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FTB - Monthly Costs Plan
I am currently trying to plan ahead for when I move out next year into my own flat. At the moment, I am looking for a 1/2 bed leasehold flat, costing between £80,000 - £110,000. I have already looked at what my mortgage costs would be but would like some ideas of other costs that i will incur such as gas / electricity as…
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Cost of renting a council property?
I am currently sharing privately rented accomodation, with all the bills and rent being split three ways it works out at approx £350 per month each. I have been on the housing association and council waiting lists for some time and today I got a card through from the 'lettings department' of my local council asking me to…
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adopted road
Hi all I have been reading this interesting and helpful forum for a couple of weeks now and when I heard this about the road I live on, I thought this would be the best place for me to seek advice. We bought our property over two years ago but we only discovered yesterday from the Highway agency(HA) that our road is not…
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Advice needed on complicated situation pls
Hi, I desperately need to make a decision on what to do. I have been out of work for 2 years following serious illness. My partner and I own a house worth £250k with a 51k mortgage. We cannot afford to carry on living in the house due to the 29k debts I have built up through ill-health. The only way I can see out of this…
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Flipping on off plan property
I was wondering what peoples thoughts are on flipping - where you buy a property off plan, and then sell it on before completion. It strikes me as a way where you could make some money, but I guess the risks are: if you cant sell, you either loose the money you've put in, or end up with a place to rent out you didnt want…
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I know there's nothing we can do, but what can we do!
We have some FTBs really keen on our house...2 viewings, last one on Tuesday. Now Saturday, and the only feedback from agent has been they are going to make an offer but want to go through some figures first. 1) How long does it take to go through the figures??? 2) Should I pester the EA to pester them? We're more than…
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Stamp Duty Exempt - Should I advertise the fact?
I am looking to sell my 3 bed semi privately, and it is in a Stamp Duty Exempt area. This is because there is what is classed as a 'disadvantaged area' nearby, but it doesn't actually affect my street which is perfectly OK - it's just fallen within the boundaries. No stamp duty reflects a saving of up to £1300 - but do you…
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EA keeps sending people who haven't sold yet
We have had our house on the market for nearly a month now and sold it the first week it was on the market, only for our buyers to loose their buyers a day later :( Since then we have had about 7 viewings in 3 weeks, however, only 1 of those viewers had sold their house and were therefore in a position to make an…
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demised - what does it mean?
can anyone explain what the term "demised" means in terms of a lease on a flat? "no works or alterations can be caried out to the demised property"
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Rebuild cost question
Could anyone guestimate the rebuild cost on a £134,000 semi-detached house. Also, what contents insurance value would people typically go for on this sort of value of property. I'm thinking 40-50,000.
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Buildings Insurance question(s)
I have a question on the form that I have to fill in for the solicitor before they do my searches etc. The question asks if I'm insuring through my lender, which I'm not. It then goes on to say if I'm not then I have to remember to send a copy of the policy schedule to the solicitor in good time for completion. Am I…
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Radon gas and house buying
I'm in the process of buying a house and the searches have revealed it's in an area where there is a 1% to 3% possibility of properties area being above the recommended limits for radon gas. For anyone not aware this stuff can seriously damage your health. After research on the net I've found out that the gas is emitted…
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For sale sign
I want to sell my house without using an estate agent but I need a for sale sign. All the local sign companies seem quite expensive - can anyone recommend an on line supplier? Many thanks
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absentee Freeholder
Urgh this is never endless So I've found another flat to buy, been through the negotiation stage and the vendor has today accepted my offer. She mentioned at the viewing that they have an absentee freeholder and she hasn't been paying any ground rent for years. The person upstairs from her has just sold through the same…
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Camden areas
Hey guys Was looking for some advice. My partner has been offered a job in Camden (london) and is pretty much decided to take it. I have agreed to follow him down in the next few months but in the mean time he would be looking to rent a property. I was wondering if anyone could give us some advice on the areas in Camden. I…
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Buying a house
What does an underwriter do in the process?
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Delays - what would you do?
I'll try to be brief here... Had an offer accepted early Feb and the seller pushed for a 6-8 week timescale. We got our mortgage application in really quickly in good faith and it expires on May 11. We have to give 8 weeks' notice on our rented flat and can't afford to pay an extra month's rent. The EA is aware of this and…
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Buying property from private landlady
Hi everyone. Wondering if you could give me a bit of advice. Basically my partner and I are happy tenants in a nice place which our landlady has decided to sell. She hasn't, as far as we know, begun the process yet and has just given us notice to move out. We are, hopefully in a position to buy the property from her as we…
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2nd buy-to-let advice please
Afternoon all, We have had a property that we let for the last two years and have decided to go for another we've had an offer accepted on a flat and found someone interested in renting I was just wondering what the situation is with DSS tenants, our other property is let to a gentleman with diabetes and the rent is paid…
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Lounge/diner vs Kitchen/breakfast?
Wondering which is more preferable? House we're looking to buy currently has a lounge/diner and a small kitchen. We're wondering if it would be nicer (and more appealing when it comes to reselling) to knock through and have a kitchen/breakfast room, but with a smaller lounge. Lounge/diner is currently 26'3 x 12'1 and the…
