House purchase with multiple home savings contracts

  • Erstellt am 2023-09-27 21:31:51

ypg

2023-09-28 13:34:26
  • #1
I don't know. I thought I had read that somewhere - not in this forum ;)
 

Kugelblitz

2023-09-28 15:34:04
  • #2
So whether it is financially feasible you have to "calculate".

What I do notice:
1. You are buying it together but only you are paying the loan?

2. Very low purchase price for the house without knowing the exact details...really nothing has to be renovated/refurbished?

3. I am not familiar with rental law. Whether you can get the tenant out or not, you have to be aware that your tenant lives in the house with you. This can backfire very quickly if there are disputes regarding the apartment, rent, or any damages. And believe me, that happens faster than you sometimes think.
 

ypg

2023-09-28 17:08:02
  • #3


He wants to buy alone.

…..


Understood! I checked again and had omitted the conversion part. Thanks.
 

Hans1993

2023-09-28 17:50:47
  • #4
Hello everyone,

thanks for the first feedback.

I only mentioned my girlfriend because a new kitchen, furniture, and so on will be installed, and she will cover the costs.

The house is not renovated; rather, new water pipes were installed 1-2 years ago, new bathrooms, solar system, and floors. It is simply in a "normal" condition: plastic windows, oil heating, insulated roof—just everything without any fancy extras.

A notice of termination for personal use should not be a problem because the tenants have only been there for 2 years, I officially live in the house, and I actually do need it for personal use.

If the building societies want a land charge, it should be no problem to put it on my paid-off property and on the new house, right?

Regards
 

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