To ask DF to lend me 5.5k??

[GetInMyNelly]

Need to move soon. Living in private rented property but would like to move to a house.

Mother to 1 and living in a flat.

Due to benefits I have been advised my best option is to offer the first 6 months up front. So I'd need 5.5k including deposit.

To save this up would take me absolute years!

I can give 2.5k back within 2 weeks and then pay £600 a month for 5 months.

WIBU to ask DF for this??

Fine if your father has lots of savings - you can ask. But make sure you can actually afford the rent, as presumably it will be a lot more than your current rent.

Have you got notice on your flat?

If it would take you years to save, how will you be able to pay it all back within 5 months? Am I being dim?

Not unreasonable at all.
Offer to have it in writing though.

If you can pay it all back within 5 months why don’t you just wait 5 months?

Soydora - the money is rent money, she cant save it and have to pay rent at the same time...
You can ask op..

If it would take you years to save, how will you be able to pay it all back within 5 months? Am I being dim?

You've contradicted yourself OP.

Fgs - it's easy! She pays rent in advance to get the house then pays the rent money to her father to reimburse the loan! After the first 6 months she pays rent normally to the landlord.

Ah of course, I was being dim.
Where will the 2.5k in 2 weeks come from? Deposit on current place?

If OP paid 6 months upfront then she would have no rent to pay for 6 months and therefore could use that spare money to pay her father back. She probably can't save now due to paying rent and bills. Not contradicting at all.

If your DF can afford it then there's no harm in asking.

If you have notice and can't wait for 5 months yes, you can only ask and he can say yes or no

I can give 2.5k back within 2 weeks and then pay £600 a month for 5 months.

So it would take you 5 months to save up the amount, not absolute years?

Whether or not you're BU depends on your father's financial circumstances. If he won't miss the cash for a few months, and you have the kind of relationship where asking is fine, then go ahead. If he doesn't easily have the cash to hand but would find it hard to say no, then YABU.

Putting myself in the position of your DF, I would want to help out my DDs if I could and I'd like to think we have the kind of relationship where they would ask me. If they asked for that sum over five months I would say yes and I wouldn't think they were being cheeky to ask.

Sorry, I didn't think that it was rent upfront

Sorry op, was being an idiot

Yanbu to ask but ywbu to expect him to say yes, and hold it against him if he says no.

Ask your Father. I would always help my children if at all possible. I would be cross if they didn't ask and went without as a consequence.

No morning.

If she is paying rent on her place now she couldn’t save much so it would take her years.

If her DF pays her rent up front on a new place then instead of paying rent to a landlord each month she would be paying it back to her DF.

I'd lend it to one of mine - but does your father have those kind of funds available? I suppose that's the key question.

Yep, Heis I've got it now - thanks, and for not getting it straight away! The rest of what I said stands, though.

I would ask my dad, and know that he would happily lend it.
I guess it depends whether he has that sort of money available. No harm in asking but be prepared for him to say no.

You've found a house you like OP?

Come back! This thread is worthless without you!

As you can pay it back relatively quickly I'd ask.

Have you ever borrowed from him before and not paid it back? That might affect his answer.
As you are not receiving housing benefit, would you consider moving to a place with an extra room and letting that out? Telling the landlord that it's you, an adult friend and your child? The landlord would know there are 2 sharers and a child. The room rent money could help you build up savings.
Good luck!

Impossible for us to say. Does your father have the money? Is he happy to lend you money? Only you can answer if it is a good idea to ask him or not.

Apologies was putting my DS to bed.

As others have confirmed, my DF would front the money for 6 months and then I'd simply pay it back to him over 5 months instead of paying the LL.

He's in the higher tax band so earns a lot, I'm just not sure of he has that to hand right now.

I do owe him money for the property I live in now as he fronted the money for this one albeit a hell of a lot less than what I'd be asking for now.

I've borrowed a few thousand in the past (on his credit card) and did end up paying it all back whilst paying him rent (living with him before DS cane along).

I'm just concerned as I do currently owe him money (always paid monthly and on time).

How the hell could I word it??