Buy to let to retired father who is on housing benefit

Ewdenstar

Hello, my dad lives in a council flat alone and I want him to live somewhere peaceful which unfortunately currently is not the case. It seems unlikely the council can help achieve this. I recently paid off my mortgage and have saved for a reasonable deposit but need a mortgage of 80k to get the house I have seen for him. Has anyone done this and what are the pros, cons and top tips - thank you.

amnblog

If you can afford it, you can do it.

TrickyDicky101

Assuming you intend for your father to continue to be in receipt of HB (ie effectively subsidising your mortgage) then this is unlikely to be allowed. It would be a 'contrived tenancy'.

lonestarfan

TrickyDicky101 wrote: »

Assuming you intend for your father to continue to be in receipt of HB (ie effectively subsidising your mortgage) then this is unlikely to be allowed. It would be a 'contrived tenancy'.

That is not correct in all cases. There are examples of legitimate HB claims that have been agreed for family members but you do need to read about contrived tenancy as trickydicky says. There is a Housing benefit person on one of the other forums. Seek specialist advice about it as well not just from a forum.