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Buying from a relative

Looking for some advice please, sorry if this is the wrong place. I'm currently renting the property that I'd like to buy, from a family member. If my mortgage application is approved would I need solicitors and surveyors to be involved or is it possible for us to proceed without them? 
Any advice is appreciated. 

Comments

  • Emmia
    Emmia Posts: 7,553
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    In terms of the cost of the property, the solicitors / conveyancers fee is a tiny percentage and will ensure the process is done correctly.

    Have you or your relative done the transfer of a property before? Are either of you a solicitor? If not and for what is probably one of the biggest purchases of your life I'd get a professional.
  • Slithery
    Slithery Posts: 6,046
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    If you need a mortgage then you will have to involve solicitors.
  • user1977
    user1977 Posts: 20,017
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    In any event, your mortgage lender will need a solicitor, so going without one isn't really an option unless you were a cash buyer (and knew what what you were doing). 
  • FreeBear
    FreeBear Posts: 18,908
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    Slithery said: If you need a mortgage then you will have to involve solicitors.
    The mortgage provider will also want a survey - Most likely a desktop jobbie primarily to get a valuation.
    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

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  • london21
    london21 Posts: 2,252
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    Worth following all the usual procedures solicitors and surveyors etc to prevent problems in the future. 
  • TBagpuss
    TBagpuss Posts: 11,237
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    As others have said, if you are buying with a mortgage you will need to use solicitors and to have a valuation , as the lender will require it.

    Even if you are living in the property and buying from family it would be sensible to get a proper survey so you know what you are getting into.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
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