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buying through third party

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  • buying through third party

    A flat above us has come up for sale (terraced property - leasehold) and we are considering purchasing and knocking it into ours.
    Unfortunately the seller is well aware we want the flat and wants a premium for it and is becoming more unreasonable about us buying it because of this.
    Is there any way we could purchase the property through a third party (or even friends/family) so the seller doesn't realise its us? The purchase would be funded by a mixture of remortgage and cash deposit.

  • #2
    Think this is definitely worth having a chat with a property solicitors about, as there can be all sorts of issues in merging properties if not careful.

    As for the seller being awkward - in all fairness, you've made it clear it's a seller's market, so look at alternative options instead for buying a larger property - that way, you turn the tables by having a real alternative option and a more cost effective one at that - which should force the seller to look at more realistic pricing. Even still, that's no guarantee that they will sell at what you're looking to pay - but you may actually find a better alternative.