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Options to buy??

  • 04-02-2018 10:20pm
    #1
    Registered Users, Registered Users 2 Posts: 46


    Hi my wife's grandfather has a second house that he is interested in selling.

    We currently have a small deposit but we were wondering would it be another option to say go to a solicitor and do up a legally binding agreement that we pay x amount a month for x amount of months/years till the deed then automatically signs over to us??

    Is this a viable option or would we be better off saving for another year and hopefully get a mortgage for the property?

    Thanks in advance for any information.

    Mods feel free to move if in wrong sub.


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