Affordable Housing - I need advice!!!

My girlfriend & I recently decided to end our relationship of 6 years. I am 39 years old and desperate to settle down (property wise). We had been saving and looking for a property. As I suddenly find myself single again I cannot afford to take out a mortgage on my own. It appears that I do not meet the County Councils single income criteria for affordable housing (I'm about 4 grand short). Is there any flexibility with their criteria or am I really in the mess I feel that I am in. I am living in a rented property in an area zoned for development which is up for sale.

I'm really stressed and any advice would be much appreciated.

Brendan

Sure why don't you ring them and ask. Some councils have more properties than applicants at this stage. It couldn't hurt!

With DCC the minimum you need as single applicant is 25k per annum, I know with SDCC its something like 55k which is ridiculous as people who earn that type of money shouldnt be aloud apply for AH.

Usually the councils are flexible enough when it comes to the income criteria.

But you should know that the waiting lists are fairly long and the Councils are pretty slow at working their way through the lists. I know people on the lists for three years.

Most of the councils are flexible ; [broken link removed] , have a look at them see if there is anything on there ....

Rush Fan said:

My girlfriend & I recently decided to end our relationship of 6 years. I am 39 years old and desperate to settle down (property wise). We had been saving and looking for a property. As I suddenly find myself single again I cannot afford to take out a mortgage on my own. It appears that I do not meet the County Councils single income criteria for affordable housing (I'm about 4 grand short). Is there any flexibility with their criteria or am I really in the mess I feel that I am in. I am living in a rented property in an area zoned for development which is up for sale.

I'm really stressed and any advice would be much appreciated.

Brendan

Click to expand...

Why are you stressed? Is it Because you can't get on the property ladder? why would you want to do that my friend? Haven't you realised that owing your own home is a scam, least of all when it comes to affordable housing?

Think about it. When you buy your own home you have to:

- Spend a fortune paying back the mortgage
- Spend a fortune paying a massive amount in taxes to the government
- Spend a fortune for all the administrative and legal costs to get your mortgage in the first place
- Spend a fortune on doing it up
- Spend a fortune on utility bills
- Spend a fortune on home insurance
- Spend a fortune on mortgage protection
- Spend a fortune on maintenance
- Spend a fortune on the interest on your mortgage
- Spend a fortune on petrol/diesel travelling to work as you'll probably get an affordable home miles from your work
- Spend a fortune on the wear and tear on your car.
- Spend a fortune dealing with the neighbours form hell and can't sell.

- If you do sell too early and your in negative equity you will be penalised twice. Once by the fact your in negative equity and then by claw back.
- You then die just as you've made your last payment, and the relatives get most of the monies from the sale while the tax man gets another chunk in most cases.

What a scam!!!!!

Stick to renting.

UptheDeise said:

Why are you stressed? Is it Because you can't get on the property ladder? why would you want to do that my friend? Haven't you realised that owing your own home is a scam, least of all when it comes to affordable housing?

Think about it. When you buy your own home you have to:

- Spend a fortune paying back the mortgage
- Spend a fortune paying a massive amount in taxes to the government
- Spend a fortune for all the administrative and legal costs to get your mortgage in the first place
- Spend a fortune on doing it up
- Spend a fortune on utility bills
- Spend a fortune on home insurance
- Spend a fortune on mortgage protection
- Spend a fortune on maintenance
- Spend a fortune on the interest on your mortgage
- Spend a fortune on petrol/diesel travelling to work as you'll probably get an affordable home miles from your work
- Spend a fortune on the wear and tear on your car.
- Spend a fortune dealing with the neighbours form hell and can't sell.

- If you do sell too early and your in negative equity you will be penalised twice. Once by the fact your in negative equity and then by claw back.
- You then die just as you've made your last payment, and the relatives get most of the monies from the sale while the tax man gets another chunk in most cases.

What a scam!!!!!

Stick to renting.

Click to expand...

worst advice i have ever heard in my life

Oh i meant to say Rush fan when I first applied for the affordable housing I was on 26k and by the time I got my mortgage it was 31 bit ,my appliction was accepted with the 26 k

Montypython and TrebleT could you please explain to me why he should try and get on the property ladder? What's so great about getting a mortgage, why this obession with owning a house?

Please see this article by David McWilliams

How much more evidence do we need to conclude that the spin we were sold of the immutable triumvirate of banks, credit and property was a sick joke?


[broken link removed]