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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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Buying a leasehold flat is such a horrible experience.
To get any question answered requires a chain of like 3 or 4 different people. Me > my solicitor > sellers solicitor > seller, then it comes back sellers solicitor > my solicitor > me. God forbid I have a follow up question... And sometimes it can even involve a 5th party, the management company. The whole process just…
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Defacto tenant eviction problem
Need some advice as to the best course of action to evict a tenant. The tenant was originally a lodger in my wife's bungalow but became a defacto tenant as sole occupant when my wife and I married and we live together now at our separate matrimonial home. The tenant has let the property go to rack and ruin and neglected to…
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Seller creating impossible deadline.
Despite being a cash buyer, with no chain, I have been struggling to buy a frehold property where the seller (a Housing Association) and their solicitor have been witholding or delaying release of information. It has reached a point where they have issued an ultimatum: exchange by end of day tomorrow (12 Dec) or they will…
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Landlord mould advice...
As a landlord I am trying to address mould in a 1980-90 terraced property. The tenant is in situ. I have 'educated' them WRT ventilation etc. However I am really struggling to know where to go to for trustworthy advice. I am thinking additional loft insulation and cavity wall insulation etc. but not really sure. The tenant…
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Future sale of property with 57 year lease
I have just discovered that my parent’s bungalow is leasehold with only 57 years remaining. At the time of purchase, in 1986, they couldn’t afford and didn’t consider buying the freehold. As they are both in their late 80’s now when they pass away the time will come when a sale will have to be made. How would the short…
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Undergoing a pre-tenancy check with a Housing Association and not sure how to answer ASB question
Hi all, I have had some success with a council housing bid, and the Housing Association is now doing a pre-tenancy check. I suffer from chronic pain, and a few months ago it became overwhelming, which resulted in my crying out in pain on the odd occasion. This is the first time this has happened in my history of being a…
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Would you buy a house with an internal manhole and drainage issues?
Hi everyone, My partner and I are currently in the process buying a house we really love, but there are concerns and we would really appreciate people’s thoughts—especially anyone experienced with drainage or buying homes with legacy work. Key Findings * There’s an internal manhole that ended up inside after an extension…
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Mortgage insurance first time buyers one with health issues
Hi My son and fiancee are in the process of buying their first home. DS has Crohn's disease and had Lymphoma 6 years ago, which he has completely recovered from. They need some advice about life insurance and mortgage protection insurance (if that is even possible). Where is the best place to start with this?
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Stamp duty question when staircasing, Shared Ownership
Hi, Any help would be much appreciated as I do not understand exactly how to work out the stamp duty now that I am attempting to staircase to 100%. 2016 - 50% share of £276,500 (£553K property valuation), paid stamp duty £3,825 + NPV of £921. 2018 - 20% share of £103,000 (£515K property valuation), no SDLT paid as only…
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How do people get permission to build homes in remote places?
With most of the UK feeling like we're living on top of each other, some isolation and remote living seems very rare. So I went exploring on Google Maps and I found some really remote homes and I have to wonder how people end up living there. 1 home on a remote Scottish Island. Bunch of remote homes with lots of land. 1…
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House selling- what am I doing wrong?!
Just after some advice regarding house selling! My house has been on the market since end of September, initially lots of viewings but I've had nothing for the last 8 weeks. The feedback I get is nothing I can improve on it's normally "we've found a different house" etc. For context, it's a 3 bed end of terrace with 2…
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Property Sold stating driveway but legally I cannot use it as there is no dropped kerb
Hi I bought a property last year which on the Estate Agents sale particulars stated there was 1) a Driveway 2) the property information form clearly stated that 'parking was available on the Driveway.' but as I have since found there is no dropped kerb I cannot legally park on the 'Driveway' , I did not have a driveway on…
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Private landlord
We have a tenant in our property. We need the property back for family (landlord) to come live in for a year or so. How can we legally get our property back for landlord to move in??? Landlord wants to move closer to family? Any help appreciated. Thanks
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Shared Ownership and Land Registry Title
I am selling my shared ownership flat, it's proving to be a nightmarish project with delays and incomprehension with solicitors from both sides, even if it is a chain free transaction. Conveyancers from buyer's side are now saying that the land registry title doesn't show I had staircased from 35% to 50% (I did this at the…
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New "Have a Look at This" thread
The other one has disappeared and any posts I have made are not listed in either my posts or thanks. This thread is for things like: . Spotting pets in properties . Anything awful - decor, extensions etc . Quirky properties . Timewarp properties . Properties in serious repair and anything which is different and of interest…
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Worrying survey report for newly refurbed Victorian terrace - what to do!?
We're first time buyers and had a £310k offer accepted on a 4-bed victorian period terrace 2 weeks ago. (Originally was put on for 320k but then got reduced to £310k as lots of other properties on the market). Since then, we've had our mortgage offer, the solicitors are going to be doing searches soon, and we've just got…
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Exchanging imminently- told no chain all along! What’s going on?
Timeline of events; We (my brother and I) accepted an offer on my late parents property on 15 September. Told our buyers were cash, ready to move asap and that they’re in rented (chain free) everything is done. They want a completion day of Monday 15 December. Only a few days away. I asked my brother yesterday (he’s the…
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We have equity in our home, can we buy a second property?
Both myself and my partner are in our 40s and we have built up around £190k equity in our home and just wondered if we could somehow use this to put towards a second property, to rent out and long term become a retirement nest egg. How do we go about this? Or is it not possible? We have a 750pcm mortgage, we have joint…
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Landlords - are you selling up or will do when your tenants leave?
As above. Also is you don't mind, just say what area of UK you live in to give it greater context. Will you, have you put up rents this year and if so by what percentage and was the amount less than last year/etc. These new rules which 101% favour the tenants, when do you expect them to become the law. In my view, it may…
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Cala Homes - Guaranteed Buyers Scheme
Hi, Can anyone share their experiences and views on Cala Homes - Guaranteed Buyers Scheme? Thanks.
