We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help, my house is up for sale and I haven't been told
Clare1985
Posts: 111 Forumite
My mum had to sell her house to rent it back, she has just found out the house is now up for sale on rightmove but hasn't been advised of this she is gutted!
Indoor Skydiving,24 Bottles of Beer2nt Mini Cruise to Ams, Knocked up on DVD,No Crave DietBrits CD, Nikwax,Galaxy,Love Curse Of The Rums Caffine roll on, Ratouille DVD,V Lipstick, Mars FootballNigel Kennedy CD, Hugo Boss,2 Cinema Tickets,N Trust Pass £5 Pro Voucher, £5 VV Voucher,Johnsons Set,Astro Books, Beer Mug,Sunglasses, Pitcher,Rizla Wallet
0
Comments
-
might just be a change of landlord?0
-
yes it could be how can i find it out, we will just have to call the company that own the house tommorowIndoor Skydiving,24 Bottles of Beer2nt Mini Cruise to Ams, Knocked up on DVD,No Crave DietBrits CD, Nikwax,Galaxy,Love Curse Of The Rums Caffine roll on, Ratouille DVD,V Lipstick, Mars FootballNigel Kennedy CD, Hugo Boss,2 Cinema Tickets,N Trust Pass £5 Pro Voucher, £5 VV Voucher,Johnsons Set,Astro Books, Beer Mug,Sunglasses, Pitcher,Rizla Wallet0
-
You need to check the terms of tenancy. It has been known for companies to sell the houses after 6-12 months.
http://www.thisismoney.co.uk/sale-and-rent-backHappy chappy0 -
Uh-ho .......0
-
i think we be seeing more of this from these sale and rent back schemes....Renting is less secure
0 -
im hoping it will be a change of landlord it does state how much rent they pay each month and says it would be a good investementIndoor Skydiving,24 Bottles of Beer2nt Mini Cruise to Ams, Knocked up on DVD,No Crave DietBrits CD, Nikwax,Galaxy,Love Curse Of The Rums Caffine roll on, Ratouille DVD,V Lipstick, Mars FootballNigel Kennedy CD, Hugo Boss,2 Cinema Tickets,N Trust Pass £5 Pro Voucher, £5 VV Voucher,Johnsons Set,Astro Books, Beer Mug,Sunglasses, Pitcher,Rizla Wallet0
-
What's stopping the new landlord (owner) evicting you from the house?
What sort of tenancy agreement do you have?"You were only supposed to blow the bl**dy doors off!!"0 -
62/08 14 May 2008
The OFT has launched a market study into the sale and rent back sector.
Sale and rent back (also known as 'sale and lease back') arrangements involve individual homeowners selling their property at a discount in return for the option to remain in the house as a tenant. These arrangements may be taken up by consumers in financial difficulty facing possible repossession of their homes.John Fingleton, OFT Chief Executive, said:
'Sale and rent back schemes might be helpful for some consumers but there are a number of potential concerns including whether consumers in difficult circumstances are making well informed choices. We are therefore prioritising this work to take a good look at whether consumers are adequately informed and protected.'
http://www.oft.gov.uk/news/press/2008/62-080 -
Here we go; i just knew we would see this happening more and more;
The next one will be i am getting thrown out due to a repossession beyond my control.
I dont think your mum has much say in her house now...i am sorry about that because i hate the sell back leeches...It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards