Buy your home with housing benefit

[Lloyd90]

Johnson apparently having a big push today … one predicted announcement to allow people to buy their homes if in housing association, and allow people to buy home / save with housing benefits 🤷‍♂️ 
 

All sounds very odd 🤷‍♂️🤪

[TIGHTCHOKE]

9 minutes ago, Lloyd90 said:

Johnson apparently having a big push today … one predicted announcement to allow people to buy their homes if in housing association, and allow people to buy home / save with housing benefits 🤷‍♂️ 
 

All sounds very odd 🤷‍♂️🤪

Which will take even more of the limited stock of housing off the market!

[enfieldspares]

So housing benefit is money that ultimately comes out of taxpayers' pockets. So what Johnson is proposing is having taxpayers fund the house purchase of (presumably as they are on a means tested benefit) non-taxpayers. And taken to extreme to fund the likes of the notorious Mick Phillpot. There you go. Conservatism in action. Yet of course only Housing Association owned properties never to allow tenants of privately owned properties the right to buy. 

Edited June 9, 2022 by enfieldspares

[Dave-G]

5 minutes ago, enfieldspares said:

So housing benefit is money that ultimately comes out of taxpayers' pockets. So what Johnson is proposing is having taxpayers fund the house purchase of (presumably as they are on a means tested benefit) non-taxpayers. And taken to extreme to fund the likes of the notorious Mick Phillpot. There you go. Conservatism in action. Yet of course only Housing Association owned properties never to allow tenants of privately owned properties the right to buy. 

You'd have private landlords obliged to sell their houses? 

[Good shot?]

Just watched Gove on Kay Burley show (was not Burley interviewing though) The right to buy program is an absolute farce and he was knocked back on every supposedly positive point he made.

It was an absolute farce from every respect, the way he tried to promote it and was repeatedly put down.

 

[bruno22rf]

If you have 16k of savings you cannot claim benefits surely, so how many houses are available with a 15k deposit, cheapest around here is 40k.

[oldypigeonpopper]

20 minutes ago, Lloyd90 said:

Johnson apparently having a big push today … one predicted announcement to allow people to buy their homes if in housing association, and allow people to buy home / save with housing benefits 🤷‍♂️ 
 

All sounds very odd 🤷‍♂️🤪

Hello, you beat me to posting this Lloyd , People on benefits living in a social housing property payed for by tax payers will now be allowed to buy the property under the right to buy scheme using benefit money , what mortgage provider will sign up to this, and is a deposit required, is it a Vote bribe ?? Who the heck comes up with these looney ideas 🤔

[Dave-G]

1 minute ago, oldypigeonpopper said:

Hello, you beat me to posting this Lloyd , People on benefits living in a social housing property payed for by tax payers will now be allowed to buy the property under the right to buy scheme using benefit money , what mortgage provider will sign up to this, and is a deposit required, is it a Vote bribe ?? Who the heck comes up with these looney ideas 🤔

A voter bribe indeed. Labour does that too. 

[Dave at kelton]

Let’s see this for what it is; a bribe to those who would not ordinarily vote Tory. Right to buy was the single most reason that social housing stock dwindled to such low levels under, and post, Thatcher. Many local authorities put their remaining housing into Associations so we can expect a similar result if this goes through. It would be far better to increase and support low cost housing than this but that hits developers pockets and profit margins so would reduce residential development overall.

[Good shot?]

7 minutes ago, bruno22rf said:

If you have 16k of savings you cannot claim benefits surely, so how many houses are available with a 15k deposit, cheapest around here is 40k.

Gove said they are looking at ways to enable them to save specifically for a deposit without affecting their £16000 max savings.

When it was said but if they are on benefits, how can they save at all these days.......

[enfieldspares]

35 minutes ago, Dave-G said:

You'd have private landlords obliged to sell their houses? 

No. I'd have no rental tenant of ANY provider of housing stock (be that council, housing association, public or private company or private individual landlord) have any "Right to Buy" but if it were to be the law then if it's so good surely it should apply across all types of landlord be it local authority or other. As others say it reduces rental housing stock and in many cases once a right to buy is exercised the house is then sold by its new owner who pockets a handsome profit.

The Tory MP (now Lord) Alan Duncan did this. Subsidised a Westminster tenant to buy his council owned property (allowing tenant to remain rent free with Duncan as the landlord) and then when that tenant died took possession of it. Google also Dame Shirley Porter re Westminster's housing scandal.

