Where can I find financial advice - Dad is broke

[AbitSceptical]

Hello,

My Dad is 78 and has no money. He rents a property and is in arrears - the only reason he hasn't been evicted is because he is a protected tenant.

He owns a piece of land in the midlands which is worth about £30K - he's been trying to get planning permission on it for about 8 years, has invested about £100K in trying to do so, so he won't sell it.

If the planning comes through the land will be worth about £300K, enough to possibly buy a retirement flat... but he won't do that. He wants to build houses on the plots and sell them one by one.

We've been hoping that he can get the pp, but time and money are running out.

He hasn't enough to live on - he gets about £10K a year state pension, but that isn't enough to cover his rent (£950 per month).

He is very stubborn and won't take advice from anyone, least of all his children. He lives alone and has no friends (his choice). He is probably depressed and has alluded to suicide.

What can I do?

Exactly what @SpongeBobJudgeyPants Even if he gotPP he would be unlikely to make any money on the builds anyway. I'd suggest he puts the land into auction and see if someone else fancies a go.

If he is made homeless would he perhaps be eligible for council sheltered accomodation.

I think just give your dh a kiss for being a sensible barrier to having him to live with you. It was only my husband who made me see that I didn't have to give my dad money for his get rich quick schemes.

My dad was caught up with scammers for years - they were still texting him when he was in hospital with his final illness. They flattered him and treated him as a 'business partner' when nobody else would, so I'd agree with the pp who said his identity is the core of this.

I'm afraid I have zero advice about this except to keep your resources well protected from him. Has he asked for your advice? Because nothing we ever said to my dad made the slightest difference, but I'm still glad that we said it.