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So, if you’re desperate to let to a family member, it is achievable if you look in the right places. There also might be less need for an inspection of the home if you trust the family member you’re purchasing from. Scandi Kitchen Galley kitchen design, Scandi kitchen, G Less time for yourself : Buying a house for a family member to live in uk . There is the question of whether can you save money on the conveyancing process. The tax implications of buying a house before selling include capital gains tax because your old house will no longer include private residence relief. In this article, we explain what these implications are and the key points to be aware of if you are buying a family member's home for less than market value. However, a lease can be any length, particularly for previously owned properties. A minimum income of £25,000 excluding state pension and other benefits. One perk of buying a home from a family member means that closing costs will likely be lo...