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Stamp duty
Hi I need some advice on stamp duty. I want to buy a property valued at £740,000. The vendor is willing to part exchange and the value of my house is £180,000. Would I pay stamp duty on the market value of £740,000 or the balance that I will be paying £560,000? Thanks
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Right to manage
Anybody owns a leasehold flat under right to manage? Do you need to be a director, can one asked not to be included as a member? Three flats, there are already two directors, would prefer not to be involved, do not want personal details for everybody to see. These can be raised with solicitor during the conveyancing but…
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Building control
We have spent the last five years renovating a property which was so bad we ended up moving into our summer house that we built. This involved installing a shower room and toilet (on a mascerator) a wall diving the place in half to create a bedroom and kitchen cabinets along the back wall of the other room. We had already…
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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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Tenancy deposit return
Hi, I will be moving out of the flat I have been renting for the last 14 years as the landlady is selling the flat. Can anyone advise if I will entitled to ask for return of my deposit? thanks
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New build undervalued by 85,000
My husband and I were advised that our shared ownership mortgage was approved subject to valuation. Valuation was 2 weeks ago...and there was a significant undervaluation. Another plot on the same development has been valued in keeping with the developers asking price. This was a smaller two bedroom flat than ours. My…
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Can planning permission be revoked?
Not a money saving question, but wondering if anyone is able to point me in the right direction for further information, or has experienced a similar situation themselves. This relates to law in Wales. Approximately 28 years ago, I was granted planning permission to extend a commercial unit I own. My premises is at the end…
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The case of the missing deposit
Trying to find my deposit and having no luck, any advice would be helpful. Last known whereabouts of the deposit were March 2018 when the landlord unprotected it from MyDeposits - only found this month when trying to locate it. Background: My husband and I rented a flat from August 2013 - Feb 2024. It was an AST, renewing…
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Conveyancing solicitors in North West Glasgow
Any advice on conveyancing solicitors? Good experiences, bad experiences, company names and individual names please. Thank you!
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Combined Freehold & Leasehold - Boundaries don't match
Hi, I hope this is OK to post, I tried searching but couldn't find anything that matched my query and solicitors on both sides are being a bit unhelpful. We're buying a 1940's semi-detached property, where the freehold was purchased by the owners some time in the 80's and is now being sold alongside the leasehold. There is…
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First mortgage lender refused to lend due to proximity to commercial premises - should we pull out?
Hi, My partner and I are in the process of buying a ground floor 1 bed flat in a popular area of south London (West Dulwich) where the property market is usually pretty healthy. Our first mortgage application (with Halifax) has resulted in them refusing to lend due to the property being in close proximity to a cafe and a…
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How long will new build warranty provider issue the insurance policy to the developer?
Hi there, I'm new here and want to get some advice on new house purchase delays. We are buying a new build house and now expecting a completion to happen. The completion was expected to happen by the end of August but was delayed because of one utility connection failure. We were then told to expect the completion notice…
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Buying out siblings- is stamp duty payable?
Good afternoon everyone, I wanted to get your advice re- whether stamp duty is payable when a sibling is buying out their other siblings from a property (the family home). If stamp duty is payable is it on the value of the property as a whole or just the portion from the siblings that is being purchased. Background: -…
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Land Registry questions
Hi everyone The Land Registry is here on our Forum to help answer its customers' questions. If you have a question pop it on here and it will do its best to help. Related on MSE: 50+ House Buying Tips Free First Time Buyers' Mortgage Booklet 2018 Remortgage Guide 2018 Ultimate Mortgage Calculator
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Leasehold right to manage
Pl can anybody explain dormant and micro company? Nothing in the files to show any assets. Pointless to ask EA, he has not got a clue. Some years the company was listed as Norman’s now it micro. Thanks
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Share of freehold/management company issues
Hi all I wondered if anyone has any experience of dealing with an issue where the freehold has been acquired by a number of flat owners and there is a management company, but some of the flat owners are not paying the monthly service charge and haven’t for some time? The information I was given by my solicitor when I…
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Surveyor and parking
Should I be concerned about parking for the surveyor? Is it his responsibility to find a parking space? Thanks
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Conveyancing solicitor checks - Structural Warranty
I am in the process of buying a new build property from a small local builder. As part of the conveyancing solicitor checks, I understand that they will check the Lenders Handbook to make sure the Broker is listed (assumption most insurance is arranged through a broker). But, is that all they have the responsibility to…
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EICR
We've reserved a new house with Barratt Homes and are part exchanging our current house with them. We've agreed a price, chosen our extras, filled out all the solicitors forms and are waiting to exchange. On Thursday we had an email requesting an electrical report and gas boiler service report for our current home, which…
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Buying house with roof works without building regs
Hi, I have had an offer accepted on a house but after asking a few initial queries have just found out they have done some works to the roof sometime ago which didn't receive any sort of building regs approvals. The works involved adding on a dormer to the roof that covers a bit less than half of the roofs width.…