Forum Home» Marriage, Relationships & Families» Deaths, Funerals & Probate

My Late Mum's Will-Worried My Solicitor might Keep My Money-Please Advise Me. - Page 2

New Post Advanced Search

My Late Mum's Will-Worried My Solicitor might Keep My Money-Please Advise Me.

edited 16 July 2016 at 1:06PM in Deaths, Funerals & Probate
109 replies 21.5K views
2456711

Replies

  • FreeBearFreeBear Forumite
    5K posts
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    ✭✭✭✭
    annbarbs wrote: »
    So I am gonna use my money when I get it to move out and get myself a private flat up North in Liverpool with a private landlord or letting agency where the rents are about £386 a month.

    Plenty of housing available for under £100,000 in the Liverpool area - Looking at Zoopla, there are two bed terraced houses sold for £45K-£50K (may well need work at that price).

    When the money eventually comes through, you really need to talk to an Independent Financial Adviser rather than looking on the internet for advice. CAB wouldn't be able to give financial advice as they are not registered or qualified beyond advising on debt management.
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • FreeBear wrote: »
    Plenty of housing available for under £100,000 in the Liverpool area - Looking at Zoopla, there are two bed terraced houses sold for £45K-£50K (may well need work at that price).

    When the money eventually comes through, you really need to talk to an Independent Financial Adviser rather than looking on the internet for advice. CAB wouldn't be able to give financial advice as they are not registered or qualified beyond advising on debt management.
    Noted but the CAB would proably be able to point the OP in the correct direction.
  • SystemSystem
    177.8K posts
    10,000 Posts Name Dropper
    ✭✭✭✭✭✭
    It sounds like you should go and see the CAB and get some advice from them.
    In my area there is only one CAB and it is very difficult to see them.
    Because they don't have an appointment system.
    they are only open very limited hours and you have to queue up outside the door very early in the morning.

    And it's strictly a first come first served system. So you must be lucky to see them.
    And I don't think a financial adviser can help. Because I already know how much my inheritance is likely to be.So a financial adviser is only going to tell me what I already know.

    When the house is sold I and my sisters will each get 93k from the 280k the house is being sold for. A third each

    We will also get 25k each from my mum's savings from her bank account she also left to the 3 of us.


    I could have claimed the 25k now before the house is sold but if I did that my benefits would stop,because my savings would then be over the DWP limit. And we don't know how long it is going to take for the house to be sold.
    And that money will run out very quickly if I was living on it.
    So my Solicitor has arranged for that 25k to be sent to him and me at the end of administration after the house is sold.


    So my sisters and I have not got any of that money either it is still in the executors account which is in both my sisters names. Since they are executors of the will.

    So I have not got that money now and neither have my sisters.
    We won't get that 25k until after the house is sold when we will then get our money from the sale of the house and the 25k each at the same time after the house is sold.

    But I and the other tenants are still without water. And I want to move out now and get a private flat. And I never want to go back to a HA again.
    But I cannot move now because I am stil on benefits and don't have any money.
    And it could be months before the house is sold.
    So I don't know how I can put up with it here for what could be months and months or even another
    year.
  • MojisolaMojisola Forumite
    33.7K posts
    Part of the Furniture 10,000 Posts Name Dropper
    ✭✭✭✭✭
    annbarbs wrote: »
    In my area there is only one CAB and it is very difficult to see them.

    I can't remember from the other thread whether you have a Social Worker or a Mental Health Support Worker.

    You're going to be making some major changes to your life and it would help to have someone to support you through this unsettling period.

    All the stuff around the will has caused a lot of stress - buying a property will be a worse.

    Is there any chance of getting a move to a HA flat in a cheaper area?
  • SystemSystem
    177.8K posts
    10,000 Posts Name Dropper
    ✭✭✭✭✭✭
    Mojisola wrote: »
    I can't remember from the other thread whether you have a Social Worker or a Mental Health Support Worker.

    You're going to be making some major changes to your life and it would help to have someone to support you through this unsettling period.

    All the stuff around the will has caused a lot of stress - buying a property will be a worse.

    Is there any chance of getting a move to a HA flat in a cheaper area?

    No I don't have a social worker at the moment.
    I used to have but I was discharged from the CMHT over a year ago but I can still got back to her for help with my benefits and Freedom Pass. And I can see the duty officer but I don't have a keyworker at the moment.

    I could move though the HA home exchange scheme but my HA only use the Homeswaper website and the website is not user friendly at all.And they have nothing.

