Would you let a new man buy you a house?

[Boxjumpers918]

My sister is in a new relationship. He's a wealthy man, no kids. She has 2 DC and is living in a housing association property. They've been together about 8 months. She spends 99% of her time at his house, as do her DC.

He's asked her to move in with her, as an insurance he's going to buy her a house to rent out. If things don't work out she's got a property to move into, fully paid for, in her name.

She's very excited about the whole thing. I'm not sure what to make of it. Any thoughts?

Well only if she’s involved in all the paperwork and he pays for her to have a proper solicitor

Bet he won’t. And will keep dangling the house idea in front of her.

As PP have said landlording is also becoming increasingly regulated and expensive. Many LL’s are selling up. Can she afford the costs of managing a property

Red flags all over this. I think it's odd that anyone would spend (presumably?) £200k+ on someone they've known for 8 months.

There's got to be an ulterior motive. My initial thoughts are he's using her name to commit some sort of fraud, hiding/disposing of assets by buying this property in her name.

If it goes ahead, I wouldn't be surprised if the address is used by him and post starts arriving in his name/company names. Fraudsters are professionals at what they do and the system is full of floors and loopholes which they take advantage of every single day.

Once your sister has an identity at this address (name and address is enough, even if she doesn't actually live there) he can do all sorts. Open companies in her name, shell companies, forge her signature. She'd he none the wiser if she doesn't actually live at or access the property.

Dodgy as if you ask me given how long they've known each other.

Buying a house takes months to go through. She should not give up HA property or move in with him until completion on this house he is buying her.

Well it will take a while to find and complete on the purchase of the house, so I suppose she'll have known him a year before she moves in because she wouldn't move in and give up her house before the deal is signed and delivered, would she.....?

It's still too soon, too good to be true etc, but worse if it's a promise of something after the event.

Thing is if he'd genuine and in love with her, he's buying her a house in HER NAME which will be a shared asset once they're married. It'll generate an income if rented out into the shared pot / her contribution to the finances. Assuming it is actually in her name, he's the only one to lose out.

However my concern would be if it doesn't work out and your sis wants to leave, his this as leverage (I brought you a HOUSE and you're leaving me because I snogged Stacey / hot you once / am generally a dick to live with).

I'd also be concerned that whilst he genuinely loves her that much, that it's intentionally or otherwise designed to rush her into a decision she wouldn't otherwise make.

Would she say yes without the house? If not, why not?

Talk is cheap, so l would only believe it once it was all legally finalised, it does seem very rushed, eight months is no time. It could be that he is infact covering his own back should the relationship break down, because he would be at risk of having to move out maybe ? Or she could turn around and say l can' t leave as l have nowhere to go. You don' t know whats one on before, l would imagine there is another reason behind this, not him just being very generous, but l could be wrong, maybe she has struck gold.

Sounds too good to be true...

Does she know his friends and family? What do they do together? How did they meet? I'm just wondering what a full on relationship between a wealthy man and a single mother in a HA house looks like.

I too would be wary of him committing some kind of fraud or moneylaundering in her name.

Sorry to think the worst but I would not give up HA property either. She will never get it back and if relationship goes pear shaped she will be very stuck.

On a different note is there Right to Acquire on her tenancy? If he is that keen he could offer her to money to buy the property she is already in?

No way. Not after eight months and with children involved. She'd be mad to risk her tenancy.

I wouldn't move in until I had a house in my name and I would want proof that it was just in my name, even by a solicitor.

I met my husband, we got engaged six weeks later and I moved in about six months after that to a rented flat (his wife had his old house) then we bought a house together (I paid the deposit, he took out and paid the mortgage, we owned it jointly). We married as soon as his divorce was final (he had been separated for nine months and divorce proceedings well under way when I met him). He earned 20x what I did.
By many peoples take on here he was love bombing and out for something.... what? Me. We were happy had two kids when sadly he passed away. Not every man is a con artist.

What does that have to do with this situation though, where he is buying her a house as a gift. Not a place for them to live together, a house, for her, as a present.

So her options are:
-stay where she is
-move in with him without him buying her a house
-move in with him and let him buy her a house

In her position I would take the last option. She’s a single mum living in a housing association house, she hasn’t got an endless amount of options to pick from. If you aren’t in her shoes then you can’t judge. 8 months when you’re a mature adult isn’t a “new” relationship in my opinion.

They wouldn’t. Is the obvious answer. However saying you are going to is a good way to keep someone on the hook…

If there are any rich men here who want to buy me a spare house, please don't hesitate.

Sorry for your loss. I totally agree not every man is a con artist. Some are genuinely nice and more than happy to be generous with their money.

Well, it's either generous or weird or both! I would only move out of my house if the house he said he was going to buy me was actually bought. It would also need to be paid for outright with no mortgage. It's all sounds a bit quick too

I'm a cynic at heart. 1) you don't think your DSis is that great, you haven't said it but it's implied and you know her better than people here. 2) If it's too good to be true, it probably is. 3) I've heard of pedophiles doing that... they go in, swoop the mother off her feet, shower her in $$ and they get so blind, they lower their guard. 4) if he's kosher, why not pay her rent for a while, see how that goes and then move in together? She has children and it's only been 8 months. A house is too big a gift to give to sb you've only known for 8 months, unless he's loaded and if that's the case, there should be a million other sexy, drop-dead gorgeous young women (without kids) throwing thelmselves at him.

Yes. I'd agree on condition it was all checked out legally.

can she afford to take in any mortgage on the house if it all goes wrong?

He is very obviously trying to avoid marrying her.

Think about it- if he marries her she will get roughly half.

If he buys her an average uk house, that's £300k, likely to be far far less than half his assets.

He is hedging his bets.

Up to her whether she wants to go for it but id be seeking independent legal advice about the situation if I were her. Get a proper cohabitation agreement in place.

Plus she needs to think about whether she wants to be with someone who sees relationships as transactional.

If he’s buying her the house then there won’t be any mortgage.

This in spades ^^^^

Gateway to control and abuse I think

My children wouldn't have met a boyfriend of eight months more than a couple of times, so no, absolutely not.