Right to buy Question

mummysboy12354

[FONT="Arial Black"]Quick question[/FONT]

If I have my own tenancy but have been living with my mother for over 12 months due to health issues and now want to do right to buy with my mother will I be rejected because I still have a tenancy by myself?

Caroline_a

Do you work? If not I cannot see how you could get a mortgage.

Secondly, as far as I'm aware it's only the person on the tenancy who has the right to buy. Does your mother work?

Assuming you do work, and have an income sufficient for the mortgage I don't think you could do with another tenancy anyway - why not buy your own house?

HampshireH

You are very lucky to have kept your current home. Your tenancy agreement is likely to say it should be your main and principle home.

I assume that you have permission from your council to live elsewhere whilst rehabilitating. And in writing.

If not once you make them aware you are living elsewhere (as opposed to them knowing you are an occupant elsewhere as they may not have joined the dots) they are likely to begin tenancy action to recover their property.

HampshireH

You wont be able to buy yours on RTB if you have only had a tenancy 3 years.

marliepanda

So you want a mortgage with your Mum at her house?

And a council tenancy of your own?

Red-Squirrel_2

Do you plan to stay living with your mother permanently?

Is your mum's place a flat or a house?

Are either of you working or likely to work again in the future?

Red-Squirrel_2

mummysboy12354 wrote: »

So correct me if wrong, if i want to do RTB with mother il have to leave my tenancy basically.

Of course! Would you expect to own a home and have one provided by the council too? :eek:

Norman_Castle

marliepanda wrote: »

So you want a mortgage with your Mum at her house?

And a council tenancy of your own?

No. They want attention on a forum. Living with their mother is the only part thats true.

GreenSnake

OP you'd need to give up your council tenancy and get a joint tenancy at your mum's place with your mum.
Then you'd need to get a mortgage, unless you have the cash ready?

But if you give up your own tenancy and then can't get a mortgage, you may get stuck at your mum's house.

Also, how old is your mum?
She will own half the home, if you buy.
Council may want to sell the house for care home fees in the future.

I'd be careful if I was you.

Red-Squirrel_2

mummysboy12354 wrote: »

excuse you i have just come out of hospital and will be return home ONCE i get use to my plastic legs and do things myself. don't be salty. if i went ahead with i would give it back. im due back to my property so getting advice from the public so if you have no advice whether its saying give property keep your thoughts to yourself cheers.

So if you aren't going to be living with your mum forever why on earth do you want to be a part owner of her house/flat?

Cakeguts

People who own houses have to sell them to pay for care home fees if they need a care home. To be honest your mum buying her home means that she would be more at risk of becoming homeless than if she remains a secure tenant. Owning a home opens up risks of losing it if you lose a job or become unable to pay the mortgage. There are no benefits to pay a mortgage. If you are renting a council home you get benefits to pay the rent if you are not working. If you own the home and you lose your job there are no benefits to pay the mortgage that is why owning an ex council house is more risky than remaining a council tenant.

Buying a council house where someone who is not good with money will have to pay a mortgage is a really really bad idea.