And another thing...

I don't know for sure but i think it is just the interest
WillowTheWhisp said:
I may be wrong about this and if there's anyone out there on benefit who has a mortgage they'll know more about it than I do but if someone already has a mortgage and they subsequently end up on benefit don't they get the mortgage paid for them after a set period (six months I think)?
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Yes i can see your point about the people who have got a mortgage then unfortunatly end up on benifits but it does'nt work the other way round!! I f you went to a mortgage lender and said '' hello mr money bags!! please will you give me a mortgage for 50thousand pound so i can buy my council house?? OH by the way I am housind benifit and they will pay my mortgage cos they are good like that!!'' he would kick you out the door for wasting time
 
TINKS you are right it is the interest they pay having just purchased my property i am still fresh with the deeds.
 
Yes paying for repairs would be impossible for them. But in the case of an 18 year old single mother who is going to pay the mortgage and who would the house belong too if the social payed the mortgage? And why also should she be able to sell for profit when people that aren't on benefit work to pay theirs.
WillowTheWhisp said:
I still don't think it's a workable idea from the point of view of someone on benefit though for the reasons regarding paying for repairs.
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If you can not get a mortgage for one reason. then your rent is being paid by some means :). If the council wanted they could use that payment method to pay your mortgage payments..:)
 
BUT who would the house belong too???
simon said:
If you can not get a mortgage for one reason. then your rent is being paid by some means :). If the council wanted they could use that payment method to pay your mortgage payments..:)
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I have heard that if you are on the high rate of DLA then you can get a mortgage to buy your house. But it's off the people who post the cards through your door.( buy your council house.)Not too sure if it's legal or not. Have you heard about it A-B.
 
Not sure they would lend you 50 thousand pound for a house with 1 per cent interest lmao, if they do then i wish i would have gone there for my mortgage
 
oh yeah i agree with you there margret, alot of people are struggling with dept these days and it is nice to hear of people that want to help us not there own pockets:)
 
slinky said:
Not sure they would lend you 50 thousand pound for a house with 1 per cent interest lmao, if they do then i wish i would have gone there for my mortgage
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If it was the council lending it for the purchase of a council house it could become a bit convoluted.
 
So the council is going to give them away FREE to a private housing association which will have, at some stage to make a profit. Which means that at some stage the rents on these properties will start to increase year on year, with the benefits going to the housing associations backers.
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Sorry I omitted the first part of your post, 3600 council houses in hyndburn.....WOW did'nt think there were so many.
Now on to the other bit. The "private housing association" will be as a "TRUST" and as such should, and will not make a profit that can be shared amongst stake holders, if it is a "Trust" then any or all profits should be re-invested in the properties. Think thats how its supposed to work
 
park381 said:
Sorry I omitted the first part of your post, 3600 council houses in hyndburn.....WOW did'nt think there were so many.
Now on to the other bit. The "private housing association" will be as a "TRUST" and as such should, and will not make a profit that can be shared amongst stake holders, if it is a "Trust" then any or all profits should be re-invested in the properties. Think thats how its supposed to work
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so who gets the rent that the council pay in houseing beneifit

before the council got it strauight back but now our council tax will be making others richer

those properties will be worth a lot more than what they pay for them if not free and will get sold off probably to another assosiation in 5 years for yet even more proffit

whole thing sux and should not be allowed to happen but we dont get asked about decisions like this we just get to vote people in and once they are in we have no control over what they do
 
It's already been done with some Accy houses. The ones up Belfield Road which used to be council now belong to St. Vincent's Housing Association. One of the tenants I know complains that she still can't get her repairs done!
 
Thanks :) I'll pass those on, but I think she has reported both faults (which do come under their umbrella) and it's been an on-going saga.
 
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