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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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Original poster

Good or Bad Idea?

62 replies

MochynBudr · 12/09/2019 09:20

Morning Mumsnet

We have been renting our family home for just over 2 years. LL is a young man and he's brilliant. With the way things are, we are struggling to make any savings towards a house deposit so I've come up with a crazy idea. I was wondering if this is something you would consider at all?

LL bought the house for £114k a few years ago. We pay £700 pcm rent. I want to suggest that we love here rent free for 2 years and what we save in rent goes towards a house deposit. After 2 years, we use the money we have saved in rent to buy the house from LL for £125k.

I know it sounds crazy but is it something, as a home owner/landlord you would consider? I know there's more details to consider but on the while? Or am I bonkers?

OP posts:

Aprillygirl · 12/09/2019 12:31

Oh please put your wonderful idea to your LL then come back and tell us all what he says OP. A photo of his face would be an amazing bonus too

IAmALazyArse · 12/09/2019 12:32

Bit too early for drinking, isn't it😂 Sober up Op

MindyStClaire · 12/09/2019 12:33

I'm a landlord, and our tenant has expressed an interest in buying the property if we're selling. I would sell to him slightly below market value to save the hassle of it going on the market, and give a further small discount if he took it as is so we didn't have to clear out furniture etc.

If you manage to save a deposit (tough, I know), you could approach your landlord with a low ball offer on those grounds.

smalalalalalala · 12/09/2019 12:36

That's a very expensive rent for what the house has been bought for? Has he had a lot of work done? (and then value of the house would be much higher)

Unknownanon · 12/09/2019 15:32

Yabu, but you know that now. All you can do is budget or earn more. Maybe speak to CAB for advice on the former.

onanothertrain · 12/09/2019 15:51

Are you out your fucking mind?

Pollypenguin01 · 12/09/2019 15:56

I imagine OP is long gone along with her username!

AnneLovesGilbert · 12/09/2019 15:57

Don’t bother asking him to sell it. Why don’t you just ask him to give it to you?

MrsXx4 · 12/09/2019 16:05

Awaiting the ultimate cheeky fucker thread when she propositions her landlord!!.....

Andromeida59 · 12/09/2019 16:08

I was in need of a laugh, today. Thanks OP.

Where are these magical people that can finance you for two years? I should find one.

22Giraffes · 12/09/2019 16:15

Oh dear 😂😂😂

Instatwat · 13/09/2019 06:41

Who are the 3% who think OP is NBU?!?

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