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Selling Home To Family Member

My in-laws are moving to the country for the first time and want to purchase our home. This suites well with us as we were planning on moving to a bigger house soon. I am not sure how to get this process started however. Since we already have a buyer, seller, agreed price, etc I don't think we need a real estate agent. I don't think we need a contract or lawyer either. Do I just pay off the mortgage(they have the cash to buy us out without financing) and then go down to the county to have the title transferred to their name?

Comments

  • magyar
    magyar Posts: 18,909 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You don't need an estate agent, but since you have a mortgage, you will need to go via a solicitor. (Technically you could possibly do it without one, but I'd recommend against it).
    Says James, in my opinion, there's nothing in this world
    Beats a '52 Vincent and a red headed girl
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