is this do-able? sell house without solicitor to a friend

nicaly1

Out,_Vile_Jelly wrote: »

Sorry- I think I was confusing your post with another I read this morning. I too am not a millionaire! LOL

Have you investigated the cost of putting it up for auction? What about advertising it to local property developers- they might cover the legal costs and be familiar with this situation?

yes this is another option am looking at, just considering easiest least stressful route at moment - it will cost some money to get it into a condition for auction though as literally even auctioneers would refuse to list at moment its that bad - but I appreciate you taking time to reply thank you

dannim12345

I don't think I would risk it without a solicitor, too many things could go wrong.

I'd look into auction or selling it outright (with some agreement they pay your legal costs...)

Annie1960

Ask your friend to pay for the solicitor. If he is getting your house free, it is the least he can do.

SailorSam

I've both bought and sold houses in the past while doing my own conveyancing, so bypassed the need for Solicitors. But 'cos i was buying with a mortgage i still had to pay for the Abbey National solicitor. If your friend isn't getting a mortgage he shouldn't even need that.
I think in your case the way i'd go is contact the Land Registry and fill in the necessary forms to add his name so you're joint owners.
I think you're still taking a chance if for any reason you both fell out.

DigForVictory

I'm sure it's doable. Not sold it's wise.
Just how much do you value the friendship?

No messing councils can be stressful but that isn't a good reason to barrel on without sensible legal advice.

As has been suggested, ask your friend to pay for the paperwork - as it is in both your interests to have it done once, right & thoroughly.

Owain_Moneysaver

nicaly1 wrote: »

yes this is another option am looking at, just considering easiest least stressful route at moment - it will cost some money to get it into a condition for auction though as literally even auctioneers would refuse to list at moment its that bad

I've seen auctioneers list property that's so bad it's unsafe to even go inside it, and the only photo is the outside.

If your friend is getting a free house then he should certainly pay your legal costs at least. But if he can't afford to pay you anything for the house how can he afford to do the work required? Or is he going to sell it on in the same state and keep the profit, which could easily be yours.

lincroft1710

Owain_Moneysaver wrote: »

I've seen auctioneers list property that's so bad it's unsafe to even go inside it, and the only photo is the outside.

If your friend is getting a free house then he should certainly pay your legal costs at least. But if he can't afford to pay you anything for the house how can he afford to do the work required? Or is he going to sell it on in the same state and keep the profit, which could easily be yours.

The above points are worth noting.

Auctioneers will sell property in any condition, it's a well used route for disposing of "awkward" property.

You do need a solicitor, this is not a straight forward transaction.

nicaly1

I will consider everyone's advice, I'm looking at all my options available at moment


I'm actually in a bit of shock at the moment in the last 15 mins I have just googled my address to find that it is listed on a report by the council along with about 20 other properties in the area that they want granted a CPO (compulsory purchase order) in 2015 because they are all long term empty properties, the report was dated Nov 2014.


I'm not sure how this will affect me yet as the council have not discussed /contacted/corresponded with at all about them doing this even though I have been in regular contact with them and particularly the woman whose name is on the report, so looks like call to the council in the morning

nicaly1

Owain_Moneysaver wrote: »

I've seen auctioneers list property that's so bad it's unsafe to even go inside it, and the only photo is the outside.

If your friend is getting a free house then he should certainly pay your legal costs at least. But if he can't afford to pay you anything for the house how can he afford to do the work required? Or is he going to sell it on in the same state and keep the profit, which could easily be yours.

he isn't getting a free house as I suggested this all to him as an idea, so I can get council off my back re improvement notices I'm at risk of getting served with again and I cannot afford to go to court again, whereas he would be left alone as a new owner for I reckon 6 months or so to do the work.

I would also have drawn up a deed of trust so that first xx amount of sale would go to me with remainder to split 50/50 he cant afford to pay me market value for the house (40k and also renovate it but he has enough to renovate it (which is about £15k to renovate) I cant get the money together fast enough for the councils timescales that they want me to do property up in which is 6 months, it will be easily over 12 months before I have enough money to start work on it, in which time I will probably be taken to court again and fined again and then I will have to pay fine off which is again using money that be could be put towards renovating this has happened twice now over last 3 years.


its such a mess, and all I want now is to try and balance what I put into property against what I can get back potentially, ie I would rather spend £3k to get £50k at auction than £15k just to get £100k in a normal traditional house sale.

thanks for taking time to read and reply