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Buying a tenanted house from a landlord to move into.

GKIM · 2017-05-04 09:27:20

Hi Folks, I'm after a little advice please. My partner and I are buying a house from a family friend. We have had the survey done, got the mortgage offer and filled out all of the initial paperwork for each of our conveyancers.. The house is privately rented at the moment and the tenant's lease expired at the end of April.…

Comments

saajan_12 Posts: 5,146 Forumite

4 May 2017 at 6:47PM

saajan_12 wrote: »

Technically it is the vendor's problem for failing to give you vacant possession if the tenant's don't leave.

sparky130a wrote: »

Not really. And any lender certainly wouldn't see it that way.

Yes really, if the property still has people living and chattels in the property on completion, then the vendor is in breach of the contract with the buyer for failing to provide vacant possession. Nothing to do with the lender, their funds can be returned. The vendor would be liable for losses owing to their breach, not the other way.

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