Council Housing - help - 10 year requirement

Mojisola

Hillingdon has big problems with housing because of its proximity to Heathrow and the legal responsibilities to house migrants.

McKneff

In what way can you not support your family.

Perhaps we can help you sort that out .

Bogalot

TELLIT01 wrote: »

That was only posted a couple of months ago and the OP was then investigating a possible speculative purchase. There was nothing to say that they had made a purchase.
There can be a dramatic change in personal circumstances overnight, let alone over a couple of months.

And this is from just twenty days ago ...

Crackingbones wrote: »

I am buying a property to rent out. my offer has been accepted but when I spoke to my Mortage broker he said because of new rules that have come into place houses with lower yields require larger deposit inpaticular in London. I had assumed that I would need 25% deposit but it seems I would need 40%. I Was thinking of asking the estate agent to get a discount 5k from a £408k price but I am guessing the seller wouldn't be interested in my situation. I don't want to annoy them or make it look as if I am planning games. Any ideas. The house is good but I am not in love with it but it's the first offer I have had accepted after months of trying.

I wonder what has happened to the £100K deposit he had?

Mojisola

Bogalot wrote: »

I wonder what has happened to the £100K deposit he had?

If he's going to admit that he has that money, the ten year rule isn't his only problem.

https://www.hillingdon.gov.uk/article/30151/How-to-apply
Households will not be able to register for housing in future unless:

they can demonstrate 10 year residency with Hillingdon up to and including the date of application

they do not own or have an interest in a property

the gross household income is less than £64k for a 1 and 2 bed or £77k for 3+ bedroom property

they have savings of less than £30k

Londonsu

He has posted the same question on mumsnet


http://www.mumsnet.com/Talk/am_i_being_unreasonable/2816266-Any-hope-of-a-council-social-housing

oldhand

Bogalot wrote: »

And this is from just twenty days ago ...



I wonder what has happened to the £100K deposit he had?

Possibly fell at last fence.......:(:(:(

TELLIT01

Bogalot wrote: »

And this is from just twenty days ago ...



I wonder what has happened to the £100K deposit he had?

That post does put things in a very different light. There is absolutely no way they will get help from the council, emergency or otherwise, with that level of savings. If he lies to the council and pleads poverty he'll just be creating even more problems down the line.

dippy3103

TELLIT01 wrote: »

That post does put things in a very different light. There is absolutely no way they will get help from the council, emergency or otherwise, with that level of savings. If he lies to the council and pleads poverty he'll just be creating even more problems down the line.

If he makes a false statement to get a property he commits a criminal offence. If it comes to light after they have been housed then there will be posession proceedings.

Suggest he investigates the private rental sector. As a tenant...

dacouch

dippy3103 wrote: »

Suggest he investigates the private rental sector. As a tenant...

They may find the private rental costs not to their liking thanks to all the investment landlords

Tigsteroonie

How have you posters connected the OP with crackingbones?

You do realise both posters are only using a stock avvy, don't you?