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HSBC asking for bank statement after issuing offer
Hello All, So after a wait of around 6/7 weeks and providing a lot of documentation to our lender HSBC. We finally got the offer on 9th April 2024. But as our initial proposed property was sold to someone else because of the delays with application we had not option but to find another home within 6 months. We did find…
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Where can I park on these title deeds?? Please help
I live in a small cul-de-sac maintained by a management company. The area shown on my deeds is my property boundary. The area in yellow is a shared access area. I have been parking a vehicle in the yellow area against the fence but within my boundary (shown in other picture) only on odd occasions when parking has been…
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Lack Housing Options in London for someone earning £42.000
A year ago, I completely changed career and went for a job that paid a lot more than I have ever been paid previously. I thought it would be a decent enough wage to finally pursue my dream of living by myself. I'm earning £42,500 in London and I have come to a realisation that I may have to continue to live in my parents…
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Reducing offer- effect on our Loan to Value?
Hi, My partner and I bought our house in lockdown for £328,000 with a £290,000 mortgage. Two years on, we are selling it for £310k. We had an offer accepted on a property for £295k. We have a year left on our mortgage, and they have allowed us to port this over. However, we've now viewed again and want to reduce our offer…
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cheapest. reliable fitted bathroom and kitchen companies
hi I'm selling my flat and looking for a bungalow.. they all need a lot of medernisations.. what would be a good company to go for for a new kitchen and bathroom on the cheap? how much does the average budget kitchen and bathroom cost?
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Best Agent
Anyone used the property search feature from them?I've tried doing a search on their property search and it's quite patchy, showed properties that were no longer on the market in results.
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Charge on a property but lender can't be found.
Any insights appreciated please! I can only give scanty information so this is all I am currently aware of... I am purchasing a probate property but my lender has found that there is a charge against it because the deceased owner had taken a loan secured on the house. The finance company Reid was taken over by or renamed…
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Share of Freehold Issues
I am seeking advice for a problem I am facing with the management of a building that has been converted into four separate flats called the Terrace property. The freehold is owned by three of these flats, while one is a leasehold. There is no clear structure for managing the building, and essential repairs are not being…
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Spray foam insulation removal tax position
I have a small flat that I rent out. When my tenant left, I thought I might as well sell it as I'm getting too old to fix/clean/paint the place every time a tenant leaves, plus now that I'm getting my state pension I would be paying most of what I earn in rent (after expenses) in tax, so why have all the hassle.... The…
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Variation of Deed
Guys , I feel 'm maybe being held a s prisoner in my own flat my my freeholder. I purchased the property in 2018 and Skipton my then and now mortgage lender didn't have an issue with lending me 80% LTV or any issue with ground rent. This has now changed in the industry. I have tried over the last 2 years to sell and 2…
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Deed of Gift, or not?
My father passed away, leaving my mum, living in a house they shared plus a second property he inherited 7 years ago, in his sole name.. There is no mortgage and it is rented out. My Mum is the sole executor and beneficiary of his estate. My Mum would like my Brother and I to put the rental property in our names, but she…
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Question about Restrictive Covenants
Dear Forumites, Can anyone advise me on the enforceability of a restrictive covenant. We have a cluster of these on our property, and in most respects they're obviously obsolete and no longer make sense. Some however are a limitation on what we can do with the property and land. The original land owner who created the RC…
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Share of Freehold Issues
I am seeking advice for a problem I am facing with the management of a building that has been converted into four separate flats called the Terrace property. The freehold is owned by three of these flats, while one is a leasehold. There is no clear structure for managing the building, and essential repairs are not being…
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Buy to Let without mortgage Scotland
Just to confirm the property I'm living in at the moment is in my name so would it be better to buy a buy to let property (no mortgage all cash) in my wifes name to save on tax, how much tax would I have to pay on a 2nd property? Just to confirm my wife doesn't have a property in her name at the moment. Also, once the…
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Another damp issue
I'm I'm buying this house (cash buy on sale of my property) it's a 1950's semi and the Level 2 survey has picked up high level readings of damp in all ground floor rooms. The photo by the window was wet to the touch and either a result of guttering not being emptied or water running into the air brick from the drive. I…
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Overseas assets, income or gains
Hello, I apologise if this has been posted previously. I am slightly concerned that my mum (a UK resident pensioner) has today received a letter from HMRC regarding overseas income. She has a property in Spain which is being let. She is a Spanish national and so pays tax on that property in Spain. Will she is also need to…
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Leasehold reform and buying freehold now
I'm having some issues with my freeholder as we've uncovered some changes to the floorplan of our flat made by the previous owner may not have been given permission when we came to sell the flat (its a long story but basically the lease plan in the lease we received when buying wasn't clear so we didn't know the plan had…
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Found a House but need til July
Hi everyone, Looking for advice. We've found a house we like, it's been on the market since Sept last year. Not sure why nobody has bought it yet. (Haven't done a survey yet) it's no chain and we are FTBs, it currently has tenants but would be vacant on possession. We have a mortgage in principle, but to get this house we…
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Fuse box for house is in the garage.
Looking to buy a bungalow hiuse fine but we noticed the fuse box for the bungalow is in the garage and a wire goes across to the bungalow. The garage is detached from the bungalow with a possible asbestos roof. Have put an offer in and going to have a survey Anyone seen similar before. We will get the seller to test for…
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Small claims mediation (reject or accept?)
I have filed in court following a long running dispute and the court has directed us to mediate a solution. The defendant has always and continues to state they are not the responsible party despite this being categorically false. Something i have verified through a number of channels. Due to the nature of the situation, I…