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Council house wanting new partner to move in ? He rents a house out. Advice please.
Comments
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If he moves in and you eventually jointly buy the house without getting married, your home will be at risk if the relationship breaks up.
He will walk away with his own rented-out property and half the value of your home.
I hope all goes well with the relationship but look after your home for the future.
True the husband would acquire half the council house, but the wife would also acquire half the rental property.
But how much equity is there in the rental property..??0 -
funkybecky71 wrote: »Hello i am a single part time working mum and have met a guy we have been dating a while and looking at the next steps. I live in a 3 bed council house which is my children's family home and have no wish to move. He lives at home with his mum and rents his own 2 bedroom out after a breakup. If he was to move in is that OK as he has a house he rents out that is his? And if he does move in and a few year's down it's going well and we want to buy. Is that a option to again as he has a house already that he rents out? Just this is mine and my children home to which i have paid rent on over 15 years so is very precious to us. Thank you.
You can move him in as a boyfriend.
The council are unable to refuse.0 -
If he moves in and you eventually jointly buy the house without getting married, your home will be at risk if the relationship breaks up.
He will walk away with his own rented-out property and half the value of your home.
I hope all goes well with the relationship but look after your home for the future.Cautious_Optimist wrote: »True the husband would acquire half the council house, but the wife would also acquire half the rental property.
But how much equity is there in the rental property..??
If they don't get married, she wouldn't have any rights to his property.0 -
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