Council Tenant, Housing Purchase Loan

C1990

My partner and I have been renting of the council for 4 years now.... when we began rentig we were unemployed however we both gained employment 2 years again and failed to inform the local council....will our rent increase be back dated????

Also we are going to apply for a housing purchase loan will this affect our application ???

Xterminator

yes it will be backdated.
you will have to clear your arrears before they can change your tenancy - its possible they will accommodate if you agree a plan to repay these arrears 1st, then apply.

however i know someone who had to get a loan from credit union to clear arrears before they could make a change to tenancy.

C1990

Thank you for your reply....

The arrears will probably be crazy money to pay back...
We may be better off moving into private rented for a while before we apply

njs030

C1990 wrote: »

Thank you for your reply....

The arrears will probably be crazy money to pay back...
We may be better off moving into private rented for a while before we apply

You'll still have to pay the arrears.

Gatling

C1990 wrote: »

Thank you for your reply....

The arrears will probably be crazy money to pay back...
We may be better off moving into private rented for a while before we apply

So give the council house ?

Xterminator

if you look at market rates - you would still have a cheaper rent with council charges, + 100 a month repayment vs private rental market in just about every area i know of.

bite the bullet, drop in with 3 payslips and last 2 p60's each, and agree a repayment schedule.

I assume you are planning on handing back the key, and hoping they don't find out - but you could jeopardise any future plans because they will check your employment history if you apply to buy.

i recommend you do the right thing - for your own sake.

dudara

Moved to Accommodation & Property

dudara