Rent to buy parents house?

newlife

Registered User
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58
Just wondering is this possible?

My parents have bought a new home and they have offered to let me live in other place for a while. I do not have savings so we have spoken about me buying it from them and we are thinking of agreeing a 'rent to buy' sort of deal.
What would be the implications/ problems etc arising by doing this?
Is there any 'legal' agreement that can be drawn up?

Thanks in advance!
 
Yes you can do this, but you should go to a solicitor.

Oddly you mention living their for a while, yet you want to buy it?
 
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