My Lickle Daughter....

they claimed 50k profit no matter what.

Went Wrong ?

The house was a 'bargain'

they had to strip every wall, move walls, rewired, re plastered,they have run out of money months ago. im 10k lesser.

Now what do I do, i told them they were stupid ****s at the time.

The house had a 50k with more than that spent, they did a middle aged thing very early, now its all over.

She is 23 and ruined a beautiful relationship. Such a shame.

Those home makeover programmes on TV make these things look easy i guess

Any chance we could get the sober version?

we've been told for years that unless we do this kind of thing our lives are incomplete

IS.... You should have put your foot down and said don't do it or you would disown her..... Would have saved a lot of grief

^ You should think about penning the 'Chit Chat Guide to Parenting'

MUM.

easy 50k .. these young girls hey

These things happen, it's called life. Their both adults and no need for any more cash from you. Hope your there for a shoulder to cry on.

I've a son, a stepson and a daughter. My stepson is a pain (love him to bits btw), my son asks for nothing but when my daughter shouts jump I ask how high.

I'd probably be like you TBH. Being a Dad has it's pro's and cons

I think they are splitting up, i dont like to ask that dreaded question.

They bought the house last September for 250k, needed renovating, now February they have run out of money and looks like the relationship has hit the rocks. I have already given her 10k, im not going to give her anymore as the house is a pile of crap imo.

I just wish they had bought a newish house for less and lived together, then in 5 or 10 years time move onto a new home, i guess that is life.

what was the purpose of the 10k you "gave" your daughter/them ?

was that to help with the purchase or for repairs ?

It was after the mortgage, he was putting a lot of money into the renovations as he has his own business and is a little bit older, so i felt guilty-ish or i didnt want her too feel unequal.


Funny thing one night i said i think parents should give their offspring money before they die as its pointless when you do die as your kids should be well off by then, her words were, you remember that conversation........yes it was 2 in the morning

You put your foot in it there

Lent my son 150k to buy his own house..he's paying it back £300 per month..should  recoup my loan by the time i reach 113

If you wait till they are divorced they get the lot, but if you give it to them when they are married the spouse gets half.  42% of UK marriages end in divorce so on average they'll get a lot more if they wait.

twizzle you mug

How can I put my foot down now she is 23, i did it during her youth, now she can everything i own !

I was such harsh parent, rules etc and proper punishments, phones taken away and never a tv in her room till she was 16. Bedroom is for sleeping in and no phones were allowed.

No point in sticking it in a savings account coz of the non existent interest rates and couldn't be arsed with the buying and renting malarkey so that's why i did it...and oh yes..almost forgot..he's my son

Not a harsh parent, Sonko, but a good one by the sound of it.

So now im torn between throwing money at crap house that i dont like or being a guarantor.

Leaning towards making her house sellable, her making a loss and learning from it etc.

I dont like the idea of being a guarantor, i only have 3 direct debits and thats 3 too many. Being involved in a 250k agreement scares me.

I have yet to open the email that i sent her last night, basically said i have well over 1k spare after payday each month.

I have invited her to come around on wednesday so we can discuss the options.

My mom kicked me out at 18 how i wish..........

Difficult decision, Sonko.

£250k a step too far as a guarantor.
I'm sure when your daughter thinks it through she'll realise that as well.

without knowing and not wanting to know it depends on what the house is really worth ,thats it in a nutshell.

if it aint worth what they paid for it its not your problem ,they need to knuckle and down and get on with it ,get the thing finished and sell up but walking away from eachother and the house doesnt seem logical.

Send the wife round to sort it out

Thrown Bags after Rental Properties  my Daughters have Lived in ,Deposit ETC  Wish I were in your position Twiz At least they would something to Show for it .... 

The best one is Everytime, I say Sternly "I want that Deposit Back" Year or So l later they are no Better off ..

It aint Happening

NO MORE

One Appears to have settled down with a Bloke Owns his House

Long may it fkin Last

Loving the input.

I agree Ibrahima, it is so nice to hear about the families of chit chatters and their lives. 

I think with the banning of the worst chit chatters we might end up with a decent forum.  Although i do miss the early crazy days, they were hilarious, but then the trolls took over and spoilt it.

Ash Wednesday this week 40 days of abstinence in the desert.

gl

The Sad fact is Annie that most of them were Banned for Comments against a Certain Devout Religious Mob ,that would look upon us as Rsoles

Perhaps we all are in our own ways...

Mind you I would rather being helping my Daughters Financially as to Marrying them off when they were Two ,But maybe that is the way Forward Certainly is Cash wise.

I know, casemoney, you are not allowed to say what you think nowadays

I loathe political correctness and all it stands for.  Whatever happened to freedom of speech?

they took it away to protect us

No more hero's anymore

they took it away to protect us

That is so sad, breadnbutter

Bigots like casemoney would be better off if they were muslims

Or Perhaps an Idiot Like You

I was expecting more abuse on this fred tbf.

After Donny recently attacked me and joking about this fred and got some +++, i thought our rivalry was football only, it really upset me when donny thought me and my daughter are some sort of joke.

Maybe i should not had started this fred, or titled it differently.

I will not take an apology from Donny, even thou i like him.

Update

Im being asked to sign something, for her mortgage. This isnt supposed to happen.

.
https://youtu.be/Z5fAWpv_axs?t=29

why would i apologise ?

Ibrahima, be very careful.  They sound like they do not know what they are doing. 

I bought and sold properties for many years and made a good living from it.  But is is not just a case of tarting up a property you have to add value too.  I bought properties that I could add rooms to i.e.  a studio flat into a one bedroom flat, a two bedroom house into a four bedroom house, a one bedroom flat into a three bedroom flat etc etc. You really also need your own electrician, plumber and multi tradesman who you use again and again. I don't mean employ them, although I did pay the mutli tradesman by the hour, but get a self employed person and pay by the job, having got loads of quotes first.

It sounds like they are making you a guarantor possibly.  I think if you are putting money into it you must be a joint owner, especially as they are not married.

Surely if their relationship's on the rocks you should be very careful , also do they both have good secure jobs & are they serious
Has the value of the house actually taken a loss (when did they buy) or is it just more work needed to make it mortgageable