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buying house with squatters

theboynextdoor
theboynextdoor Posts: 1 Newbie
edited 4 June 2009 at 11:37PM in House buying, renting & selling
Hi all

My best friend and his fiance are just about to get on the property ladde

Comments

  • Hippychick
    Hippychick Posts: 738 Forumite
    edited 11 April 2009 at 6:25PM
    Your friends solicitor should ensure that the property is sold with vacant possession on completion. The seller should evict them first before you complete otherwise he will be in breach of a normal conveyancing contract. The contracts can be altered to remove the vacant possession clause but I would not accept this, too much hassle, imagine if the court eviction fees are extremely costly and who is to say what damage they will cause to the property. Would not touch that agreement with a barge pole.

    I certainly would not exchange contracts until they had been evicted. Once they are gone your friends should also check over the condition of the property first to satisfy themselves before they enter into a legally binding contract.


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  • RobertoMoir
    RobertoMoir Posts: 3,458 Forumite
    Part of the Furniture Combo Breaker
    Hi all

    My best friend and his fiance are just about to get on the property ladder, all was fine EXCEPT when the solicitor of other party told them squatters were / are residing in property. They have been offered a discount to buy the property as it is (no money or contracts signed at this stage) BUT is this allowed? So they (my friend) would have to evict squatters after he has bought it.
    He also has another property in mind so is considering that, they have been given this option as an elderley man is selling the property to move into care home and he does not want the hassle and lenghty time process of evicting. Would be grateful for any input.

    Are you serious? You say "the solicitor of other party told them..." - uh didn't your friend notice the squatters when they looked at the house?

    Don't touch with a barge pole is my advice.
    If you don't stand for something, you'll fall for anything
  • Old_Git
    Old_Git Posts: 4,751 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Cashback Cashier
    who knows what amount off damage squaters could cause before they are evicted .
    Eaxmple squater decided to flood the house or set it on fire ,no insurance will ever pay out .
    "Do not regret growing older, it's a privilege denied to many"
  • spalding
    spalding Posts: 925 Forumite
    Might be small damage now but who knows hat could be caused on the way out and a costly lenghty legal fight seems a very hard start to getting on the property ladder
  • Dont touch with a bargepole until they are out & even if your hear its clear go there & be in the property & on the phone to your solictior before & during the completion, preferably with a builder who can give instant quotes & whack 20% onto his prices (without telling the builder) ...


    "does not want the hassle and lenghty time process of evicting" MY A***!
    Not Again
  • Dont touch with a bargepole until they are out & even if your hear its clear go there & be in the property & on the phone to your solictior before & during the completion, preferably with a builder who can give instant quotes & whack 20% onto his prices (without telling the builder) ...


    "does not want the hassle and lenghty time process of evicting" MY A***!
    Are you saying the buyer should rip the old man off for 20% extra ???
    Wow, I got 3 *, when did that happen :j:T:p
    It is not illegal to open another persons mail unless you intend to commit fraud - this is frequently incorrectly posted:)
    I live in my head - I find it's safer there:p
  • Voyager2002
    Voyager2002 Posts: 16,052 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What's the problem? At least your friends would have good company when they moved in: far better to share space with squatters than with Yuppies.
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