Mortgage

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I am a married mother with three children, looking to get a mortgage, also currently a student. Current situation means we are privately renting, while on benefits, including DLA for my disabled daughter and carers allowance. My parents are in a position to give me a large some of money, about 60% deposit, however I am still struggling to find a mortgage. As we are in receipt of universal credit, which currently includes money towards our rent, I believe this would continue, though I am not entirely sure if this is correct? The house we currently live in does not fit our daughters needs. She is 11 years old and getting very heavy and I am struggling to lift her, with no ramps or wet room, however due to the property being rented the council will not help us. This is the reason why we are desperate to move, however I am not sure if this will actually be possible. Are there any charities that could help us or any other help or advice to get a mortgage would be gladly welcome. 

MovingForwards

The only way UC will pay towards your property is the rent of a shared ownership (S/O) and some yearly service charges on S/O or 'normal' properties. 

S/O are also known as part rent part buy.

Perhaps it would be worth seeing what S/O properties are around, buying one with the money from your family and having UC pay the rent side? You are responsible for all repairs / maintenance of the property.

@haras_n0sirrah is the resident S/O broker.

haras_n0sirrah

You could buy a shared ownership for cash - they usually only allow cash due to age/disability so you would be a perfect candidate for it

csgohan4

Ensure you are aware of being a house owner and all the costs that go with it. Being a council tenant, all repairs will have been taken care of, even in SO you are responsible for 100% maintenance and may be at the mercy of HA who can demand large repair costs

Suddenly being asked to pay for a new boiler is not cheap, at least a few thousand or so