Inheriting Right to Buy.

Deep_Ocean

Just to clarify, no matter what the outcome, my aunt is staying with her sister. She would not be involved at all other than signing over tenancy. She will be looked after by her sister at her sisters house.

The question really is if there is any way she could sign over her tenancy to another member of the family. The house is lovely, in a lovely location and a good sized garden. We have a few new arrivals in our family so it would just be nice for them to get the enjoyment out of the house that my nan had all these years.

I own my own property but her house is bigger and in a better location and closer to my family so it would be ideal if I could purchase it as another option. Especially if I get offered the Right to Buy discount.

But I do think I am clutching at straws and there is somebody out there on the waiting list for housing in South Staffs who are going to be given a late Christmas present. The house is perfect.

NobodysChild

Deep_Ocean wrote: »

Just to clarify, no matter what the outcome, my aunt is staying with her sister. She would not be involved at all other than signing over tenancy. She will be looked after by her sister at her sisters house.

The question really is if there is any way she could sign over her tenancy to another member of the family. The house is lovely, in a lovely location and a good sized garden. We have a few new arrivals in our family so it would just be nice for them to get the enjoyment out of the house that my nan had all these years.

I own my own property but her house is bigger and in a better location and closer to my family so it would be ideal if I could purchase it as another option. Especially if I get offered the Right to Buy discount.

But I do think I am clutching at straws and there is somebody out there on the waiting list for housing in South Staffs who are going to be given a late Christmas present. The house is perfect.

Afraid not Deep Ocean.

As I said earlier, if your aunt was to stay there, she may be able to inherit the tenancy (if she was on the tenancy agreement,) and then she could apply to buy the house herself. But there is no way she can 'sign the tenancy agreement over to a family member,' and then have them purchase the house. I don't think it would work like that with any local authority or housing association.

Thing is, the housing association may question why your nan or aunt didn't purchase the house earlier, and it may come across (to them) that you/your family are trying to make money from the house (even though I am sure your intentions are honourable and you simply want to keep it in the family.)

But no, your aunt will definitely not be able to sign the tenancy over to one of your family, to enable them to buy the house on the right to buy.

If your family love the house and the area so much, maybe they could try and find one similar nearby?

Deep_Ocean

I think I knew this all along to be honest. I just wanted to be proven wrong and maybe there was some form of loophole that I wasn't aware of.

There will be a lucky family who will be given the house shortly. Sometimes you have to move on and let things go.

NobodysChild

Deep_Ocean wrote: »

I think I knew this all along to be honest. I just wanted to be proven wrong and maybe there was some form of loophole that I wasn't aware of.

There will be a lucky family who will be given the house shortly. Sometimes you have to move on and let things go.

Awww, I am sorry for you. You genuinely seem that you want to keep the house, but I am 100% certain your aunt cannot sign the tenancy over to a family member. Now your nan has died, and your aunt is leaving to live with her sister, it will be allocated to someone else on the housing list.

Ask the housing Association by all means, but if this is allowed to happen, (the tenancy being transferred from your aunt to a family member,) I will be very shocked.

sandsni

If your Aunt has learning difficulties severe enough that she can't live alone, then does she have the mental capacity to sign over the tenancy to anyone? Did your nan have legal power of attorney for her or maybe another member of the family (the sister she is going to live with for instance)? That would have a bearing on any decisions you make regarding the tenancy, among other things.


I hope your Aunt adjusts to all the changes ok.

Jenniefour

sandsni wrote: »

I hope your Aunt adjusts to all the changes ok.

My thoughts too.

killjoybandit

There is such a thing as tenancy assignment but it's discretionary and the person needs to be of sound mind in order to do it so as not to seem like its being taken from them against their will, and they need to be the main tenant. Your nan would have been the tenant and I should think the set up would be that your aunt is an occupant on the tenancy, not the tenant and therefore she would need to apply to succeed the tenancy and become the actual main tenant in order to assign. But unfortunately for your family it doesn't seem like that's a possibility from what you have said.

MisterB1959

I assume that getting the property at a knock down price and being able to sell in a couple of years for a large profit holds no interest for you whatsoever - you've already said your aunt will live with her sister and credit to her sister for doing this for her - I wish them both well

Deep_Ocean

Of course being able to buy the property at a reduced rate would be attractive. But if I could buy it at market value I would as well. I just wouldn't get the mortgage for it even if it was allowed. Selling it for a profit in 2 years time would certainly not be an option. It would be my home for life. I guess you haven't read the whole thread before making an antagonistic comment. My nan lived in the house for over 50 years. I had many happy memories there and have celebrated every Christmas at the house. If it was possible for any of my family to take over the tenancy that would be great.

The conversation was over before you made an unecessary post. it will be a sad day when the house goes but there is a family out there who are going to make their own memories in a lovely house. There is some comfort to be taken from that.

Now get back in your box your comment couldn't be further from the truth.

Lioness_Twinkletoes

It has been mentioned throughout that it is a Housing Association property. If this is the case, there is no right to buy. There may be a right to acquire, but the maximum discount would be £16k, not the insanely high £75K offered under the right to buy.

Just thought I'd mention that for future reference.