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1 reply

ellabellaboo7 · 17/06/2024 00:31

I am a first time buyer wanting to buy a house from a close family member who is offering it to me at less than half of its value. The house is in great condition and I have had a valuation to confirm it is valued at way higher than I'd be buying it for. Is there anything different that I'd have to do or would it just be the case of securing a mortgage the normal way if I was to buy a house that wouldn't be bought privately or at a big discount?

OP posts:
Twiglets1 · 17/06/2024 06:52

You will need to get a mortgage in the normal way and also get a survey to check there are no hidden problems with the house and also employ a solicitor to act on your behalf re buying the property.

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