Buying parents council house - right to buy

spartahawk

No,

Primarily I want my mother to have the best healthcare.
She has a disorder which lowers her level of living, and I want the best.

My children will go to uni- if that is their choice,

Thanks for your reply

MobileSaver

spartahawk wrote: »

No,

Primarily I want my mother to have the best healthcare.

No.

Primarily you want to take advantage of your mother and buy a house on the cheap for your own benefit.

If you genuinely want your mother to have the best healthcare then use your funds for that and allow her to continue living stress-free in her secure tenancy home.

spartahawk

Mobile saver- please go away with your hurtful remarks.

RAS

It is in your mother's best interests to remain a LA tenant for the rest of her life. Her tenancy with them is more secure than if you buy the property. And she can swap into more appropriate sheltered accomodation if required.

If you want to help her, by all means fund additional facilties and support but let her remain a tenant.

Lord_Baltimore

Negativity and moralising seem almost to have become religion on this forum.

If the OP wants to buy a property and can do so legally, he doesn't need to justify himself to anyone.

Let's stop beating around the bush. We all joined a financial forum to get the best financial advice from like-minded people. Everyone here wants to maximise their opportunities. Demonisation of those who have opportunity that you don't, smacks of jealousy.

duchy

Lord_Baltimore wrote: »

Negativity and moralising seem almost to have become religion on this forum.

If the OP wants to buy a property and can do so legally, he doesn't need to justify himself to anyone.

/QUOTE]

Legally he can't.
He can gift the money to his mother and SHE can as she is the tenant (although if she is claiming benefits questions may be asked). As the owner she can do what she likes with the house -and if she remarries (which despite the OP regarding his mother as "past it" she probably isn't ) the house would become a joint marital asset and if she predeceased her new husband ...or willed it to the cat's home ....or needed to move to a care home and the house was sold to fund this there isn't a darn thing he could do about it going elsewhere. It's not just morally wrong -and a deception -it's also incredibly foolish from a purely financial viewpoint

Lord_Baltimore

duchy wrote: »

Legally he can't.
He can gift the money to his mother and SHE can as she is the tenant (although if she is claiming benefits questions may be asked). As the owner she can do what she likes with the house -and if she remarries (which despite the OP regarding his mother as "past it" she probably isn't ) the house would become a joint marital asset and if she predeceased her new husband ...or willed it to the cat's home ....or needed to move to a care home and the house was sold to fund this there isn't a darn thing he could do about it going elsewhere. It's not just morally wrong -and a deception -it's also incredibly foolish from a purely financial viewpoint

Ok, in more pedantic terms then.....if the OP can provide the finance for his mum to legally buy her home, he doesn't need to justify his reasons to anyone.

With respect, all the 'ifs' in your post are just that; one you missed is "if you inherit this property it will probably be a nice little earner"

duchy

Lord_Baltimore wrote: »

Ok, in more pedantic terms then.....if the OP can provide the finance for his mum to legally buy her home, he doesn't need to justify his reasons to anyone.

With respect, all the 'ifs' in your post are just that; one you missed is "if you inherit this property it will probably be a nice little earner"

And if he doesn't he'll be tens of thousands out of pocket. I think you've mixed up the House Buying and the Matched Betting fora !

Lord_Baltimore

duchy wrote: »

And if he doesn't he'll be tens of thousands out of pocket. I think you've mixed up the House Buying and the Matched Betting fora !

Always the 'if' .

ViolaLass

Lord B, isn't pointing out the 'ifs' when a poster has posed the original question precisely what this forum is for?