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Buying from a relative
Any advice is appreciated.
Comments
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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.4 -
If you need a mortgage then you will have to involve solicitors.
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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).2
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The mortgage provider will also want a survey - Most likely a desktop jobbie primarily to get a valuation.Slithery said: If you need a mortgage then you will have to involve solicitors.
Any language construct that forces such insanity in this case should be abandoned without regrets. –
Erik Aronesty, 2014
Treasure the moments that you have. Savour them for as long as you can for they will never come back again.2 -
Worth following all the usual procedures solicitors and surveyors etc to prevent problems in the future.2
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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!)3
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