How long does to take for a house to 'sell' and for us to have to move out?

Curv

blue_monkey, in these days of 'rights' and looking after number one, your selfless acquiescence to the situation is admirable.

You are clearly interested only in what's best for your mum, your family and your pets and have no regard for what you could (or ought!) get out of the situation. It's refreshing, admirable and a little humbling, if I'm honest. I hope the Karmic Boomerang rewards you well.

blue_monkey_2

Curv, thank you. Argh, you nearly made me cry again, it's been a long night and I've hardly slept and I am trying to think past the end of November, we are off on holiday to DLP in a few weeks and my daughters 5th birthday is coming up so I don't want all of this to overshadow that, it's just stupid things like putting the Xmas decorations up - we have always had a huge display outside and people tell me they look forward to it but I lay in bed last night thinking if I should bother and my husband said no, I said yes - I just think he is looking for an excuse not to do them, LOL, but it will give me some focus. If we get our own place before them - well we can decorate that instead!!

When my hubby and I got married we could have bought or lived in our own place, but Mum could not have afforded to keep her house with her having such a low income. She would not have been able to afford to renovate it, it would have sold for peanuts to some investor, but we decided to stay, to keep it in the family so Mum would have some thing to sell and then have money to live on when she left. She told us she would give us some money for giving up the chance of having our own place but she has never specified how much (all I want is enough to be able to carpet and decorate a place of our own when we get one!!) - now it is impossible and hence being in this situation that we are, the houses are just too expensive for us to even consider buying just a flat now.

Yes, we have been spoilt with low rent by paying her low mortgage and I do appreciate that but the house when we moved in had no heating, one sink in the kitchen, loads of damp, etc... it was worthless. My brothers and sisters lived here before that - in that state it was in and never did anything to it. We now live in a different house and we have spens thousands on loking after it and maintaining it, my husband is quite handy and he has fixed most of it up (even if it just took him 16 months to finish the bathroom, ahem!!) and it is a home, not just a pile orf bricks and mortar, even the attic has been done so you could have an extra room or office up there. I am quite gutted as it was so out of the blue, if I had of had time to prepare or knew mum was even considering it then I think I could have dealt with it better and yes, I could think of myself but that is not what I am about. In June she signed a 10 year fixed mortgage rate. Why do that if you are thinking of selling?? So I am just confused and want what is best for everyone. Even now I spent half of last night thinking that is we was to be offered a place by the council in a few weeks time I would take it and how would mum pay the mortgage if she could not sell? she has no money to, will the Bank justtake it off her? She relies on our money to pay for everything, life insurances, rates, council tax. She struggles to do it where she is now and she cannot just stop paying them because it is up for sale, especially the council tax - I really don't know if she has thought it through completely. BUT, it is her house and I am putting on the happy not bothered face when she is here otherwise she will feel bad about it and who wins in that situation. I also wonder if she is ill and wants to make the most of the time and money she has, fair play.

I also spent half the night wondering what happens to the fish in the pond we put in a few months back. As I say, just stupid niggly things that I probably should nto worry about I guess. I have accepted we might go into a hostel, hubby complained about it but I have said if he does not like it he can go back to his dad's and I'll stay there as I know that is the first step to getting somewhere and it'll mean we only have to wait 12 months at the most - beggers can't be choosers after all!!

Anyhow, I have rattled on long enough, your post really, really touched me and I wanted to thank you. If I get any news and if the Karmic Boomerang comes back and smacks me in the face I will indeed let you know. There is a first time for everything, LOL, and I do believe in 'everything for a reason' (is that the same thing??) but right this minute I am wondering what the hell it is. My husband said that maybe a new 4 bedroom detached house had been handed to the council and it was waiting for us on Wednesday.......... We can all dream right.

xx

silvercar

Are hope you are claiming WTC and any housing benefit you may be entitled to. No shame in claiming what you need, you are bringing up our next generation.

You sound a lovely person, best of luck in your house search.

