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Can we buy a house and not live in?

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Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    noclaf said:
    Conscious this is not my thread but what if you live in a parents house for whom you are a carer...but need to buy another property as a safety net in case said parents illness (progressive) gets much worse to the extent they need to go into care..and care potentially needs to be funded by sale of their house (your place of residence too). What's the implications for council tax too?
    Probably better you start a new thread rather than confuse matters here (but as far as the mortgage lender is concerned, similar considerations i.e. standard mortgages are for a main residence, not a property being left unoccupied indefinitely).
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    noclaf said:
    Conscious this is not my thread but what if you live in a parents house for whom you are a carer...but need to buy another property as a safety net in case said parents illness (progressive) gets much worse to the extent they need to go into care..and care potentially needs to be funded by sale of their house (your place of residence too). What's the implications for council tax too?
    Most local authority rules now mean if you own the house, you pay tax on it. 
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