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Inheriting a house, can I still apply to buy my right-to-buy home ?

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  • Inheriting a house, can I still apply to buy my right-to-buy home ?

    Following the death of a relative, I am about to inherit a private house needing some updating. I intend to renovate it & would prefer to let it out, rather than live in it or sell it. I am a single person now & it would not suit my needs at the present time.. I have been a tenant of a small local authority flat for years and qualify for the maximum discount on purchase. I always meant to purchase my small local authority flat, but haven't got around to it.Am I able to retain the inherited house, not living in it, renting it out, & still purchase the flat ? I know this sounds greedy, but economically, the rent would give me a much needed income & would pay for the flat purchase. Is the only answer to sell the inherited property to benefit from Right-To-Buy ? Thank you in advance.
    Tags: None

  • #2
    Get on with your right to buy. It needs checking but I think you should be OK.

    Comment


    • #3
      I would say it depends on the terms of the right to buy. If you have to declare whether you own other property then you should do so as I expect not revealing facts such as this would be an issue down the line. Apply and answer truthfully.

      Comment


      • #4
        Originally posted by islandgirl View Post
        I would say it depends on the terms of the right to buy. If you have to declare whether you own other property then you should do so as I expect not revealing facts such as this would be an issue down the line. Apply and answer truthfully.
        Thanks Islandgirl,
        of course, I would be honest in the matter, The terms are that the RTB property must be my 'only or main home'. A bit confusing there, but although the flat wouldn't be my ONLY owned property, it is & always was my main home. If the terms were 'only AND main home', that would implicitly infer purchase of the RTB would be denied. I think I will make enquiries with the council & get the clarification. Thanks for your input

        Comment


        • #5
          I agree with your opinion about the wording - you should certainly ask!

          Comment


          • #6
            Think carefully before contacting the council and giving them reasons to stand in your way.

            You appear not to have become owner of your relative's house yet.
            Lawyer (solicitor) - retired from practice, now supervising solicitor in a university law clinic. I do not advise by private message.

            Litigants in Person should download and read this: https://www.judiciary.uk/wp-content/..._in_Person.pdf

            Comment


            • #7
              Originally posted by atticus View Post
              Think carefully before contacting the council and giving them reasons to stand in your way.

              You appear not to have become owner of your relative's house yet.
              Thank you Atticus,
              I am shortly to apply for probate,it has been some time since the death, am unincumbered as I am the only beneficiary.. Not declaring my delayed inheritance on a RTB application might, I think, be found fraudulent & not something I would ever attempt.Could I not make enquiries (incognito) with the council, to clarify the terms of RTB ?

              Comment


              • #8
                You either have te RTB or you do not. Be open and clear. Tecnhically it may not be your residence yet, but being sole executor and beneficiary opens the door a little.
                It is what it is.

                Comment

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