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buying a property from a relative
phil100271
Posts: 2 Newbie
what would be involved in buying a house from my in-laws. would there be any legal implications?
0
Comments
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Are you paying market value? if you are buying it from them at a good discount (below market value) then it will affect your mortgage so you would need to check that with your lender.
CC debt at 8/7/13 - £12,186.17
Barclaycard £11,027.58
Halifax £1,158.59
5 year plan to live unsecured debt free and move home0 -
if we were just buying the house from them, but then allowing them to live there & pay rent, would this affect our mortgage, what if we got another mortgage to pay for their house?0
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