Right to buy outright purchase options

lostsoul2001x2

Decided to abandon the idea after realising what it would entail by fellow posters. The dream was nice while it lasted.

Richard

JPB123

You can save 16k by the end of 2017? That's about £500 per month, after living expenses. What do you eat, dust? But you're only one Tory cut from living out of the bins in cardboard city?


I didn't realise being on the rock and roll gave you so much disposable income. Perhaps I should stop working 80 hours a week, then I too may have enough money left over to save.

I am an Independent Mortgage Adviser

You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.

tomtontom

You say the system doesn't care for mentally ill people, then you tell us you can save £500 a month living off benefits. Can you see the contradiction there?

I wouldn't make any plans for so far ahead, who knows what the RTB provision will be then, if it exists at all. Focus on getting yourself back on your feet and back into work, you'll feel so much better having a sense of purpose.

lostsoul2001x2

Thank you for the responses.

I take the point that it would involve basically eating nothing for three years, and is thus unobtainable. Thank you for helping me see straight.

Richard