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Person Wants to Rent then Buy My House

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Comments

  • flea72
    flea72 Posts: 5,392 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    weapon90 wrote: »
    Wow, cheers guys its fantastic having a board like this where sound advice like this can be gleaned. Daft question but hows about if they made an offer with a mortgage in principle and I accept it can they then move in and pay me rent until completion? At least it then proves they have intent and are credit worthy, or am I just totally naive?

    Totally naive. If they live in a house they dnt own, they are tenants. All the same stuff said above applies, whether they have a mortgage offer or not

    Dont even contemplate it, or be bullied into it
  • weapon90
    weapon90 Posts: 41 Forumite
    Ok thanks guys, great advice. Could well be innocent but could likely be a scam
  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    An AIP is no guarantee they'll be accepted for a mortgage. By all means take the property off the market but don't let them move in.

    Even with a periodic tenancy you can't evict for the first 6 months anyway (can't remember why).

    It might not be a scam but has the potential to get very messy.
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