Hi everyone,
The border lockdowns etc has left my industry reeling, and now I find I’m unemployed and in need of government assistance so I applied for an scheme, national rental affordability scheme ( NRAS )
In order to qualify a single person may have upto 120k which I don’t have but no residential vacant land which I do have.
Now I really need this NRAS, as my current lease is not up for renewal and as I’m now on jobseeker allowance I don’t meet a threshold of income to rental ratio without it and thusly am in boarding house territory, this is very alarming.
So my question is with out selling the property to a buyer is there a way I can gift it or sell it with little to no money changing hands as don’t have any.
I do have a 19 yo nephew who can hold it until I can build on it and 2 other nephews who have a trust set up for them ( from an deceased Estate )
I just need to divest myself of my vacant
land in order to find a place to live.
The border lockdowns etc has left my industry reeling, and now I find I’m unemployed and in need of government assistance so I applied for an scheme, national rental affordability scheme ( NRAS )
In order to qualify a single person may have upto 120k which I don’t have but no residential vacant land which I do have.
Now I really need this NRAS, as my current lease is not up for renewal and as I’m now on jobseeker allowance I don’t meet a threshold of income to rental ratio without it and thusly am in boarding house territory, this is very alarming.
So my question is with out selling the property to a buyer is there a way I can gift it or sell it with little to no money changing hands as don’t have any.
I do have a 19 yo nephew who can hold it until I can build on it and 2 other nephews who have a trust set up for them ( from an deceased Estate )
I just need to divest myself of my vacant
land in order to find a place to live.