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Landlord Discussion[ Contents | Search | Post | Reply | Next | Previous | Up ] Another Sitting Tenant ProblemFrom: Sarah S CommentsHi I have been reading all the great information on here and found it really useful. I inherited a property which has had sitting tenants in it for about 75 years (true I promise!) The house has no mortgage on it and I receive a meagre rent for it which is a lot less than I pay for my rent! Anyway I have a slightly unsusual problem at the minute - I was made redundant last year so went to claim Job Seekers Allowance and I have been turned down because they say I have savings of over £8000 - I dont actually have any savings but they are looking at my property value. They cant seem to get their heads around the fact that I am limited as to what I can do with the house I own; as I do not wish to sell it as I know the value would be halved. Just wondered if anyone had any thoughts/advice? Last changed: July 01, 2003 |
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