    Also you can only move if the other person wants to exchange with you and the other person can cal off the swap at any time. So you could be ready to move then the other person could change their mind and not do the swap.
    And you only get a weeks notice to move and that's not enough time to close all your utility bills accounts down.
    That system is too stressful for me I cannot cope with that.


    Where as if I get a private rented flat. I find property I like and if the landlord or letting agency accepts me.
    I put down the deposit, get a lease and then I am given the keys and I move in. So at least I know where I am.

    I think I should get out of here because there are issues here that I am unhappy with mainly my HA not doing the repairs and the recurring problems I keep having, NO WATER and when they fix it a few months later the water pump goes and we have not water again. This keeps on happening frequently which is causing me stress and is effecting my mental health.

    And when I get my inheritance it is going cost me £608 a month in rent and the HA won't treat me ant better and they are not going to look after my property.

    So most people in that situation would move.
    Since the HA will then be taking my money not housing benefits.

    So I would be better off finding a decent landord or letting agent that treats me decent and looks after the property a what my HA should be doing but are not.

    I want to move now as I have all these problems with my HA now but I cannot because I am still on benefits and don't have the money for a deposit to rent private.

    Also a lot of private landlords don't take DSS. But when I get my inheritance I won't be on HB anymore so I won't have to say I am on benefits because I won't be and will then have capital in which I can use to pay the rent myself with. So at least I will have the money to get out of here and I would just tell the landlord my mother left me capital and I don't have to work.

    But even if you do have money and are not on benefits a lot of landlords want referenced from your previous landlord.
    And I am not sure that my HA would give me a reference or not.

    There is one way I could move now maybe.
    And that is I could ask my solicitor to give me my 25 thousand pounds now instead of at the end of administration.
    And I could use that to put down a deposit and rent private.
    But then as you know my benefits will stop and as I would be paying rent that money would only last about a year or 2.

    So it could run out before the house is sold then I might not get my benefits back. And also the landlord could kick me out if he or she is someone who does not want people on benefits.
    Because if that 25k ran out before the house got sold I would have to apply for Housing Benefit again.
    So it's risky because if the 25k ran out before the house got sold and the landlord thew me out I could find myself homeless.

    Another option could be to ask my solicitor to give me some of the money from the 25k say 2 thousand pounds which I could use to secure a deposit with a private landlord who takes DSS.
    That way my savings would not be over the DWP limit as you can have up to £6000 before they cut it.
    And I could then transfer my DSS and HB to the new private flat. And HB pay most of the private rent and I would have to pay a shortfall depending on the Local Housing allowance rate for that area I would be living in.


    But I am not sure if my solicitor maybe just get me some of the money from the 25k or not but I could ask him, if it is possible.
    If it is that would at least let me get a private flat and stil get my HB and get out of here.
    But I would still have to find a landlord that takes HB and that is not easy as you know.
    So I could still be stuck here with the HA until the house gets sold.And even then it still won't be easy to find private rented accommodation.
  • MojisolaMojisola Forumite
    33.7K posts
    Part of the Furniture 10,000 Posts Name Dropper
    ✭✭✭✭✭
    annbarbs wrote: »
    No I don't have a social worker at the moment.

    I used to have but I was discharged from the CMHT over a year ago but I can still got back to her for help with my benefits and Freedom Pass. And I can see the duty officer but I don't have a keyworker at the moment.

    I could move though the HA home exchange scheme but my HA only use the Homeswaper website and the website is not user friendly at all.And they have nothing.

    That system is too stressful for me I cannot cope with that.

    Where as if I get a private rented flat. I find property I like and if the landlord or letting agency accepts me.

    I put down the deposit, get a lease and then I am given the keys and I move in. So at least I know where I am.

    I can see that a HA move would be stressful if you are swapping. The main advantage, though, is that you would have a secure tenancy.

    Do you have to do a swap? I don't know how the system works - maybe other posters could help with that.

    With private rentals, you could end up having to move every couple of years with only two months' notice. That's stressful enough for fit and healthy people to cope with.

    You won't have to commit yourself immediately to one or the other but it would be worth discussing it with the duty officer. Maybe you could get another key worker to support you through the move?

    The idea about getting a small advance on your inheritance is good if you want to move to a private rental. You could ask your solicitor to get the executors to release a few thousand (keep below the £6000 capital allowance). That would pay for a deposit, moving costs, etc and leave you a bit spare for anything else that crops up.
  • Robin9Robin9 Forumite
    7K posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    AnnBarbs - buying, selling, renting is one of the most stressful things that can happen in life.

    Renting, like through a HA has definite benefits - you ring up with a problem like the gutters or no water and it will be attended to, perhaps not as quickly as you like - but its not your problem

    If you own a house then those problems are all yours - it will be up to you to find the repair man, and pay his bill.

