PAID rent?

Not for those who rely on housing benefit

Dunroamin

princessdon wrote: »

Surely the right to buy is only applicable to those who PAID rent?

Not for those who rely on housing benefit

One would like to think so but in this day and age, who knows?:(

krisskross

princessdon wrote: »

Surely the right to buy is only applicable to those who PAID rent?

Not for those who rely on housing benefit

the question should be how can you afford to buy when you can't afford to rent?

I would never ever give up a secure tenancy. I bet the father even signs the deeds over to his son

clemmatis

princessdon wrote: »

Surely the right to buy is only applicable to those who PAID rent?

Not for those who rely on housing benefit

This government's so mad keen on RTB, they won't care. They won't even care that much that a son's getting his paws on a second property dirt cheap. Because hey!, it's private property.

princessdon

I feel at odds with this as I paid for my parent council home. But they worked and paid for that in rent (just didn't have the confidence to mortgage).

But they worked and paid all their lives and I get zero from it - bar a perhaps natural inheritance with my siblings.

[Deleted User]

the state will not help with the cost of repairs and that cost could be substantial

Anny_2

If someone was found to be in breach of deprivation of capital of 60,000 would they really get no benefits for X number of years? If the 60,000 is gone then they would not be able to live on that so what would they be expected to do?

What if someone was in breach of DOC say of £10,000 and would have been allowed to have £16,000 minus the £1 for every £250...so £4 for every £1,000...would that person lose £4 of each means tested benefit they were claiming per £1,000...so for £10,000 they would lose £40 per week of each means tested benefit...if 3 benefits = £120 per week?

I know of someone who got an insurance claim of £16,000 several years ago and she never declared it and was in receipt of means tested benefits...is it different if it is an insurance pay out for a house fire?

I had not heard of DOC until I started reading MSE and it sounds very complicated.

skintmacflint

GrungeMeister wrote: »

Sorted.

The DWP will leap at this. Saves £thousands in housing benefit.

But does it, in the long term? At present the Dad is receiving HB from a council budget. The rent he pays is to the council , just goes into a different budget. In effect the council are just moving their own funds between internal pots.?

The council initially receives a capital boost of £60000, but as soon as the son inherits and rents it out, to someone claiming HB , the council start losing money.

Could only see it being financially beneficial to the council or socially beneficial for people on long lists for social housing , if the council could then build 2 new houses with the initial £60000 capital.

And 1 of the 2 new houses could only be rented to someone who didn't need HB.

What did councils do with the money they got from housesales from the 80's ?

Morglin

They weren't allowed, in the 80's, (by order of government) to use the money to replace the housing stock lost because of RTB.

It all had to put into their reseve accounts.

Hence, in part, the housing shortage we have today.

This government do appear to have learnt the lesson, and have said that the money obtained from every council/HA home sold, another one has to be built.

Lin