Fruitbat
Master Don Juan
- Joined
- May 3, 2013
- Messages
- 3,019
- Reaction score
- 2,141
My sister never earned much money but also never stuck at a job very long and always went for jobs she enjoyed rather than the corporate slavery I’ve had.
She’s consequently not got enough for a house deposit. She’s had a lucky windfall of some money but thinks she needs another £15000 to get over the line.
she’s already had FAR more off my parents which was directly out of the property we will inherent. So it’s kind of from me indirectly.
she has got enough for a small flat. But she wants a forever house.
some points around this:
- I sat down with her about 7 years ago and looked at her finances and explained the tax breaks to savers . I suggested that she forego annual holidays and sky subscription and eat out less (I had to do all of this to get a deposit) She’s done none of it. she even said once with scorn “all of your ideas are just saving into an account”. Yes, that’s what I did. That kind of pissed me off.
- I’ve suggested that she just gets a smaller place in a poor area first and the trade up. She doesn’t seem keen.
She knows I have equity in my house and I do, but I have a family to support and I am not prepared to start taking on large loans against it.
she’s older than me and we see each other infrequently. It’s not like we are that close
tell me that I’m not being an a$$hole. If she came to me and said “we’ve saved £7k can you add £7k” I might consider it.
Knowing my sister, I have doubts she would fully repay it. Yet I’m caught feeling guilty.
She’s consequently not got enough for a house deposit. She’s had a lucky windfall of some money but thinks she needs another £15000 to get over the line.
she’s already had FAR more off my parents which was directly out of the property we will inherent. So it’s kind of from me indirectly.
she has got enough for a small flat. But she wants a forever house.
some points around this:
- I sat down with her about 7 years ago and looked at her finances and explained the tax breaks to savers . I suggested that she forego annual holidays and sky subscription and eat out less (I had to do all of this to get a deposit) She’s done none of it. she even said once with scorn “all of your ideas are just saving into an account”. Yes, that’s what I did. That kind of pissed me off.
- I’ve suggested that she just gets a smaller place in a poor area first and the trade up. She doesn’t seem keen.
She knows I have equity in my house and I do, but I have a family to support and I am not prepared to start taking on large loans against it.
she’s older than me and we see each other infrequently. It’s not like we are that close
tell me that I’m not being an a$$hole. If she came to me and said “we’ve saved £7k can you add £7k” I might consider it.
Knowing my sister, I have doubts she would fully repay it. Yet I’m caught feeling guilty.
