Son's partners father buying them a house ?

[Deleted User]

Yep, my reaction is forget everything else, moving in two months after meeting someone is way way too early.

m0bov

Ask him to help pay for white goods or furniture for the flat you will both rent. Or help with deposit.

AnotherJoe

Seems to me there's a lot of totally OTT responses here and lots of assumptions about the father breaking the law and so forth, on the basis of absolutely zero evidence.
Aside it being very quick to be moving in, which is a relationship issue I really don't see the problem.

SmashedAvacado

Don't look a gift horse in a mouth.
Those saying dont do it should pause for a minute
The father might be advised not to do it, but i can't really see a downside for the son when compared with renting. If he rents, he's entitled to nothing. Worst case scenario then he is in the same position. I suspect the mortgage is cheaper than any market rent so why worry.
The father's relationship with his lender is his business - dont assume he will be breaking any rules - there's no evidence that he will be.

Sea_Shell

As long as your son moves in with his "eyes open" then I don't see a problem.

The ownership arrangements of the property it not his concern.

I'd, however, recommend that he saves a "future property" fund for himself, should he find he needs to move out.

This could go towards rent or deposit.

Retired_Mortgage_Adviser

Relieved to know that it's not just me then!

Setting aside the relationship aspects, it sounds like a good arrangement to me, assuming the mortgage payment is equal to/less than market rent.

How the father finances and maintains the house is his business, it has no evident effect on your son as a renter. He could get a second home mortgage, he could get a BTL product that permits renting to family, etc.

Yes, he has no lasting rights to the house, but that's no different from renting in general.

AnotherJoe wrote: »

Seems to me there's a lot of totally OTT responses here and lots of assumptions about the father breaking the law and so forth, on the basis of absolutely zero evidence.
Aside it being very quick to be moving in, which is a relationship issue I really don't see the problem.

Sachs

You've received some pretty crazy and reactionary opinions in the first few responses.

The father is not buying them a house, he is buying himself a house and offering his daughter and your son a tenancy. This is likely to be a better offer than they can get in the private sector.

The father's mortgage and tax arrangements are none of your business.

No, your son is not entitled to any of his landlords wealth no matter how long he rents for.

I suggest the only advice you give your son is to explain he is a tenant only and that he should treat it like any other tenancy including a written lease.

[Deleted User]

I don't really see the problem either. If your son is a joint tenant with his girlfriend that he has as much legal right to occupy the property and she does regardless of who owns the property. Even if they had a bust up and she want running to daddy your son couldn't simply be kicked out in the street because that would be an illegal eviction.

Mojisola

marra2 wrote: »

Hi all
My son and his new girlfriend of 2 months were going to rent a house but her father said he would buy a house for them with a mortgage in his name and they pay him the mortgage payments.

Lover_of_Lycra wrote: »

I don't really see the problem either. If your son is a joint tenant with his girlfriend that he has as much legal right to occupy the property and she does regardless of who owns the property. Even if they had a bust up and she want running to daddy your son couldn't simply be kicked out in the street because that would be an illegal eviction.

It all depends on what the GF's father is proposing. If he means "I'll buy the place as a BTL and you can be my tenants", that will be the case.

If he means "I'll buy a second home and you just give me enough to cover the mortgage payments" that's a very different situation.

I thought that it was difficult to get a BTL mortgage if a family member was going to be the tenant.

Sachs

Mojisola wrote: »

It all depends on what the GF's father is proposing. If he means "I'll buy the place as a BTL and you can be my tenants", that will be the case.

If he means "I'll buy a second home and you just give me enough to cover the mortgage payments" that's a very different situation.

I thought that it was difficult to get a BTL mortgage if a family member was going to be the tenant.

From the sons perspective those two are exactly the same.
Do not encourage OP to give an opinion on her son's girlfriend's father's financial arrangements.