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how do I work out stamp duty
Just bought a house for £249k , my fee note from my solicitor is asking for £9.900 in stamp duty. How do I know if this is correct, it sems very high to me. Thanks
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Berlin: Buying abroad
Although I invest in Unit Trust ISAs and Pensions I am a firm believer in property. Having sold my modest UK portfolio I set about looking for a new location. After months of detailed research Ive found it - Berlin. A short flight, robust laws and a massively depressed market was too good a cocktail to ignore. Despite…
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Buying Off Plan
When buying 'Off Plan', what commitment is necessary - a reservation fee or full deposit? Do different builders have different procedures or is it industry standard? A little guidance would be appreciated!
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The 1960s house
I keep hearing from people on here that I should quit whinging, as it's always been a struggle to buy a house. According to that bible of the bigoted middle classes, The Daily Mail, in 1960, the average wage was £700. The average home was £2200. So a home was three times someone's wage. Today, the ave wage is £23K and the…
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When is "vacant possession" not actually "vacant possession"?
As first time buyers we were supposed to be buying a property which is marketed as "Chain Free" and "Available with full vacant possession". However just before we were about to exchange and complete, the vendors have now moved into the property while they wait for a delay in their mortgage on a new property to be…
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Mortgage penalty?
Morning! We finally got an offer on Friday from a developer who wants it all through ASAP. Now as we are selling his, moving into my flat for 6 months to save deposit I have two questions. 1) Best place to save deposit funds 2) If we are just "resting" from this mortgage and then retaking a higher mortgage in 6 months,…
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advice on buying remainder of part ownership property
I own 60% of a one bed flat in a fashionable bit of East London, and have the option to buy the rest from the housing association which built it. I could just about manage this by sinking in every last penny I have saved. I would then move with my partner and our new baby to a decent cheap rented two bed property which he…
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Sell a property in 7 days? Anyone tried...
Hi All, I just registered and this is my first posting. I'm currently selling a 1 bed maisonette in the south-east of England via a well known estate agent but having very few viewings. In an attempt to see if I could speed up the sale, a quick search on Google for methods to sell property brought up the following website:…
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Where is the cheapest NICE place to live
In the UK? Any ideas? As im sure I have posted before we need to move out of the south east, we need at least a 4 bed pref bigger, in a nice area with good schools. Any ideas greatful recieved! :D
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If contracts are exchanged.....
then the vendor has problems which delays the completion date, what happens to the deposit if the buyer pulls out?
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PP and 'Established Use'
Does a house that has been used as three flats for over 20 years need planning permission and if it does it is "automatic"? Im thinking some kind of 'Established Use' here. Any advice helpful. Regards
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Bridging Loans
Hi, Can anybody give me any advice on Bridging Loans, apart from don't do it. I may have to bridge shortly as I've just seen the house I've been looking for but have not sold my own yet. After visiting my local bank, I got a bit of a shock at the rates for bridging and also the arrangement fees. Can anyone offer any advice…
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Deposit to Completion - Time Limit and Interest?
Does anyone know what the legal time limit is from handing over a deposit to your solicitor and completion, before I can start charging them interest on it? :wall:
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Can we sue lying seller?
We have just pulled out of a deal to buy a flat, after it turned out that the seller lied about the length of lease to the estate agent. He said that the lease was 87 years, turned out to be 77 years. Seller only had the flat for 3 years, so I can't believe he could have made such a huge error by mistake. We have wasted a…
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Just had an offer accepted on a new build
Hi We've just had an offer accepted on a new build, almost complete, house and ourpart exchanging ours. We're due to go in tomorrow to sign the reservation form. Any tips or advice would be gratefully accepted. Thanks
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Help Requested ASAP
OK. I have just had someone turn up at my house informing me and asking was the house was up for auction? I obviously sniggered and said "no" and he came back and showed me the auction information. and lo and behold it has been listed on http://www.findaproperty.com/. needless to say i will be ringing them first thing in…
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Estate Agent's Fees -Advice Pls
I've just been quoted 1.5% (fine - if they do a good job) but it is plus vat. Marcus, is the 1% you refer to also + vat? Thanks by the way for your original posting. I made a list of points to cover which was a great help[.
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An enterprising way to sell your house!
Spotted this in my local paper this morning. Wish it was my idea - I'm actually quite jealous! http://www.win-this-house.com They're basically raffling off their house! If they don't sell the maximum number of tickets, you get 50% of the proceeds. If they sell every ticket, they’ve made £300,000. Even if they only sell…
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thinking of buying a house in Sotton in 2years time...
Hi fellow MSEs!!! BF and I are saving up for a deposit on a house. BF works in Romsey and I work in Fleet, Noth Hampshire. We live in Fanrham at the mo, renting a double room out of our friends. The thing is the only places we seem to be able to afford are in Sotton. Fair enough, it is close to BF's job and close enough to…
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Should I ask if house is for sale??
I went to 'sus out' the area where a bungalow is for sale prior to making an appointment to view internally and, because there is a row of shops behind the house, went and knocked on a couple of doors either side of it. I only had a reply from the house nextdoor-but-one and he was extremely helpful and assured me there was…
