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Right To Buy Advice
Comments
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Thanks. It just seems hypocritical how many of these same users would have no qualms opening and closing multiple bank accounts to engage in switch incentives at the expense of the bank, yet frown upon a government scheme that is there to help people get onto the property ladder.
As far as I'm aware, banks aren't having to severely cut services to all sections of the community - unlike local authorities, who are the ones funding RtB discounts...0 -
Then you need to stop paraphrasing and start reading properly. This is a joint claim between me and my family
No, it is not. You are not entitled to the RtB discount. You are not a tenant. Your parents are getting the RtB discount.
If it was not for that discount, funded 100% by the council tax payers of your area at the expense of the provision of local services, would this be of interest to you?0 -
Do you really expect the general public to be delighted for you to take their assets (social housing) and their money (future care costs and housing benefit costs for both your parents and people who have to rent privately as the social housing is sold) and "triple your money in five years?"
I don't expect anything. Why would I? Both myself and my parents have paid far more tax into the system than we have taken out. My dad worked the same job for over 30 years, never missed a single day of work, and was left with an average pension that barely covers the expenses. On the single benefit he does receive for the past 18 months of his life (HB) he gets about 25% of our rent paid. We pay the rest, just like we did for the other 29 years we lived here.
Am I to understand that socialism is for everyone else to benefit from, but not yourself? What a strange argument. Why not stop paying your taxes completely if this is the attitude you have? I'm sure that will work out great for you, along with the situation you may find yourself in one day if you ever fell out of work and needed to rely on this same socialist pot that you've helped contribute to, but apparently don't want to touch yourself.0 -
Umm, that's not how it works.Both myself and my parents have paid far more tax into the system than we have taken out.
You pay in when you can afford to.
You take out when you need to.
"Socialism"? I have no idea. But our benefits system is there for those who NEED to benefit from it, and is paid for by those who can afford to.Am I to understand that socialism is for everyone else to benefit from, but not yourself?
You've been lucky that you've been able to afford to support those less lucky than you. The normal response to that would be to be thankful that you've never been that unfortunate - but, for you, the appropriate response seems to be resentful that you've not had your "fair share" out... Strange.0 -
No, it is not. You are not entitled to the RtB discount. You are not a tenant. Your parents are getting the RtB discount.
If it was not for that discount, funded 100% by the council tax payers of your area at the expense of the provision of local services, would this be of interest to you?
I also pay my share of our council tax bill and have done ever since I turned 18. As I have lived here longer than 12 months, I am entitled to make a joint claim with my parents by law. I am also the one funding the purchase.
Again, if you have a problem with RTB, then whine to the government instead, not me.0 -
Thankfully RtB in Scotland has now stopped
elmer0 -
Umm, that's not how it works.
You pay in when you can afford to.
You take out when you need to.
Right, which is why we've paid in over 120 years of income tax and council tax between us, whilst claiming about 18 months of a small portion of HB back in return.
This isn't about resentment for paying in more than we've taken out. It's about using the opportunity we're presented with to make our lives better. I have absolutely zero ethical or moral problems with this and quite frankly, if all you have to offer to this thread is a condescending, elitist attitude, them i'd prefer you didn't engage with me further in it.0 -
Again, if you have a problem with RTB, then whine to the government instead, not me.Thankfully RtB in Scotland has now stopped
I hope it will here as well.
In the meantime, it's understandable that people will take advantage of the massive discount.
What I can't understand is the people likely to benefit through inheritance are willing to get their parents to give up a secure tenancy and then take over the ownership of the property themselves.
None of us know what the future holds for us and it's easy to say that they will always take care of their parents but there are so many ways this can go wrong.
I would put my parents' security above any fistfuls of cash I could make by taking away the security of their home.0 -
I hope it will here as well.
In the meantime, it's understandable that people will take advantage of the massive discount.
What I can't understand is the people likely to benefit through inheritance are willing to get their parents to give up a secure tenancy and then take over the ownership of the property themselves.
None of us know what the future holds for us and it's easy to say that they will always take care of their parents but there are so many ways this can go wrong.
I would put my parents' security above any fistfuls of cash I could make by taking away the security of their home.
Everyone in my house will be more secure and financially better off after purchasing the home. We're not idiots. We've weighed up the pros and cons. The house would be ours, so there is no chance of losing it due to non-payment etc.. There would be no rent to pay (nor do I intend to charge my parents any) so we'd all eventually have more money, and we'd also have the option of a good return in our investment if we did decide to sell in the future. If you honestly think I'd make my parents homeless out of some selfish agenda, then you're so far beyond the mark that I'm honestly insulted by it.
There may be no such thing as a "secure" tenancy any more, but you can make the best of the opportunities given to you.0 -
If you are not trying to manipulate (rather than use) the right to buy system why was your original question
"My question is, once we do go ahead with the joint claim, how easy is it to change the deed so that the house belongs only to myself? "
(Copied and pasted from your first post)
Why the urgency to get your parents off it?0
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