jimidriscoll
Joined: 30 Oct 2012
Posts: 10
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 Posted: Tue Oct 30, 2012 7:28 am Post subject: Buying a house from a relative |
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Hi there
I live in a house which i rent off my father in-law and i want to look at buying it off him. I've had the house valued and it is worth around 250k, after getting some mortgage quotes i can't get the full amount i need. My idea is to offer a sum of 150k and pay the remainder off in installments in an allotted time. My questions are would i need an estate agent, sollicitors, surveys for a mortgage and can anybody see any problems with my idea.
many thanks
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