Buying a property while on social housing

sulphate

aplacetolive wrote: »

Central London.
Need council house for complex issues. It's cheaper and near to job that means saving more for future deposit for a BTL which in future a residential mortgaged home.
Hope I will be a good position if I get the council flat first, then purchase a property on BTL then a residential mortgage for the same house. For us that's the property ladder.

aplacetolive wrote: »

Yes, it's possible to get a BTL mortgage without a residential mortgage or owning a property by specialist mortgage advisor. The lender might be limited though.

We are in need the social housing also. The council already assessed and also will assesses again just before the allocation. I am not using the social housing to save for future property I have already saved half of deposit while privately renting.

....

You don't need a council house for "complex issues" your reasons are very simple. You want it so it's closer to your work and it's cheaper enabling you to get closer to your dream of owning your own home.

However social housing does not exist to provide this "dream" to you or anyone else, otherwise everyone would be living in social housing.

Many people work in Central London, most of them commute from Greater London and further afield - Essex, Hertfordshire, Cambridgeshire, Suffolk, etc. Why can't you do the same?

Your sense of entitlement amazes me, if you can't see how this is unethical despite several people explaining it to you, I'm not sure if there's any point in continuing the topic any further...

aplacetolive

outofmoney wrote: »

Besides whether the idea is ethical or not, do not assume you will get somewhere quick. We are classed as high priority, and like you are in the band under emergencies. We have two disabled children and need an extra two bedrooms. We have been waiting 14 years.

You may need to change your plans!

Same situation here as we have 2 disabled children, need 2 extra bedrooms, ground level flat and waiting for 12 years. I do understand your situation as most people don't.

Eviesmummy

aplacetolive wrote: »

Already have half of the deposit for a BTL mortgage. but not enough for a residential mortgage as salary low, property price high.
I have investment which hopefully grow in 2 years and have to sell
some of the valuable personal items.

Hope you got the answer.

You have substantial savings AND other investments and still expect the state to house you?????
I hope you've declared all this to your local authority, the fact that they are in ISA's and savings/current accounts doesn't mean that you don't have to declare them!
Sounds to me that you want the penny and the bun and you don't care who you trample over to get it. No wonder our benefits system is in such a sorry state

leveller2911

Popcorn anyone?...........;)

aplacetolive

Eviesmummy wrote: »

You have substantial savings AND other investments and still expect the state to house you?????
I hope you've declared all this to your local authority, the fact that they are in ISA's and savings/current accounts doesn't mean that you don't have to declare them!
Sounds to me that you want the penny and the bun and you don't care who you trample over to get it. No wonder our benefits system is in such a sorry state

Not anymore. Been capped £500 a week if you out of work.

If we are, as a working family, entitled to a council housing by declaring everything why not take that? I am not doing anything illegal and not ashamed of.

Buzzybee90

aplacetolive wrote: »

Not anymore. Been capped £500 a week if you out of work.

If we are, as a working family, entitled to a council housing by declaring everything why not take that? I am not doing anything illegal and not ashamed of.

Oh no, £500 a week, how will they survive :eek:

aplacetolive

Buzzybee90 wrote: »

Oh no, £500 a week, how will they survive :eek:

Thets including 3 bed privately rented flat in the big cities like London!

Buzzybee90

aplacetolive wrote: »

Thets including 3 bed privately rented flat in the big cities like London!

People that can't afford London prices, shouldn't live in London.

jaylee3

Eviesmummy wrote: »

You have substantial savings AND other investments and still expect the state to house you?????
I hope you've declared all this to your local authority, the fact that they are in ISA's and savings/current accounts doesn't mean that you don't have to declare them!
Sounds to me that you want the penny and the bun and you don't care who you trample over to get it. No wonder our benefits system is in such a sorry state

What that chick said ^^^

I can't imagine why anyone who is a homeowner thinks they should be allowed social housing. Good grief. Words fail me.

aplacetolive

Buzzybee90 wrote: »

People that can't afford London prices, shouldn't live in London.

That's highly controversial like UK in or out of EU.