can a housing association tenant buy a property to rent out

[chil]

can a housing association tenant buy a property to rent out

[woofgang]

that will depend on their agreement with the housing association.

[pink-kittens]

you mean, can they buy another house to buy for rent? Or the house they live in to rent out?

The former, yes, why not?

[johnny37]

not the property they are living in. In theory if you own your own property you do not qualify to live in a housing assn property either but there are loads of scams going.

[pink-kittens]

it is not a scam to live in a HA house and own your own house as well
It is allowed and 'legal' and although you would be last on the lsit, you may well qualify for a council house/HA house

[chil]

Thanks everyone, in fact I managed to contact our HA landlords about this and they also had trouble finding the answer.
The idea was for me to use my retirement lump sum to buy a small flat to let out in order to subsidise my pension.
In the end the HA managed to find out that this is in fact OK as long as my HA home remains my main home and I do not sub let it (the HA house).
This would have been a different matter if I owned a property when on the HA waiting list. Thanks again.

[johnny37]

Maybe scam was a bit strong to describe something which is not illegal. The first criterion to qualify for social housing is need. If you have the wherewithall to buy another property your need is zero. It seems to be a rule that once you have social accommondation you have it for life whatever your circumstances. A bit of a grey area if you are buying a flat to let as a business arrangement. BTW there are thousands of HA and council flats illegally sub let.

[Brimoan]

Hi johnny37

I am not sure you can say it is a scam under all circumstances.
I did hear of a case where somebody was renting a council property and inherited half of a bungalow from a distant relative and the property was located about 40 miles away and he had a job at the time.
The wife of the deceased owned the other half and was living in it and passed away 8 years later about 6 months before he retired.
During his last 6 months of work he gradually transfered his property to the bungalow and went to live in it as soon as he finished working and gave up his council house at that point.