Keeping the marital home
After her husband died more than 25 years ago, Elaine, now in her 90s, moved in with her son, Tony. She did not want to sell her marital home, but the increasing financial struggle made it difficult to maintain upkeep of the home.
As she was unable to fund and complete repairs within the statutory four week notice of a compulsory purchase order (CPO), Elaine would have been forced to sell the property. Rather than issue the CPO, the local authority introduced her to London Rebuilding Society.
If London Rebuilding Society didn’t intervene there would have been a compulsory purchase order. Given the order, in four weeks we would have had to find the builders who would do the works, see how much it would cost, we would have had to get a loan, which was impossible as we had nothing in the bank.
How we helped
London Rebuilding Society funded the work and project managed the complete refurbishment of the house. The home is now rented out, with the income covering the loan repayments, and the value of the building has increased.
Working with London Rebuilding Society has been a real pleasure. I am satisfied with all you have done. Yes, I really am. It’s been very pleasant. I’ve said to Tony and to the neighbours that I couldn’t have wished for more. You know your job, you know what you’re doing. It’s about trust.
- room before work
- completed room