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Martin Lewis Blog: 'House offer accepted, now they want £20,000 more! What should I do?'
A passer-by stopped Martin in the street recently to ask his opinion on her house buying dilemma. You can check out his view in a video he posted: Martin Lewis: 'House offer accepted, now they want £20,000 more! What should I do?' What would you do? Stand your ground? Walk away? Pay the extra? Negotiate? Tell us your…
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New to the House Buying, Selling & Renting board? Start here
✅ This board is for... * Questions about buying or selling a home * Questions about renting a home * Questions about being a landlord 🚫 This board is not for.. * Debating the state of the economy * Debating house prices in general * Political debates Note: In order to help keep the Forum a useful, safe and friendly place…
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Tenancies in Eng/Wales: Guides for landlords and tenants
post 1 This thread is intended to provide information to both landlords and tenants relating to Assured Shorthold Tenancies (ASTs) in England and Wales. Updated April 2020 to include the Coronavirus Act 2020 and July 2020 to include the Electrical Safety Standards Regulations 2020. Topics covered: Post 2: Repairing…
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House I was buying back on market
So I was buying a house in May they pulled out in last week before entry date so I had to pull mine off market and left with legal costs. Anyway I found out tonight that seller has relisted with another agent 8 weeks later. Why wouldn’t they wait for us? Sell it off market or something. Our offer was £25k over home report…
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Neighbour disputes
Thinking of selling my bungalow and wondered if i need to declare neighbour disputes from 10 and 12 years ago which I reported to the police at the time. They still live next door and everything has been fine with them for past 5 years and they are now good neighbours.
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Buying Section 106 Discounted Market Value Home - valuation issue
I'm a first time buyer trying to buy a discounted Market Value section 106 property and I'm having issues because of the valuation. The house is supposed to be sold at 65% of its market value but I've approached two lenders via my broker, Nationwide and Atom Bank, and both have sent back a valuation that is £30k lower than…
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Share of freehold bought without consent of freeholder?
I live in a shared house with 3 leasehold flats and I and other leaseholder A share the freehold 50/50. The remaining leaseholder B tried to buy the share of freehold twice but was not successful as they changed their mind (and I was not happy to accept their changed request either). I had not been impressed with B's…
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Redbrik reservation fee
Hi I have my offer accepted on a property which is marketed by redbrik. Now they are asking for a reservation fee of £595 to put the property as sold subject to contract and the fee is not refundable. Has anyone had such a experience with Redbrik and is there anyway to skip this fee?
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Value Comparison
I am trying to assess the value of a house, and I have this dilemma. If you compare these two houses, which one should cost more, and approximately how much more in percentage? House 1: - linked detached (garage linked with neighbour) - 50% larger garden than House 2 (also a bit more private) - garage (house 2 has no…
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House purchase completed, but previous owner owed electricity bill
So yesterday we collected keys to a property we had been purchasing for months. Today we got the metre readings and tried to switch to a new utility provider online. The switch of gas was smooth, but for electricity the new provider just told me that the old energy provider, Ovo, had objected the switch because of an…
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Neighbours may be causing my house not to sell
We're trying to sell our house but the neighbours are always out in their garden shouting at each other. We had one viewing where the neighbours were effing and jeffing at each other. The Estate Agents can't get hold of the couple who viewed it (no surprise!). Our EA said they're surprised the house hasn't sold and suggest…
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Is The Market Really That Bad
We have decided to sell one of our properties in the South East. Were in no rush to sell and all the agents have come in at the same sort of value. We have decided to go £50k below the lowest valuation just to ensure viewings etc Having spoken to some local agents it sounds like its quite tough out there. Is this just the…
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New build house flooded
Hi, looking for any advice/help - new build house purchased 1 year ago. Internal flooding from surface water overwhelming public sewer x 2 rendering house uninhabitable, first 6 months after purchase, second flooding 3 weeks prior to moving back in, so still in temporary accommodation since April when only purchased in…
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Exchange and Completion
I am the Seller and I have given the go ahead to Exchange and Complete on 21 August 2025. My solicitors had said they do not require anything else from me as they have everything they need. I will need to settle and close my utility, insurance company and council tax accounts. May I check when I can do this and do I tell…
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Unable to find lodgers, is this a dead period?
Hi, Two weeks ago I published my ad on Spareroom but I've received interest only from unsuitable people (in particular I wrote very clearly "no couples" at the top and at the bottom and guess what "we are a couple searching..."). The price is slightly over the others, but justified given the size, the comforts, the…
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Is this estate agents strategy sensible, or a bit mad?
I want to put my 2 bed, 2 bath, top floor flat (3 floors total) on the market. The main bedroom is east facing, and the living room and kitchen are south facing, so it gets lot of sun, and also has a big balcony. It's in South East London, and sits on the border of Zone 3 and 4. I paid £325,000 for it in 2020. I believe it…
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Am I Overpaying?
Hi I am a single fella , no children , no partner and live with my parents in a nice area of Liverpool where property is expensive . I have been looking for a small manageable home , extremely low maintenance and garden for my dog . I have found one , it literally ticks every single box , Redrow build in a close full of…
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Tax in UK on selling property in Germany?
Hi, my brother and I have inherited a property in Germany in 2021 (I'm originally from there but have resided in the UK for over 30 years). My brother is now buying me out. The property has lost value since we inherited it due to being empty and significant water damage following a burst pipe. My brother will be paying me…
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buying a house off parents
I dont know if anyone can help with this. Im buying the house i live in off my parents. The house is worth £325000 and im just paying whats left on the mortgage £125000. Would either side be liable for capital gains tax or the like. I have no idea on any of this and dont want to have a shock of a massive tax bill at the…
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FTB – seller in chain + offer 9% under “min” price – risk to Feb deadline?
Hi all, We’re first-time buyers, offered ~£20k (9%) below the “minimum” price the agent quoted. Sellers are 2nd in a chain and their purchase isn’t yet secure. Our lease ends early next year, baby due, so we must complete by 1st week of Feb. Concerned delays or collapse could leave us stuck. Anyone been in this situation?…
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Disputes when selling a home
Hello, At some point in the near future i will be putting my house on the market. About three years ago i raised a noise complaint with my local council regarding my next door neighbour's dog barking. I have since closed the case and requested that the council remove my dispute which they have. I know this might be a legal…
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Porting mortgage with recent defaults & significant debt
We are with Skipton Building society. Never missed a payment would like to move to a cheaper property (bought our current for £310k & mortgage is £263,000). We’ve seen a property for £280k but in the past 12 months I have had £60k of defaults from credit cards & loans, added to my credit file. Obviously did not have these…
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Elec test done on a green form (not CPS)
When we asked the seller for a EICR, he produced one on a green paper (form), not by someone who is a member of a CPS. The tester (who lives 40 miles from seller) basically did a box ticking exercise and didn't test sockets, wiring, switches. Has anyone had this and would it be acceptable, to pay for a test ourselves and…
