Leaving a council tenancy to move back in with mum need some reassurance

[prestatynprlck]

For context I am 28 and single. I was given a council tenancy on a one bedroomed flat three years ago. Since then my circumstances have changed and I now earn 38k a year and I am in a position where I could buy a 2/3 bedroomed house soon. I have a 5% deposit saved but I need 10% really otherwise I am going to get stung my interest rates. I could save this in a year moving back in with my mum. I need to bite the bullet and do it however I know I would never get given another council tenancy again and I feel a bit scared of letting it go. Am I mad to consider giving up a secure tenancy to move back in with my mum?

Exactly. Some really bitter and jealous people on here. There's no reason on earth why a single person shouldn't have a 1 bed flat. As I said who the hell else should be in it then? A family? How is a family with one or more children going to live in a one bed flat?

No way do children live with parents in a one bed flat ANYwhere. 🙄 If they do, they bloody well shouldn't be. They would be OVERCROWDED. No WAY would any housing association or council that I know of, house an adult (or couple,) with one or more children in a one bed flat.

As I say, sooooooo much bitterness and anger on this thread. Also laughable that some people seem to think that what happens in London must happen everywhere else.

Leaving a secure home for any reason is not clever. You are safer staying put.

Blimey I'm really going against the grain here.
If you have a plan to add to your deposit and buy a 2 bed home in a reasonable period please do it.
There's a whole load of don't give up your council tenancy but you are earning well and can buy a better place and with that freedom of where you live, build equity and eventually a mortgage free home. Why would you? Let the flat go to someone who needs it

Come on- cut that out.
Nothing wrong with 38k at 28 years old. No need to try and put her down

You aren’t understanding- the issue isn’t “she shouldn’t have the flat” but “is living with your mum an issue that led to you getting the flat in the first place.” Relationships with parents can be tricky while you are living together. If it doesn’t work out, the OP has been clear she wouldn’t get a social housing property again. She now wouldn’t qualify. So if her relationship with her mum wasn’t rock solid, giving up her flat could be a disaster.

Given she is pretty confident she wouldn’t be able to get another flat if she applied now, then it’s even more important she only gives up the secure rental flat for the security of a bought home, not go insecure living with her mum, unless things are completely perfect with her mum.

You can still be on a list, and bid for properties when you are living with someone.

If there is no one ahead of you on the bidding, in terms of need, you can be allocated the home.

No.

But please do invest in a good property so that your safety net grows accordingly. Meaning small space in a good area.

Good luck 🌺

Move in with mum and let someone else have the flat then save, save, save. Before you know it you will have enough of a deposit that will give you more choice, life is sometimes too comfortable and parents are not around forever.

Is it your intention to split all the expenses with your mother if you move in with her, or are you hoping for a free ride so you can be secure in the future?

Stay. Absolutely.

Save up where you are and Then decide if to give up the tenancy.

It would take a LOT to make me give mine up and what your describing wouldn't come close to a reason

It's really good for a 28 year old! It's better than my pro-rata at 34. But houses and living costs are bloody expensive! I wouldn't be rushing to get rid of a decent and affordable place to live on that money. You need silly sums for a mortgage.

Oh I was going to ask if you worked for a private company as some do staff loans at really good rates so you could fast track your plans, but it looks like that's out unfortunately.

Going to echo what most people have said and say stay in your current flat, and save albeit a little slower.
If your DM is in SH, and god forbid something happened to her, you could be turfed out with 2 weeks notice.
Depending on the rules about housing where you live, having some money saved up could disqualify you for further council housing anyway. That is certainly the case where I live (if you have more than £16k, you can't even get on the list).

Do not give up your home!

Not right now, in terms of buying a home, does not mean never.

Don't give it up, buy your council flat so you get a big discount.
Then if you wanted to rent it out and move in with your mum, the rent would cover the mortgage

Think long and hard, council house gis like gold dust now, many families who've rented privately are having to turn to council due to costs. Remember moving in with your mum could affect personal relationships (lack of private space). I'd stay out until literally a few months before you can buy

Don't give up your council flat!

But can a parent manage a year with the OP?
it is absolute madness to give up a secure tenancy before you actually have the means to buy. Anything could go wrong. You might fall out with Mum. You might loose your job. You might become ill and unable to work. The market might explode and you can no longer afford what you thought you could. Sorry to be.so pessimistic but you have to be realistic. Stay where you are.

You might fall out with Mum. You might loose your job. You might become ill and unable to work. The market might explode and you can no longer afford what you thought you could.
A meteor might hit the earth, the plague may come back or Noah and his Ark will take over?

Sublet your council flat?

And that is why council properties are like gold dust. People buying them to make a quick buck instead of buying elsewhere and leaving the tenancy for someone else.

And to the pp who suggested subletting....I'm sure that's illegal. If not it's certainly immoral and should be illegal.

@prestatynprlck You said you're craving the stability of owning your own home. That's understandable but right now you have the next best thing to being a homeowner- a secure tenancy for life.

Don't give it up, it would be a mistake to move back to your mother's house.
What if you move back there and house prices rise, meaning you can't afford to buy at all, or you're stuck there for years trying to save enough to buy at the increased price? What if you're not approved for a mortgage for some reason, poor credit rating etc?

Stay in your own secure home and save. If you save enough you can buy in the future, but if for some reason you can't, you have your own little home for life. You'll still have the stability you want plus independence.

They do actually. My friends DD is in a 1 bed flat with 2 kids aged 8
Still on waiting list for a 2 bed

How did you qualify for a council house? I thought they would be impossible for a single person.

OP is in a one bed council flat. A family wont be put in there as it would be overcrowded.