LISA with Private Mortgage

eskbanker

Usedname said:

Green_hopeful said:

Yes it worked. Legal mortgage all signed up and registered with the land registry. The solicitor sorted it out, but I had checked online first. I can’t remember where I found the answer but I suspect just on a government website. I think the mortgage had to have an interest payment as part of the legal requirements for it to be a mortgage but we just used a nominal amount. The tricky thing was getting the last bit of the bonus through because he bought in June and it takes a while to get it added but it was fine in the end. 

I am finding myself in a similar situation, but no local solicitors seem to deal with private mortgages. In the off-chance that you still remember, who you be happy to share the firm/solicitor that did yours, and how much they charged?

As per the 2024 posts above, the private mortgage route is no longer an option, so posts from 2022 are no longer relevant.