Involuntary homelessness and savings

[Dahlia22]

Hi All,

Unfortunately, I have to vacate my house soon as I received bailiffs letter. So my council (hillingdon) is aware of the situation and they have asked financial details from me. Me and my partner have around 24k in our savings and around 13k in credit card debt. So now the case worker got back to me and said that they don’t think they can help me with my case as I have savings.

I’m not so sure how they want us to find a rental property with 45k annual income. My husband only works as I’m unwell.

When assessing our case wouldn’t they take our credit card debit into account?

the reason I have saved is to help my son get a small property once he finishes uni

im so worried now, as where I and my children will go now?

Dhalia

Is there a reason you want to allocate all of your savings to your son? What about your daughter?

Pay your debts, apply for PIP if you are too ill to work

I've just helped my pal sort her finances. She works full time, is on 40k and has £164 in savings. To put yours into perspective

Sorry my mistake

The flat we planned to buy them would have been under my son’s name because it would take a couple more years for my daughter to join the workforce, but it’s meant to be for the both of them

After hearing all of the advices that’s what I’m planning now to do. Those who gave constructive advice, I thank you all.

And the rest, please grow up. People are here for advice and not to be made fun of. I really hope none of you get into this situation as live is hard as it is

Here's a few examples OP at that £1750 kind of level -

If one is at uni - then I think a spare room hanging around for him/her is a luxury you can't really have at moment - they get the sofa bed- or your room when home and you have the sofa bed?
I've no idea what areas you need to be, so these are just suggestions- but there are things out there - getting one that will let you do a 6 months let initially and down in full will be key. Have you applied for pip by the way if unable to work - it's not family income dependent

www.rightmove.co.uk/properties/144614975#/?channel=RES_LET

www.rightmove.co.uk/properties/144683579

www.rightmove.co.uk/properties/143733632#/?channel=RES_LET

@Dahlia22 and I have every sympathy- your kids wouldn't want you homeless because you wanted to help them out- they will understand. And yep anyone being judgemental can do one .

I don't think people being judgmental about the op being ill or losing her home. That must be incredibly difficult and you have my sympathies. It's that you said you want to gift your savings to your child for property and expect help from the local authority. They only way they get money is from people paying taxes, so you are asking people who may have far less than you to give you money when you already have savings. I doubt I know many people who have thousands to give to grown up children, I certainly don't.

On the other hand, you should absolutely be applying for pip if you are too ill to work. It's what it is there for and may really help you out. Most people don't have any issues with society supporting disabled people who need it.

As your eldest is already at uni, you can also consider 2 beds. With a sofa bed, she could sleep in the living room when home. Or your husband swaps to share with your son when she is home amd she shares with you. Not ideal, but could allow you to stay for long enough to have A levels done and then move somewhere cheaper. By then you would hopefully have the pip sorted and have a better income for renting.

I think you're going to need to use your savings, look for a 2 bed and your and your husband/partner sleep in the living room. Or move further out. Unfortunately as adults we need to make choices we don't want to sometimes.

I'm not sure why you'd buy your son a flat when you don't own your own house? How is that going to work?

Ok so you might struggle getting them to sign you up for a two bed. In which case you either need to keep trawling for landlords who aren't working through an agency and offer a lump sum up front, or look at where you can afford to live.
Of course it would be lovely to buy the kids their own properties, but not at the expense of their home now and your security

I don't think you would struggle to get a 2 bedder- just put it down as yourselves plus 16 year old. Other child is more of a 'visitor' if they are away much of the time