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Hi All, Me and my wife recently made an offer directly to the owner of the house we use to rent (it is currently on the market for £310k) - we offered £288k (top end of our budget). He came back saying he wants at least £300k, but would accept our £288k (from our mortgage & deposit) and £12k in cash a year later as a private deal. Is this legal? How should we proceed? Any advice would be welcome. Thanks, Rob
Hello, I don't know if that the right place to talk about this topic. I'm French and I'm planning to buy in London a mixed use property in cash. I will live in the building in the dwelling area but I also want to rent the commercial part of the building to a limited company that I will own. Through this company, I will have in one hand a company mortgage to finance the renovation work, pay all the building fees and in another hand I will get all the tenants rents. This company will then hire me as the manager of the building with a salary every months. Do you think that this concept s