Asking permission to sell your own home

I don´t know anyone who has an ex-council house but surely the fact you have bought it gives you the right to sell.  Or perhaps not!

Didn't know about that one, but have a friend who looked in to buying their council house, in the terms of the sale I recall two terms, which read something like this:-

If the house was to be sold within the first five years of purchase the council had first right to purchase at the same price they sold it for...

If the house was to be sold within five to ten years of purchase, again the council had first right to purchase, the price would be based on the average price rise of houses in the area since purchase, irrespective of any improvements made to the house...

So you've done a loft extension, put in central heating, new kitchen, bathroom, fully decorated, paved the drive and built on a garage,,, and it ain't worth a penny more...

Read the small print...

Wangled my way into a Council House in Loughton in 1984. Almost immediately applied to buy it and paid £13,800. Sold it 3 years later (minimum resale period at the time) for 58k. Thought that was a brilliant move at the time but its worth more now than the home I currently have.

126 Englands Lane it was. Sorry about the continuation but every now and again my laptop dies and I lose what I've written. Story of my life, snakes and ladders. Snakes just hooked on again but I'll say feck all for now.  

Life is like snakes and ladders, You just think you have arrived and something sends you down a snake,
Keep playing and hoping you get there, some do and some dont, I've had a few snakes     

Talking of snakes it has come to my attention that the super strong Cider in plastic 2 litre bottles in Lidl works out even cheaper per alcohol unit than the friggin Sherry. Sadly they both contain sugar in large amounts which may just finish me off quicker than liver disease but WTF? Actually the Cider contains sugar AND sweetener so maybe its not so bad??????????????????? Snake Bite.  

Sugar the silent killer, avoid it if you can  

My mum and dad bought their council house 9k....sold it for 190k...I bought a one bed flat once in Brighton, 31.5k I paid, in two years it was worth 67k, I sold my half to the ex, who has moved on from it long time back, not sure what she got, it was up for sell again two years back 450k, location location, Victorian ground floor flat, two main line stations within 6 to 7 mins walk, central Brighton or Hove 5 mins walking, easy free parking etc, dream for townies.

I'm in an ex-council flat. Cost me about £10k. I don't intend selling...I'd have to buy another one.  

Downsize, tent...

The Lone Ranger wrote:I'm in an ex-council flat. Cost me about £10k. I don't intend selling...I'd have to buy another one.  

Is the one downstairs still empty  

he had to reinforce the floor when he got his posh new furniture  

Mcqueen wrote:

The Lone Ranger wrote:I'm in an ex-council flat. Cost me about £10k. I don't intend selling...I'd have to buy another one.  

Is the one downstairs still empty  

Nah, been some blonde young thing in there for a while now...  

3rdforum wrote:he had to reinforce the floor when he got his posh new furniture  

Solid oak furniture is heavy stuff...  

Been nice to buy downstairs, Nock the front out, fit an electric garage door, drive in , Have one of those vacuum lifts, and appear in the living room like James Bond, Keep you dry when its raining,

I ain't putting a mortgage round my neck again. I've been free of that sh*t for 15 years!  

I'm afraid to look to see how many years we have left. 10 more at least.  

Rent or mortgage you have to pay for something, Payed my last one off in June,   
Dont ever get complacent, If a penthouse comes up i will dive straight in,
6 aint enough, neither is 1 million   , Reg Vahoogstraton   2014

The Lone Ranger wrote:

Mcqueen wrote:

The Lone Ranger wrote:I'm in an ex-council flat. Cost me about £10k. I don't intend selling...I'd have to buy another one.  

Is the one downstairs still empty  

Nah, been some blonde young thing in there for a while now...  

3rdforum wrote:he had to reinforce the floor when he got his posh new furniture  

Solid oak furniture is heavy stuff...  

Kock two rooms in to one Cam, your bedroom and bird downstairs.  

Mcqueen wrote:Rent or mortgage you have to pay for something, Payed my last one off in June,   
Dont ever get complacent, If a penthouse comes up i will dive straight in,
6 aint enough, neither is 1 million   , Reg Vahoogstraton   2014

I met Hoogggiiie he has hotels in Hove and we used to have work seminars there, Jans cousin built his palace. OK if you were on his side

So how much was the Mortgage on that 10k flat then........  

£31k Vince, but we got £20k back, it was an endowment policy and it was the good years...