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[Ask an expert] - Right to Buy / Council


DaBouncer

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It's not profit she's after, just enough to buy another place a little nicer.

I.e. Sell that house for say £80k and buy a flat up say Sothall for the same price. OK it's a downgrade from a house to a flat, but she only needs a flat AND it's in a nice safe environment (chav free).

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I know she's not looking to make a profit on the sale, but she needs to make enough money out of it to be able to afford the flat or where ever. So if house prices in Gleadless drop, and she only gets £60k, but the flat she wants is £70k, she'll be short.

 

Then again, the worse that can happen is she has to stay in Gleadless for a bit longer, so she's not going to be any worse off.

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