Is it safe to buy a house with squatters in it?—The Times
Partner Ed Cracknell has contributed to The Times 'Home Help' column advising on the risks of buying a house with a squatter in it, and the options available to buyers.
If your offer is accepted, you and the seller will need to agree whether the property will be sold with vacant possession. In other words, whether the seller will remove the squatter before you’re required to complete the purchase. If you’re buying with a standard mortgage the lender will probably insist that the property is vacant. If you are a cash buyer you have the option to complete the sale with the squatter still in place and then evict them yourself."
Ed Cracknell is in the property litigation team. He advises businesses and individuals on all aspects of property dispute resolution, specialising in landlord and tenant disputes, business lease renewals and terminations, possession claims and development disputes.
The full article can be read online at The Times, by subscription only.
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