I am in the process of buying a further buy-to-let house. The vendor is buying a new build and it seems it will not be completed before my mortgage offer expires in the middle of February 2020. I cannot extend the offer and would have to re-apply with all of the additional costs and delays. The estate agent has suggested completing and allowing the vendor to live in the property using a licence agreement for possibly 1-2 months. I am concerned for my legal position regarding insurance and legal safety checks. Any one with any experience?
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