A_Nice_Englishman

Don't worry about how your Mum will pay for the house between you leaving and it being sold. There will be no council tax to pay if it is unoccupied and unfurnished and if she speaks to the mortgage company they *should* add the interest to the outstanding mortgage and pay it out of the sale proceeds. I am assuming there is a reasonable amount of equity so there will be a surplus.

She should keep up the insurance though.

lotto-dreamer

What a difficult situation -

This is a possibly a crazy suggestion - but is there any way you could buy the house off your mother?

You mentioned she had a low mortgage and you have put a lot of work into the house. Perhaps some compromise could be made with price. You might also be able to take out an interest only mortgage to start with that could keep you payments affordable.

It might be worth getting some expert advice on this but it could be worth thinking about. It seems a shame you stand to lose a home you've put such a lot into.

SquatNow

On th positive sie blue_monkey, you probably have nothing to worry about.

If your mum had put the place up for sale on the 1st June you would have been out by md July. Since she's selling in November, you'll be out by 1st december.... 2012 or 2013, I'm not prepared to pin it down yet.

The @rse dropped out of the housing market in August. Now unless she's prepared to knock 20% of the July price she won't find a buyer.

Put the following wors in order: months four boat missed the by

From your side, either you are a tennant, and are entiled to 2 months notice, (this applies even if you haven't signed a contract) or you are a co-occupant, (no sure of correct word but it is close enough) in which case you have a financial interest in the property and will own a share of it based upon how much you paid towards it.

blue_monkey_2

Hi again,

Well, back form the council and they have told me I can claim housing benefit (but I have to check first that the rent is not too high), BUT we are going to apply to rent from a local landowner as he charges low rents to local people and one has just become available. We shall see.

Ths thing about this house is it is not in tip top condition (although we have looked after it we have standalone heaters rather than CH for example and this will mean it being a lower price) it is prine for FTB I guess and this is what scared me. We have nothing to worry about until after Xmas - and if it does come to us being on the 'street' for a few weeks we will put everything in storage (we know it is inevitable so we are starting to chuck away/store everything we do not use right now) and go to a hotel for a 'family holiday' for a few weeks. i have heard the Travel Lodge does £10 a night, LOL!! But seriously, I feel a whole lot better since speaking with the woman at the council and it means we can still look in this area but we won't get a council house. Loads of other people rent from private LL long term, I just don;t want to be dragging the kids to a new house every 6 months and this is what worries me really.

What astounded me more was that they charge £170 a WEEK to stay in one room in a hostel. One wonders if this is because the goverment pays them this money as most people will be unemployed as well or if it is to put people off making themselves homeless. I still can't beleive that charge that much though!!

blue_monkey_2

lotto-dreamer wrote: »

What a difficult situation -

This is a possibly a crazy suggestion - but is there any way you could buy the house off your mother?

You mentioned she had a low mortgage and you have put a lot of work into the house. Perhaps some compromise could be made with price. You might also be able to take out an interest only mortgage to start with that could keep you payments affordable.

It might be worth getting some expert advice on this but it could be worth thinking about. It seems a shame you stand to lose a home you've put such a lot into.

To put it bluntly no. It isn't worth the hassle it will cause if mum sells this to me for even 50p cheaper than the 'asking price', there are 4 of us brothers and sisters, while me and the youngest sister deem this as mums and we are looking after it for her, the middle sister and brother see this as their 'inheritance' they already tried to offer mum £53k when it was worth £125k and when mum said no they went balistic at me, told me I was 'ripping mum off' by staying here on the cheap, blah blah!! Ack, no, I don't even want to think about it to be honest. We won't get a mortgage right now (too many debts) but who knows what the future has to offer. If mum gives us what she has promised and my husband gets his compensation for getting industrial asthma then who knows, maybe the 2 amounts of money combined will be enough to pay our debts, get us a deposit and get on the ladder. As I say though, that is by the by and not an option right now, I don't think I would ever want to offer to buy this off my mum I would just go elsewhere, the hell the rest of family has given us just for living here you don't even want to know about. Blood relatives, you can't pick them can you?? :rolleyes: