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Buying Privately

Daveone · 2020-02-16 18:56:55

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…

16-02-2020 7:56pm

#1
Daveone

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Posts: 18
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:

buying a house

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Comments

#2 16-02-2020 7:58pm

wench

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

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#3 16-02-2020 8:00pm

Zagato

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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.

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#4 16-02-2020 8:02pm

Wildly Boaring

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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

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#5 16-02-2020 8:05pm

[Deleted User]
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Will the bank want a valuation too?
I would presume so.

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#6 16-02-2020 8:20pm

Daveone

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Super, thanks everyone!

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