Should I consider renting back to vendor?Make Text Bigger
I am a first time buyer considering buying an ex-council flat on a buy-to-let mortgage. The seller who lives there with his family is suggesting I let it back to him while he looks for a property to buy.
I am concerned he may have an agenda to try and become a sitting tenant. For example if he started to claim benefits.
Has anyone experienced such a situation?
Would it be best to either wait potentially indefinitely for the seller to find a property or terminate proceedings altogether.
Any advice gratefully accepted
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