Quote

Wikipedia: From 1993 to 1995, Duncan was a member of the Social Security Select Committee.^[14] His first governmental position was as Parliamentary Private Secretary to the Minister of Health, a position he obtained in December 1993. He resigned from the position within a month, after it emerged that he had used the Right to Buy programme to make profits on property deals.^[21] It emerged that he had lent his elderly next-door neighbour money to buy his home under the Right to Buy legislation. The neighbour bought an 18th-century council house at a significant discount and sold it to Duncan just over three years later.^[22] Gyles Brandreth describes this event in his diary as "little Alan Duncan has fallen on his sword. He did it swiftly and with good grace."^[23]

 

Edited June 9, 2022 by enfieldspares

[oldypigeonpopper]

Hello, would be interesting if a family like that shown on TV bought their 5/6 bedroom council house ?

[clangerman]

so we are now going to be working to buy people on benefits free houses remind us again gump fans how wonderful he is lol 

[Newbie to this]

This is an absolute disgrace, and not what I pay tax for 

[old'un]

so when someone on benefits buys a council house, do they then become responsible for all the other outgoings that come with owning your own property, maintenance, rates, etc.

[mel b3]

This can't really be true can it ?. Their must be more to it.

[Rim Fire]

57 minutes ago, Newbie to this said:

This is an absolute disgrace, and not what I pay tax for 

🤣😣

[treetree]

Johnson in desperate need to reconnect with his core voters comes up with this? 

I am lost as to what is going on in politics.

[simonm]

Unbelievable. 

[oowee]

Much of HA stock was created with private cash. The Govt will have to pay the subsidy to buy. It is a very inefficient proposal that will be a legal nightmare (HA's are private businesses) that will also reduce the available social housing stock. It's a complete nonsense. 

I said from the outset that BJ was a nightmare and this is just another example.

[enfieldspares]

1 hour ago, old'un said:

so when someone on benefits buys a council house, do they then become responsible for all the other outgoings that come with owning your own property, maintenance, rates, etc.

Yes. And they keep ALL the profit when it is sold. Thatcher's right to buy gave some a 60% discount on the then actual market value. So many especially in London - see my post re Alan Duncan - took advantage, bought, and then sold on. After all if Thatcher was selling you ten pound notes at six pounds paid you'd have been daft not to. 

[oowee]

6 minutes ago, enfieldspares said:

Yes. And they keep ALL the profit when it is sold. Thatcher's right to buy gave some a 60% discount on the then actual market value. So many especially in London - see my post re Alan Duncan - took advantage, bought, and then sold on. After all if Thatcher was selling you ten pound notes at six pounds paid you'd have been daft not to. 

I remember individuals going around and funding people to buy their home and then buying it off them and renting it back to them with a cash bung. 

[Dave-G]

Hmm, I can't see much difference in using public money to provide a house forever and keeping it maintained at public cost - to funding a similar amount of money to a 'right to buyer' who will eventually be taking over the maintenance of sometimes ageing properties.

In the longer term I'm thinking many of those buyers will gain higher aspirations for themselves and their offspring - taking them out of the welfare system.

Edited June 9, 2022 by Dave-G

[oowee]

4 minutes ago, Dave-G said:

Hmm, I can't see much difference in using public money to provide a house forever and keeping it maintained at public cost - to funding a similar amount of money to a 'right to buyer' who will eventually be taking over the maintenance of sometimes ageing properties.

In the longer term I'm thinking many of those buyers will gain higher aspirations for themselves and their offspring - taking them out of the welfare system.

Surely we would want a Govt to provide a range of options including social rent for those unable to fund an economic rent. 

Any Govt should be working to increase supply to maintain prices but all have been unwilling to do so. 

[enfieldspares]

There were eight, yes, just eight, council houses in my village. All were bought by the occupiers under Thatcher's right to buy. 1930s stock with thirty yard gardens backing on to the village park. All within but five years were sold to "incomers" at huge profit. They were never replaced with new stock. Now the kids can't afford to live in the village and have to seek to rent bedsits and the like in Leicester. Or within the same local authority seven or eight miles away. So there aspirations to continue to live and work in the communities they grew up in went down the toilet since Right To Buy as no builder or developer sees any profit in social housing in any village. It's all bijoux "executive homes" for incomers who then complain about the church bells ringing and X, Y and Z of the noises and smells...yes including folks pigeon shooting...of a village. And when these changes happen so too the bus services cease as the "incomers" all have cars and don't use the buses. So even if the kids remain in the village they can't get to work as there are no buses before early morning. Thatcher knew the price of everything and the value of nothing.

Edited June 9, 2022 by enfieldspares