thanks for watching this week Scott

thanks for watching this week David

thanks for watching this week Somsay

whoever told you that is an idiot then, don't use them. If you want the brokerage to get you a mortgage, go to tis home page, look for the introduction sentence on that page and click on the little arrow ar the right hand end of the sentence, my contact details are there. Email me you details and I will get the guys in the brokerage to get a mortgage for you.

not easy at all. You cannot just 'take over' the ownership, you have to buy it from them and they have to sell it to you, with the stamp duty and conveyancing cost incurred. You cannot transfer a mortgage either, you need to take out your own mortgage to repay their mortgage.

@KevinWrightProperty hi . Thank you for replying. Could I buy the property using the equity in the house as this would be a under market value purchase

@@Moneyra buying it deliberately under value is a breach of Stamp Duty rules. You could buy it at the full, or close to the full, market value, but be gifted the deposit by the family member

@KevinWrightProperty in this situation what would you recommend I can do

@@Moneyra get the family member to gift you the difference between the market value of the property and the price they are willing to sell it for and get a mortgage for the difference. Do you plan to live in this property or rent it out?