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Buying Privately

  • 16-02-2020 06:56PM
    #1
    Daveone
    Registered Users, Registered Users 2 Posts: 32 ✭


    I am in the early stages of buying a property from my partner's family. When buying private, does one still go through a solicitor? Or what are the other differences in a private sale.

    They are family, and the risk of dodginess is as low as it could be. We will be taking a mortgage as part of the purchase, and are both first time buyers

    Any advice would be seriously appreciated :)

    D
    Tagged:


Comments

  • #2
    wench
    Registered Users, Registered Users 2 Posts: 1,691 ✭✭✭wench


    Both sides will need their own solicitors.
    The only real difference should be the lack of an estate agent.


  • #3
    Zagato
    Registered Users, Registered Users 2 Posts: 1,775 ✭✭✭Zagato


    Both sides should have their own independent solicitor I would have thought, certainly I did when doing something similar. There is still conveyance to be done.


  • #4
    Wildly Boaring
    Registered Users, Registered Users 2 Posts: 3,772 ✭✭✭Wildly Boaring


    Deffo your own solicitor.

    Your own engineer if you want and blame the bank "ah yeah it's a formality for drawdown."

    Nice position to be in if you know the property


  • #5
    [Deleted User]
    Posts: 5,249 ✭✭✭ [Deleted User]


    Will the bank want a valuation too?
    I would presume so.


  • #6
    Daveone
    Registered Users, Registered Users 2 Posts: 32 ✭Daveone


    Super, thanks everyone!


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