ex council house inheritence

leveller2911

seven-day-weekend wrote: »

My m-i-l wanted us to buy it as she could not afford the rent. (slightly too much income to claim Housing Benefit).



Also, it is a small bunglaow, not suitable for a family.

Just to explain, I don't particularly agree with RTB, (and especially not the discounts), but it was a better way of doing things than just helping her with her rent. And it was what she wanted, she wanted her grandson (our son) to have something, which he now has.

That was just how our family decided to do it.

When her savings dropped below the threshold she would have been able to claim HB.I'm sure it was better than helping her pay her rent, you bought a house for next to nothing, but as you say it was a small bungalow so totally unsuitable for a family. Its only families that need housing afterall.

Bit hypocritical saying you don't agree with RTB when you have clearly taken advantage of the situation.TBH your post doesn't justify manipulating the situation and to say "It was what she wanted" is pretty amazing, I can't imagine my gran saying "I want to buy my house but don't have the money so can you buy it for me".. Jeez some people.

Typical example of greed in our Society, I'm alright Jack.

seven-day-weekend

We didn't buy it for inheritance purposes. We bought it because she wanted us to, because she couldn't aford the rent and was fed up of struggling to do so. If she hadn't wanted to do it, it would not have happened.

sanibinman

firstly thx for the advice
secondly it was in laws idea for me/us to buy it
it was there way of leaving us a nest egg
they way they saw it is that they had bought the house 3 times over with the rent they had paid over 45 years
also the age gap had a lot to do with it
remember this was most of my money i had
if they had been only 18-30 years older than me/wife then probably couldnt afford to wait for them to rip
sounds morbid but it was reality
they were 44 and 50 years older
and were oap at the time
ironically soon after we bought their house they themselves inherited a nice sum of money
house inside is like a palaceat least 20k spent on it
eg central heating,kitchen ,bathroom,carpets
would it be fair for the council to inherit that /?
also at the time of purchase they were classed as poor pensioners so had their rent paid for them by the council
i could of charged them rent once the deeds were in my possesion which the council would of had to pay
but we choose to bypass this as all of us didnt want to be greedy/spongers

leveller2911

seven-day-weekend wrote: »

We didn't buy it for inheritance purposes. We bought it because she wanted us to, because she couldn't aford the rent and was fed up of struggling to do so. If she hadn't wanted to do it, it would not have happened.

I'm sure your conscience is clear.............

seven-day-weekend

leveller2911 wrote: »

When her savings dropped below the threshold she would have been able to claim HB.I'm sure it was better than helping her pay her rent, you bought a house for next to nothing, but as you say it was a small bungalow so totally unsuitable for a family. Its only families that need housing afterall.

Bit hypocritical saying you don't agree with RTB when you have clearly taken advantage of the situation.TBH your post doesn't justify manipulating the situation and to say "It was what she wanted" is pretty amazing, I can't imagine my gran saying "I want to buy my house but don't have the money so can you buy it for me".. Jeez some people.

Typical example of greed in our Society, I'm alright Jack.

Yes, we all took advantage of the law that said she had the right to buy her council property.

She didn't ask us to buy it, but was upset about the rent and discussed that with us. It was not to do with her savings, that she could not get HB, she had slightly too much income to qualify. We all felt buying it was a solution that would benefit all of us. She would not have to worry about the rent any more and we would get our investment back when she died.

leveller2911

sanibinman wrote: »

firstly thx for the advice
secondly it was in laws idea for me/us to buy it
it was there way of leaving us a nest egg

house inside is like a palaceat least 20k spent on it
eg central heating,kitchen ,bathroom,carpets
would it be fair for the council to inherit that /?
also at the time of purchase they were classed as poor pensioners so had their rent paid for them by the council
i could of charged them rent once the deeds were in my possesion which the council would of had to pay
but we choose to bypass this as all of us didnt want to greedy/spongers

Most people work hard for 50yrs or so and do their best to save and leave something for their children but most children would be happy with just being left with good memories.

The fact is the money spent of the house is not the issue, the house belonged to the Council and when tenants spend money on a property they are fully aware that the Council own the property and tenants rent it.





"i could of charged them rent once the deeds were in my possesion which the council would of had to pay
but we choose to bypass this as all of us didnt want to greedy/spongers"..

I really don't know what to say.............;) Troll?

seven-day-weekend

leveller2911 wrote: »

I'm sure your conscience is clear.............

Absolutely.

sanibinman

jeez wont be posting again
only wanted some advice and have found myself
having to justify myself
it seems the bottom line here is pure envy
be honest and ask yourself wouldnt you do the same
maggie thatcher rules lol

00ec25

sanibinman wrote: »

jeez wont be posting again
only wanted some advice and have found myself
having to justify myself
it seems the bottom line here is pure envy
be honest and ask yourself wouldnt you do the same
maggie thatcher rules lol

RTB is a red rag to the bulls on these boards

council tenants always argue that thei rent has paid for the house umpteen times over so they should get a rebate on that in the form of a discount. This ignores the fact that if the doscount rules did not exist that rent paid for somewhere for them to rent/live for the last X years and therefore represents money they would never see again anyway had they been renting privately

the RTB reality is that they get a socking great rebate on the rent they have paid so yes it is pure envy because those of us who bought without RTB had to both pay out for the place we lived in before we bought and at the same time save up enough money to buy the place we now live in. We did not get a rebate for the money we paid out whilst waiting to buy, you did paid for in part by our taxes !

the stance taken by RTBers that they have a "right" to their discount is what sticks in peoples throats when many RTBers then sell on asap for a very large profit whereas private property buyers had to wait for a much more modest profit on their first house sale to enable the latter to move up the ladder

Fire_Fox

sanibinman wrote: »

jeez wont be posting again
only wanted some advice and have found myself
having to justify myself
it seems the bottom line here is pure envy
be honest and ask yourself wouldnt you do the same
maggie thatcher rules lol

Many of the regular posters own outright and some own multiple properties, we don't need to be jealous. RTB is fine, taking advantage of the RTB system by breaking the rules is unnaceptable. It's not the council you are cheating it is the taxpayer, some of whom work their backsides off for minimum wage.