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.Buying parents housing association property.
Options
blueball
Posts: 22 Forumite
My dad has right to buy on his housing association house. He is retired and receives housing and council tax benefit. I want to buy his property with cash.
I phoned up the housing association and they said I can buy his house and put my name on the deeds (the house will be sold to me through his right to buy giving me a 50% discount)
My questions are as follows:
What impact will this have on his housing benefit, if my name is on the the deeds would it be classed as deprivation of capital.
What impact will this have on his council tax support, is this benefit effected by renting from family?
I phoned up the housing association and they said I can buy his house and put my name on the deeds (the house will be sold to me through his right to buy giving me a 50% discount)
My questions are as follows:
What impact will this have on his housing benefit, if my name is on the the deeds would it be classed as deprivation of capital.
What impact will this have on his council tax support, is this benefit effected by renting from family?
0
Comments
-
I!!!8217;m not sure if this is a sensible use of council funds tbh.0
-
If you are getting a 50% discount to buy a house that is part of social housing and you can afford to buy it Cash. Why do you need to be charging your father rent and expect the Tax Payer to pay his rent?
Deprivation of capital? Your father does not own the house so how does this come into the equation unless its his money you are using?
The Council Tax will be paid by the tenant providing rent is paid.
Housing benefit will be paid by council on a property owed by a family member.3.795 kWp Solar PV System. Capital of the Wolds0 -
I do wonder if this thread is a wind up. I do not believe for one minute that the housing association is allowing you to bypass your father, the one with the secure tenancy, to give you his discount and sell his home from under him.
As a housing association tenant does he even have the right to buy? I smell a rat.0 -
What Pixie said. ^^^All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
If you are getting a 50% discount to buy a house that is part of social housing and you can afford to buy it Cash. Why do you need to be charging your father rent and expect the Tax Payer to pay his rent?
Deprivation of capital? Your father does not own the house so how does this come into the equation unless its his money you are using?
The Council Tax will be paid by the tenant providing rent is paid.
Housing benefit will be paid by council on a property owed by a family member.
There are a few ‘nots’ missing from this, ie ‘he will NOT get housing benefit to pay the rent to his son...’
He will not get housing benefit. That simply will not happen.
Council tax support will continue.0 -
marliepanda wrote: »There are a few ‘nots’ missing from this, ie ‘he will NOT get housing benefit to pay the rent to his son...’
He will not get housing benefit. That simply will not happen.
Council tax support will continue.
The missing word is actually May.3.795 kWp Solar PV System. Capital of the Wolds0 -
The missing word is actually May.
The missing word is not may (plus you said will and will may doesnt make sense)
Housing benefit would not be paid to someone whose child had bought the property they were renting securely to continue to rent it to them, especially on a RTB discount. Thats the very definition of contrived...0 -
Popcorn comes out again"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
marliepanda wrote: »The missing word is not may (plus you said will and will may doesnt make sense)
Housing benefit would not be paid to someone whose child had bought the property they were renting securely to continue to rent it to them, especially on a RTB discount. Thats the very definition of contrived...
I stand corrected.3.795 kWp Solar PV System. Capital of the Wolds0 -
I do wonder if this thread is a wind up. I do not believe for one minute that the housing association is allowing you to bypass your father, the one with the secure tenancy, to give you his discount and sell his home from under him.
As a housing association tenant does he even have the right to buy? I smell a rat.
Good point, I had misread the 50% as them buying it between them halfsies...0
This discussion has been closed.
Categories
- All Categories
- 343.2K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608K Mortgages, Homes & Bills
- 173.1K Life & Family
- 247.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards