council house

[stephen2504]

my parents who are both in late 50s and do not work have been renting a house off the council for at least 20 year as i dont live with my parents would it be possible to buy there house off the council under the right to buy scheme and how would i go about this and whose name would be on the deeds

[Pea Pod]

Only the people named on the rent book can buy a council house.

[WendyS]

Only your parents as tenants would be able to buy the house and the mortgage would have to be in their name. Their particular council may have a policy of not selling off all their council housing stock on request. Also, if they subsequently sold it to you or made it over to you and you don't live there, you would have to pay Capital Gains tax on the proceeds as it is not your prime residence if the property was ever sold..

[provider]

myself and my brother
bought our parents house for them
under the right to buy scheme.
it would be in their names
you could still pay the mortgage.
and the poroperty
would come to you if they wished it
in their wills.
but its a nice gesture to take all that
rent paying off their minds.
remember they might not want to buy.
its their decision.

[mr.foz]

As someone who has been through the Right to Buy i can tell you, you can. If the tenency is a secure tenency which it sounds like it is, you could succeed to the tenency if you spent 12 months living with your parents prior to buying. This is easy to do even if you dont actually move in. For example, all they ask for is letters at that address in your name, for the last 12 months. The amount of discount has now been capped, so it depends where you live as to how much you get. The best thing to do is call your local council and ask them for advice, they are usually quite helpful. If not try their website, where it will probably have a policies page detailing how they work. Their address will be www.yourcouncil.gov.uk Then go to an independent financial advisor for advice on the best way to purchase. If you use the company that always advertises on T.V for the Right to Buy be aware of the fees as they are very high.You can legally succeed to the tenency.