Buying parents home

princessdon

You are aware he can't claim housing benefit, that you need to become landlords and also your own entitlement to benefits (including child tax credits) will be affected.

BitterAndTwisted

TWELVE GRAND for a mobility vehicle? That's crazy talk and he needs to be discouraged from making such a very poor decision. Most especially when he's grieving and not thinking straight.

witchy1066

you don't have to pay for mobility cars providing you are entitled to a mobility allowance , you give up your right to the allowance and you get the car instead
mobility cars are subsidised by charity
the most he would have to pay is a deposit depending on what car he chooses and that deposit is returned after 3 years or used against your next mobility car , usual deposit around £700 unlikely to be more and could be less , www.motability.co.uk
sorry OP you are talking a load of rubbish

Thriftygifty

I'm confused who's the car for?

Do they not get a separate mobility payment? Could they not use this to get a mobility car if they do? They get a newone every three yrs don't have to pay for repairs etc

mikeandrach_2

I think the mother was entitled to the motobility car, and the father probably isnt

Yorkie1

cherie63 wrote: »

To be able to give the FIL the 50k he wants each of the children will have to lend on their own properties
He would live in the house as neither of the children would be as heartless as that

Then, as I said at the outset, this idea is a non-starterI think.

Vacant possession must be given on completion. Lenders don't like lending where the seller remains in occupation post-completion.

Loan or give him the money for the car another way, if it must be done. This really is not a good idea.

sandsni

I'm confused, the OP said the MIL had died, but later says FIL wants to buy MIL mobility car. Sorry to be so dim, but why would he be buying a car for someone who is no longer with us?

mikeandrach_2

I think the mother got motobility allowance, meaning she had a car from motobility. the father would also be allowed to drive this. now she is dead, she has clearly got no need for a car. the father isn't entitled to the benefit by the sounds of it so loses the car, BUT has the option to buy it outright

cherie63

Mike you are right
The car was for the MIL and now for sentiment reasons and because he thinks its a good deal he wants to buy the car. The son and myself have both said that he can buy cheaper but FIL has said he will scrape the money up
He will not be entitled to any benefits or any of the two children so this does not enter the discussion.
Thank you all for your comments as I was against the whole thing in the first place and I may have to suggest that the two children just lend him money as he needs with no interest -just as long as he writes a will
I did ask why there was no will and if MIL and FIL had not discussed either of them dying-and the response was that they did not think it would happen. MIL has had long term illness since late 20s and cancer for the last two years

hcb42

they dont have to make a will, with such a low house value and estate and no complicated family presumably, then things will be settled quite quickly in event of death.

But no, suggest the kids find £3.5K each and buy him the car, or get him a cheaper one, not buy the home from him at this very difficult time for all I presume.