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Renting to Family Member

135

Comments

  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Does BIL own the house or does he rent it from someone/council/HA?
  • HB58
    HB58 Posts: 1,787 Forumite
    A few months ago my mum came up with a daft scheme to give all her savings away. The more I told her it was a bad idea, the more she dug in her heels and insisted she would go ahead.

    Eventually I decided that I couldn't do anything to actually stop her and backed off. Surprise surprise, once I had backed off and let her make up her own mind she decided it was a bad idea!

    Here's hoping that your mother also makes a good decision on her own.
  • xylophone
    xylophone Posts: 45,642 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is he doing her a favour

    In a word, no.
  • mumcoll
    mumcoll Posts: 393 Forumite
    Does BIL own the house or does he rent it from someone/council/HA?

    He owns it, not sure if he has a mortgage on it though.
  • I'd be very concerned also about heating costs. Are they likely to increase?
    “All shall be well, and all shall be well and all manner of thing shall be well.”




  • mumcoll
    mumcoll Posts: 393 Forumite
    I'd be very concerned also about heating costs. Are they likely to increase?

    I would think so, its a 4 bed house, she is in a 2 bed bungalow at the moment.
  • missbiggles1
    missbiggles1 Posts: 17,481 Forumite
    10,000 Posts Combo Breaker
    mumcoll wrote: »
    I would think so, its a 4 bed house, she is in a 2 bed bungalow at the moment.

    What about when she can't manage the stairs?
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is she 'of sound mind'.......?
  • gazter
    gazter Posts: 931 Forumite
    Tenth Anniversary Combo Breaker
    HappyMJ wrote: »
    No such thing as "bedroom tax" and what you might be referring to as the under occupancy charge is only for social housing tenants and does not apply to a private rental.

    Actually the room rate has applied in private rentals since 2007, the changes to housing benefit for social housing tenants (that labour christened the 'bedroom tax') was the alignment of these room rates to the social sector.

    But yes, she would be nuts to give up an assured tenancy.
  • mumcoll wrote: »
    I would think so, its a 4 bed house, she is in a 2 bed bungalow at the moment.

    Then her heating costs will probably increase dramatically.

    I downsized from a house to a flat and my combined gas/elec went down by over £60 a month.

    I can't see any advantages for her in the proposed situation. Giving up a secure tenancy, living in a larger house that's more costly to run, sharing it with someone else's stored furniture and having to negotiate with family for repairs, it's a lot to take on at 70.
    “All shall be well, and all shall be well and all manner of thing shall be well.”




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