Embarrassed about housing

onwards&upwards

Green_garnet wrote: »

Thank you all. I am anxious about saying exactly what the problems are with my present flat. They are genuine and, without moving, are virtually unsolvable. Although the grass is not always greener on the other side I have no peace to live here. The help and insight in all of your replies is amazing. I value all your time and effort and it is not futile. I will continue to look.

There are a lot of people on here who are very good at solving problems that might seem unsolvable.

stingey

Green_garnet wrote: »

Thank you all. I am anxious about saying exactly what the problems are with my present flat. They are genuine and, without moving, are virtually unsolvable. Although the grass is not always greener on the other side I have no peace to live here. The help and insight in all of your replies is amazing. I value all your time and effort and it is not futile. I will continue to look.

Because of my housing and the way I have been treated I feel unable to cope. #28 stingey - all what I need to hear and take in, thanks.

Sincerely - I may not manage to return to this site - out of total embarrassment and inability to cope. I hope never to be a 'time waster.'

When reality hits I am lower than I ever thought possible. I don't seem to be able to cope with the reality I am in and I know that millions are worse off than me.

I have written my letter to the Council and have taken in the total reality of stingey post 28.

Green garnet

You may not want to say why you are leaving your property but if you can I can tell you the best course of action and where to get help. I'm sorry if I come across as blunt, but it would be unfair of me to fluff up a potentially hazardous situation, where you could be homeless over the winter months.

ACG

How much deposit would you have to put down on somewhere you want? (percentage wise).

It is not ideal, but you could potentially look at equity release. You could probably get about 30% of the value of the property. If when you sell your place you have around 70%, then it could be an option? Maybe a small loan to top up a shortfall? I am not qualified in equity release so could be miles off but just a thought.

sal_III

ACG wrote: »

How much deposit would you have to put down on somewhere you want? (percentage wise).

It is not ideal, but you could potentially look at equity release. You could probably get about 30% of the value of the property. If when you sell your place you have around 70%, then it could be an option? Maybe a small loan to top up a shortfall? I am not qualified in equity release so could be miles off but just a thought.

OP is 60+ retired, I don't think mortgage is an option for buying new property. They also want to leave the current property, not continue living there, what would be the point in equity release? Surely the best equity release is a sale.

Anyway, it starts to sound like a troll post (albeit very polite one). Multiple "curve balls" and undisclosed unsolvable issue.

elsien

sal_III wrote: »

OP is 60+ retired, I don't think mortgage is an option for buying new property. They also want to leave the current property, not continue living there, what would be the point in equity release? Surely the best equity release is a sale.

Anyway, it starts to sound like a troll post (albeit very polite one). Multiple "curve balls" and undisclosed unsolvable issue.

I disagree. If OP is struggling mentally then having their issues out in public can be very difficult for them. I would prefer to post information and be wrong than scare someone who genuinely needs help away from the site by calling them a troll.

If OP doesn't want to return to the thread, or post again, that's their prerogative. There may still be information they can find useful just by reading.

parkrunner

deannatrois wrote: »

If you are over 55 you could look at places that offer flats for people in that age group at a cheaper rent. I know where I used to live there were more of these available than other properties so more easily available.

We don't know your circumstances but I would have thought sofa surfing would be quite stressful too.

Phone shelter and ask their advice, if you haven't already.

You could also try ringing MIND and see if they have counselling in your area, its usually not too expensive. It might help.

I hope you manage to find something.

That is the type of flat that I rent. I agree that the rent is considerably cheaper when compared to normal private renting but the charges on top of the rent bring the total right in line. Just to give you an idea, my rent is £94 and the standing charges are £44 both weekly.

Green_garnet

Thanks again. I am really not in a good state and, for Post 35 sal__III, I understand my posts don't sound good. I am definitely not troll. I am deeply embarrassed about my stressed mental state, inability to cope and I know I am not thinking straight. Also - I feel as if I say what is wrong it will sound as if I am difficult to please or very demanding. I just want peace to live and that is not happening here. They dynamics of the 'estate' have changed in the time I have been here from 100% owner occupied and very well maintained surroundings to approximately 70% landlord owned, sublet on mostly short tenancies. The general maintenance has gone downhill quite a bit.



As long as the rent is paid it seems to be the case that they are let out to some scary people. Some, although of course definitely not all, competely disrespect the property and leave considerable mess behind as they move on. I am not paranoid but I definitely do not feel safe. There are very many other problems here and I am really stressed.



The posts here have helped enormously. My letter has gone to the Council. I'll wait for a reply then decide. From the insight I have received here I really now believe I probably can buy another place - maybe not where I would like to live but, hopefully, where I can live in peace and feel safe. If I sell I see that a temporary private short term let would be possible and I would know exactly how much I had available to buy something else.



I would not get a mortgage but, only if essential, I might be able to get a loan and I will not do anything financially reckless. I am in the thankful position of not having debt. I have no dependants to provide for.


If I 'go quiet' please don't think I am ungrateful. This is an amazing and helpful site, thank you all.


Green garnet

choille

Don't be embarrassed about being stressed. It happens to most people when under pressure.
It sounds like you are making moves forward in deciding what you want to do - that is a great start.

All the best & keep us updated if you want to.

ACG

sal_III wrote: »

OP is 60+ retired, I don't think mortgage is an option for buying new property. They also want to leave the current property, not continue living there, what would be the point in equity release? Surely the best equity release is a sale.

Anyway, it starts to sound like a troll post (albeit very polite one). Multiple "curve balls" and undisclosed unsolvable issue.

Equity release is for people over 55.
You can use equity release to purchase a new property.

Sell the current place if it is owned, move to a new place and use a lifetime/equity release mortgage to fund the shortfall. The equity will get eaten up over time but it is no good for mental health living somewhere you do not want to be, so could be an option.

Not something I can advise on but worth a chat potentially to see if it is feasible.

elsien

mourning wrote: »

Have you considered buying a Static caravan? Very liveable, and would work with your budget.

For instance:
https://www.turnberryholidaypark.co.uk/caravans-for-sale-scotland/latest-holiday-homes-for-sale/stock-detail/?caravanid=7351

Only to be approached with caution and a lot of research. Many sites don't allow 365 day occupancy and you have a depreciating asset which will need to be replaced when the site owns decides it's too old and they need you to upgrade and remove it.