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Buying first home with LISA but tenant in situ
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Using a LISA is irrelevant, but buying with a normal residential mortgage isn't , as the mortgage company will insist on vacant possession on completion.GrumpyDil said:Using a LISA to purchase the property is irrelevant.0 -
Whatever you do, do not buy the property with a tenant in situ.leightonr said:I am buying for my first home and I intend to move in asap but there is a tenant in situ.
Getting rid of the tenant is not your problem. You should be purchasing on the basis of vacant possession. You should insist that the tenant is gone before you go too far down the conveyancing process.leightonr said:Is it possible to do a "cash for keys" deal with the tenant that is linked to exchange of contracts?0
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