Banky team Reviewed editorial answerFinancing a property purchased from a relative is possible in some cases, but banks often scrutinize the transaction, price, and title deed more closely to avoid sham deals or unrealistic valuations.
Key points
Disclose the relationship from the outset and provide a clear contract and complete ownership documents.
Don't pay large sums before confirming that the bank accepts this type of relationship and transaction within its program.
The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.