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DIY House Selling
mjb71
Posts: 15 Forumite
My mate wants to buy my house. We have agreed a price. What do we do next?
Obviously I don't want to use an estate agent.
Cheers
Obviously I don't want to use an estate agent.
Cheers
0
Comments
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The way it works in Scotland is that any offer, either verbal or written, and acceptance, either verbal or written is binding. I would think that the next step would be to get your mate to contact his solicitor and have the offer put in writing to you (usually through your solicitor), for you to accept formally.
It is a bit of a pain that you have to involve solicitors as this still ups your fees but at least they are down by not using estate agents etc in the first place. The solicitor will be able to advise you better from there on.
Oh - prior to the written offer thing via solicitor, I would get them to make sure that they can get a mortgage lined up for it as obviously there would be no much point if they cannot get funding for the purchase price......."Life may not always be the party you wish for, but whilst here you may aswell dance"!!!
Murphy's NMPC Memb No 239! Dippychick's De-clutter club Member No 6! - onto room no 2!
My Avatar? Arnie and Casey, proud parents to Storm and Tsu born 19/01/2009!!! - both now in new homes and called Murron and Burger!0 -
Thanks.
He's got the ok for the mortgage, I just wondered if the next step was a solicitor and if we needed anything else.
Cheers0
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