Looking for a Right To Buy Mortgage with Mum - She is the tenant and 67

SnooksNJ

Here's another feel good story that the OP can use when she can't afford a boiler replacement.
https://www.homeraffler.com/

To make it legit you have to add a question.
I bought this council house for my Mom because:
A. 10's of thousands in taxpayer subsidy.
B. feeling of self entitlement on something I don't even own.
C. after 5 years can sell and put large down payment on another house.
D all of the above.

seven-day-weekend

Mojisola wrote: »

I think the consensus here is that an older person with a secured tenancy is in a very fortunate position and that isn't something that should be given up lightly.

And maybe they are not giving it up lightly. They may have given great thought to the matter and still wish to exercise that right.

Mojisola

seven-day-weekend wrote: »

And maybe they are not giving it up lightly. They may have given great thought to the matter and still wish to exercise that right.

Some may have - but it doesn't appear that way from the threads started on here.

gettingtheresometime

seven-day-weekend wrote: »

But whatever your views on Right to Buy, at the moment the OP's mum has that right. They are doing nothing wrong in exercising that right. Therefore there is no need for them to be laid into in the way they have been on this discussion.

By all means campaign to have RtB repealed, if that is what you wish.

But there again it's a but like the so called dementia tax that the Tories proposed at the GE....if people were honest enough, they'd agree the system needs overhauling but when a political party is brave (or foolish as it turned out lol) to propose it then everyone backs off and decries the idea.

Red-Squirrel_2

pimento wrote: »

Presumably, the OPs life insurance would clear the mortgage.

...and what about the ongoing maintenance costs?

Red-Squirrel_2

seven-day-weekend wrote: »

But whatever your views on Right to Buy, at the moment the OP's mum has that right. They are doing nothing wrong in exercising that right. Therefore there is no need for them to be laid into in the way they have been on this discussion.

By all means campaign to have RtB repealed, if that is what you wish.

Just because its perfectly legal doesn't mean its not wrong.

I would definitely say that enabling your retired mother who doesn't have a lot of money to give up a secure lifelong tenancy meets my definition of wrong.

fairy_lights

pimento wrote: »

I think the consensus here is that if you're in social housing you should stay in social housing. Don't want you getting above your station, especially if they perceive you as getting something for nothing.

Where on earth did you get that from?
I think the consensus is, if you have a well paid job and can afford to buy on the open market, good for you, do that instead of buying your aging mothers council house, reducing social housing stock and risking her ongoing security.

FBaby

Right to buy is a fair opportunity when it is the people who were to council housing in the first place are then able to buy their home. It's not right when it's their well off kids who do so because they can't to our themselves.

pimento

Red-Squirrel wrote: »

...and what about the ongoing maintenance costs?

What about them? There are plenty of home owners where I live who do no maintenance on their houses and they didn't buy them from the council.

There's a real nanny state vibe here, sometimes.

pimento

fairy_lights wrote: »

Where on earth did you get that from?
I think the consensus is, if you have a well paid job and can afford to buy on the open market, good for you, do that instead of buying your aging mothers council house, reducing social housing stock and risking her ongoing security.

I think that's a QED.