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Buying from a landlord

Hi All.

We currently rent from a private landlord who is now looking to sell and we are in a position to purchase a house. We're thinking of buying the house we're in from the landlord but were wondering if anyone has any experience of doing this ?

My key questions are:
  • Should we use an agent ?
  • If we don't use an agent, how would we go about doing this ?
  • How much below the asking price for a quick sale would be reasonable (without being cheeky) ?
Thanks in advance for any help.

Comments

  • ManicMum
    ManicMum Posts: 845 Forumite
    Hello

    whether there is an agent involved will be down to the landlord.

    as for how much to offer for quick sale. do they want a quick sale? I would knock off at least the costs of the agent, and then some more - it's a buyer's market after all. If they say no, hang in there. You're not going anywhere and they may get tired of trying to flog it!

    It depends on lots of things - local area, which part of UK, schools , near a station, good/bad area etc etc. just do as much research as poss.
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