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Can my daughter throw me out of my home?

This is hard and I hope someone can help.
I gave my daughter £45.000 in January 2016 when I sold my house, it was half the equity and rather than wait until I died I helped add to her property portfolio and she bought two houses with that money (Deposits) on the understanding that one would be for me to live in rent free for the rest of my life.
She now has five properties, the house was a mess and needed everything replaced or made good.
I spent over £30.000 on new bathroom, kitchen, driveway, gates, gardens three sides and a total redecoration inside.
I did this as I thought I would be there for life.
Before moving in the rent free arrangement changed to £150 a month which I queried as that wasnt the original agreeement.
It was then agreed if I reinstated a back door, (There wasn't one) at the cost of £1500 I could pay £100, which I agreed to.
I have a lovely home now that I am very proud of and settled in. Intending to be here for life, I have just signed a tenancy agreement in January for two years.
Last month I told her about me reconciling with an ex partner who has a criminal past but is on the straight and narrow and we want to be together in the future.
She has now said that she will exit the housing arrangement and I will have to move out as he cannot live there with me.
She has said she will give me the money back for me to start again with him but I have invested all my life savings on the renovations and added to the property value by @ £37.000.
I cant afford to pay £500-600 a month rent out of my salary when I only take home £1,160 per month.
Can I claim back on the money I have spent on the property and do I really have to leave my home?
I'm devastated.
«13456713

Comments

  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    Ok first of all, no she cannot dictate who lives there. So she cannot throw you out.


    BUT - WHY ON EARTH DID YOU NOT AGREE A LIFE INTEREST AGREEMENT??!!!


    1: Find a solicitor
    2: DO NOT SIGN ANYTHING!
    3: Your daughter is a moron and she will get sued by every tenant if she treats them worse than she's treated you - which I presume she does.


    Sorry who gives a 24 year old £45,000 to start a property portfolio?!
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    [FONT=Verdana, sans-serif]Crikey I am glad I don't have a daughter like that, are you sure she is yours?[/FONT]
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Comms69 wrote: »
    Ok first of all, no she cannot dictate who lives there. So she cannot throw you out.


    BUT - WHY ON EARTH DID YOU NOT AGREE A LIFE INTEREST AGREEMENT??!!!


    1: Find a solicitor
    2: DO NOT SIGN ANYTHING!
    3: Your daughter is a moron and she will get sued by every tenant if she treats them worse than she's treated you - which I presume she does.


    Sorry who gives a 24 year old £45,000 to start a property portfolio?!


    Where does it say that?
  • Have you any record of that money you gave your daughter? - and what the purpose of the gift was?

    Have you written proof of the money you have spent on this house?

    Is it the boyfriend she is objecting to - or do you think she would be taking this attitude anyway?

    With your original house being worth £90,000 - am I right in assuming you are living somewhere cheaper (eg the North of England). If so - would an equivalent house to the one you sold be:
    - about the same sort of price
    - a little bit dearer (inflation only)
    - gone up a lot (ie with house price inflation)?
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    LandyAndy wrote: »
    Where does it say that?
    previous thread.
  • Hello,
    My daughter is 36, My house was worth £195.000, this was my equity when I split up with my partner, I luckily had a deed of trust so it was a protected equity.
    I don't think she treats her other tenants like this, only me as she is furious with me.
    I've tried to explain things to her but she just doesnt want anything to do with me anymore.
    Yes I have my bank records that I transferred £45.000 to her, I have receipts and before and after photographs that would tell the full story.
    It's hard to think straight atm.
    Thanks for your constructive replies.
  • undlou
    undlou Posts: 48 Forumite
    edited 21 March 2018 at 12:49PM
    Hi Christmas Carole,

    Sorry to hear you are going through a rough time.

    How much is your daughter giving back to you?

    How long have you lived there for?

    Do you have a formal written agreement stating you are to live in the house rent free until you die?

    I'd say £45k for lifetime rent free is a very VERY generous offer from your daughter if the house could generate £500-£600 (assuming it could) a month. But that is my opinion and is irrelevant.

    Sounds like your daughter is very worried about you living with a criminal and doesn't trust him living in her house.

    I missed the part that you have a tenant agreement- that won't go down well for her.

    Good luck
    My old materialistic lifestyle left me in debt worth £38,250.

    Current debt balance £35,966 16/07/2018
  • soolin
    soolin Posts: 74,412 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Is the unerstanding you have about being able to live there for the rest of your life written down in any form at all? Do you have any form of rental or tenancy agreement in place?
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    she bought two houses with that money (Deposits) on the understanding that one would be for me to live in rent free for the rest of my life.

    Intending to be here for life, I have just signed a tenancy agreement in January for two years.

    If the agreement was that you could live there for life, why have you signed a two year agreement?
  • It was a word of mouth agreement and I have nothing written down, I trusted her and her hubby completley, I have just signed a tenants agreement but once that is up can she end my tennancy?
    I keep the house spotless and it it is beautiful inside and out, I'm very house proud.
    When I moved in she actually said to me 'Don't use that shower as you'll get legionaire's disease', thats how filthy the bathroom was alongside the whole of the house.
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