    As you are experiencing with the sale of your mother's house selling is a long business - buying is no shorter and there are lots of things you have to arrange yourself - surveys, utilities.

    You really need to think this through very carefully and not rush. Have you a friend that you can discuss the options with?
    Never pay on an estimated bill
  • SystemSystem
    177.8K posts
    10,000 Posts Name Dropper
    ✭✭✭✭✭✭
    Robin9 wrote: »
    AnnBarbs - buying, selling, renting is one of the most stressful things that can happen in life.

    Renting, like through a HA has definite benefits - you ring up with a problem like the gutters or no water and it will be attended to, perhaps not as quickly as you like - but its not your problem

    If you own a house then those problems are all yours - it will be up to you to find the repair man, and pay his bill.

    As you are experiencing with the sale of your mother's house selling is a long business - buying is no shorter and there are lots of things you have to arrange yourself - surveys, utilities.

    You really need to think this through very carefully and not rush. Have you a friend that you can discuss the options with?

    You have to pay utility bills in both a HA flat and private rented flat as well.

    Maybe it's just my HA and I am a bit unlucky.
    I have never been with any other HA but this one, so I don't know what other HA's are like.

    BTW they have just come and fixed the water 2 hours ago.
    So we now have our water back on again.

    I spoke to the engineer who repaired the water pump for our estate.

    He said the pump needs a new part, but he has fixed it temporary so that we all have water now. Until the part he ordered comes in a few days time when he will come back to fit it.
    But we have our water back on now that's the main thing, so that problem is solved.

    But my mum's will has made me look at my life and see the issues in it I am unhappy with. And if I stay here after I get my inheritance it is gonna cost me a lot of money in rent £608. And eat up my money more quickly, and i am not happy with the service I am getting and will be paying for. So I don't see the point in me staying here.

    If when the house is sold if I am to loose my benefits which I will do. And I am to pay all the rent as I will have to.
    I might as well use my the money to move out and live where I want to live.
    Because all my benefits will stop, so I have got nothing to loose by moving up North where I want to go.

    It's true a Council or HA flat is secure in that I have a life tenancy. But what does that mean. I mean what is the point if I am unhappy there and don't want to stay there for 50 years?

    I would rather have a 6 months or shorthold tenancy and be with a private landlord or letting agent I am happy with and who loks after my property. Than be with a HA that does not where I am miserable.

    At the moment I am on benefits and have little money so I don't have a choice. So I cannot help it, I have to stay. here

    But when the house is sold and I get my money I will have a choice. Then I will be able to move because I will have the money and I won't have to tell a letting agent I am on benefits because then I won't be anymore. And I will be able to pay the rent myself where I could not before.

    I don't have to tell a letting agent or landlord I cannot work because I have MH problems.
    I can just tell them my mum died and has left me capital so I don't need to work-If they ask.

    The only thing that might make make it difficult to find a private let is that a lot of landlords want references from your previous landlord.Which in my case is my HA.
    And I don't know if my HA will give me a reference or not.
    I will have to ask my HA. And if they say no then I could just not tell the private landlord or letting agent I am with a HA. I could say I am staying with a friend then they won't expect me to have a reference.
  • edited 18 July 2016 at 9:24PM
    Caroline_aCaroline_a Forumite
    4.1K posts
    edited 18 July 2016 at 9:24PM
    You say that you want to move up North to Liverpool. Do you have friends or family there? I moved from the North of England around 15 years ago back to my home town. I had my daughters with me and my father still lived here, but had no friends still in the area. It's quite challenging making new friends in a new area - I made all my friends with very few exceptions through work. Are you intending to work when you get there? If not, how will you make a new circle of friends?

    Relocating is rarely the greener grass that you think it is - private landlords can be brilliant or awful, you only have to look in the relevant forum on here!

    A financial adviser would not just tell you how much money you will get, he/she will advise you on how best to invest it so that you get the best return for your money. Also, any money from the estate will have to be released by executors, not from your solicitor, so if they refuse that may not be an option.

    Please don't jump into anything without getting advice from either your social worker or someone similar. You have a large chunk of money coming to you, don't make any decisions before you have all the facts.

    Also if you do try to move to private renting whilst still on benefits, bear in mind that many private landlords now won't take tenants on benefits!
  • cheskychesky Forumite
    1.3K posts
    Seventh Anniversary 1,000 Posts
    ✭✭✭
    Is there a local MIND group near you? They not only help with the medical side of mental health problems but with practical things like housing and general support. They might be helpful to you right now.
This discussion has been closed.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support