Hello my name is ***** ***** I will help you with this.
So you want to know if you can be a shared owner and the Landlord still be your Landlord?
sort of, he needs to raise some funds and would rather i buy the property or part of it i.e. 25% rather than sell it to somebody else. i have seem loads of info regarding shared equity, but they all seem to be government schemes, therefore i need to know if there is a mechanism for 2 private individuals entering into this shared ownership arrangement.
Then there is no problem you becoming joint owners
A Solicitor can deal with the formalities of sale and transferring a % into your name.
He would still remain Landlord and your agreement would continue.
So it can be done and a Solicitor would deal with the formalities.
Also you need a contract for you staying.
It needs to set out what happens if you don't pay your rent etc and what rights you have
But he would still be the Landlord and you would own %
Can I clarify anything for you about this today please?