- Swapping houses? anyone done this?
We’re thinking about swapping houses with a family member. They need to downsize and we need to upsize.
Do we need to use lawyers etc or can we do this ourselves? All we want to do is swap the deeds over. Can we contact the land registry office and organise this? We’re in Scotland.
d-_-bPosted 9 years ago
Yes, both houses are all done by the book and up to date.
I can sort out insurance etc myself as I’ve done this before. To change the details on the mortgage is simply a change of address. A phone call should sort that?
There’s no need to change other mortgage details as the payments won’t change. One house is fully paid and the money toward the larger will be handed over cash.Posted 9 years ago
My point is if that his knowledge of conveyancing then he should not be going about it himself.
Given that a mortgage is secured on the property, lenders JUST MIGHT want to know a bit about the property the mortgage is to be secured on…like a survey?
OP I don’t know if it’s possible or not without a lawyer, I know I wouldn’t risk it and I am one.Posted 9 years agogwaelodMember
I disagree with the whole lawyer thing.
Taking the advice of random nutters on an anonymous website focused on Mountain Biking is far more sensible and besides it’ll make for great reading in the papers in 5 years time when one of the parties goes beserk and kills everybody else involved because of a slight oversight involving Feu Duty and Udal tenure.Posted 9 years ago
The topic ‘Swapping houses? anyone done this?’ is closed to new replies.