Right to buy (passing it onto family member?)

AdrianC

Do people really not think this question might have been asked a few times before?
Do they not search, and spot that the answer is always the same - EVERY SINGLE TIME...?

elsien

harryboyy wrote: »

Hello!

Just wondering, if the house that's been granted right to buy status, can I be allowed to purchase my Nan's house? I have the money to and won't need a mortgage, but obviously there is still a lot more wider family involved could they take a percentage or try to when my nan passes on? I wish to buy it, being the only one to mention this to her and she wishes for me to have it in my name, but is this allowed and can anyone else try taking a cut when she passes away? Wish to know this information before I go further with this.


Many thanks!

Harry

So just to summarise, nan is ill, you're the only one in the family so far who's been mercenary enough to suggest the said scheme to her, and you want to make a large profit without the wider family being cut in from a property on a bad area that you have no intention of living in yourself?

ognum

harryboyy wrote: »

A genuine council tenant? My nan lives in the roughest, highest crime, most diverse part of London, even England. It hardly goes to genuine tenants in need, mostly scumbags and ponces.

Harry

Your type of post is a regular on this board and always receives the same answers.

i am interested in why you want this house, if your nan is sick and the house is in an awful area why do you feel you want to buy it? Surely your cash would be better spent in a better location.

You, I guess can understand why some posters believe you are doing this solely for profit. The house is in a carp area, surrounded by scumbags, why do you want to live there? Most people would jump to the conclusion that you want to buy it and sell at a profit after your nan has passed away.

You say your nan has cared for the house but I am pretty sure that it is the Local Aurhority who has put in central heating, maybe new window frames, maybe a new roof etc in the last 60 years. You nan may have paid full rent or this may have been subsidised by you and me and others the British tax payer.

Sadly for you and your nan it is not your choice who has the house when she passes, it has been her home but is not her house another needy person, or scumbag depending on your opinion who is in need will get it.

Nobbie1967

harryboyy wrote: »

Greedy relatives? Wait who even said I'm selling it!? Assumptions, I could live here, remove my nan's rent and let her know that it's staying within the family rather than going to a load of junkie scumbags like the rest of the estate is full of nowadays.

We would also be able to pay for anything she needs if she was to go into a care home but I would never do that, firstly I don't need a mortgage as I have the money easily and won't have to worry about the property for many years.

So if your scheme went ahead, you wouldn't have to worry about the property for many years? You'd just leave it to decay with no maintenance, gas safety certificate, electrical safety checks, repairs etc? You must really love your nan.

You're either a clever troll or a thick opportunist, I can't quite decide which:rotfl:

SnooksNJ

I'm sure someone who allowed their Grandmother to live side by side with the biggest"scumbags and pounces" in the UK for 60 years has nothing but the most honourable intentions.

harryboyy

onlyroz wrote: »

As you seem so genuinely concerned about dear old nan, and you're obviously not short of money, why not buy her a house in a nice area rather than having her live among the junkie scumbags?

Love the prejudice here, no one knows nothing yet assumes everything as if it's so accurate. My nan would never move, the way she sees it as shes lived there for so long and whats the point in leaving, all of our family memories are there. God I wished I never said anything now.

harryboyy

Nobbie1967 wrote: »

So if your scheme went ahead, you wouldn't have to worry about the property for many years? You'd just leave it to decay with no maintenance, gas safety certificate, electrical safety checks, repairs etc? You must really love your nan.

You're either a clever troll or a thick opportunist, I can't quite decide which:rotfl:

Obviously I would bloody look after it, God this has become ridiculously prejudice, what a bunch of prats. This is more like the abuse forum than advice, only a couple of people on this thread have been well informative rather than being an obnoxious, ill informed !!!!!.

Cheeky_Monkey

harryboyy wrote: »

Love the prejudice here, no one knows nothing yet assumes everything as if it's so accurate. My nan would never move, the way she sees it as shes lived there for so long and whats the point in leaving, all of our family memories are there. God I wished I never said anything now.

So do we :T

harryboyy

AdrianC wrote: »

Do people really not think this question might have been asked a few times before?
Do they not search, and spot that the answer is always the same - EVERY SINGLE TIME...?

I actually searched in a lot of areas of this exact question, and couldn't find it.

Ognum, thanks for the information thankfully that comment was actually understandable unlike the rest. My nan has actually paid out of her own pocket for many of the things around the house and in the garden areas, the council never spends a penny on the whole estate.

AdrianC

harryboyy wrote: »

no one knows nothing yet assumes everything as if it's so accurate.

We can only go by what you've told us.

My nan would never move, the way she sees it as shes lived there for so long and whats the point in leaving, all of our family memories are there.

No, family memories are in your heads, not in some bricks. But that's a side issue.

She has a secure tenancy for as long as she wants to live there. She has no worries over maintaining the property. If ever she needs to move, or the "ponces" and "junkie scumbags" get too much for her, then there are no worries over saleability and no risk of investigation into her finances for funding her future care. Basically, there are no benefits TO HER from buying the property, and a lot of downsides.

On the flip side, there is one very big benefit TO YOU from buying it - that big fat juicy discount.

Can you see why people presume that you, and the many others who have asked this exact same question before, might have motives other than pure selflessness concerning the welfare of your grandmother?

harryboyy wrote: »

I actually searched in a lot of areas of this exact question, and couldn't find it.

https://www.google.co.uk/search?q=moneysavingexpert+right+to+buy+relative
Right at the top of the list, a whole stack of very similar threads.