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Stamp duty
Say for example you purchased a %age of a property, e.g. 50% for £110k, then later purchased the other 50% some years later for £110k. Would you still be liable for stamp duty?? S
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Selling and buying...
Hi all, We've just today accepted an offer on our flat and had an offer accepted on a house we like - having had our flat on the market for 6 weeks with nothing much happening, it's suddenly all go and as we're first time sellers I want to check we're covering off everything we need to do... (and the process of being FTBs…
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contacting solicitor direct
do you think its a little pushy and rude to contact my buyers solicitor as to what the hold up is?<due to exchange and not gettin proper info>my EA is cack so i dont get the info i need, i dont know how solicitors feel about contacting them direct when they are not working on your behalf? my solicitors has contacting them…
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Is stamp duty payable on non-discounted price of new build?
Hi, Not sure about this one myself but as far as I'm concerned if I offer £225,000 on a £245,000 new build house my stamp duty is 1% of the £225K not the £245K. I have been told by my conveyancer this is not the case and I have to pay the stamp on the builders asking price rather than my offer. I queried this and was…
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How detailed is a full structural survey
We are selling our house, 1860s brick and timber cottage and our buyers are having a full structural survey done on it. how much more detail will this go into as opposed to a Home Buyers survey which we had 4 years ago on buying the place and which didnt throw up any major problems.
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Quick House sale companies
Hi has anyone had any experience with companies that specialise in quick house sales? We have a 2nd house we can't shift and I've seen a company on net that buys houses straight up but want to know if the catches i.e.reduced rate etc are worth me sending off for brochure???! Thanks in advance...
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Stamp duty - house- dwelling
Hi Looking again for novel ways to buy - I have found a property which is split into 3 flats all currently let I think it has been done so they are all proper dwellings with their own Council tax etc the vendors are seeking £320k My plan is to live in one flat (ground floor) and rent the others Can I buy as 2 (or 3)…
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Should I show EA mortgage valuation?
Buying house - mortgage valuation put as condition that we must get a damp and timber report. Asked EA to arrange report and they say they need to see valuation to see proof that it is a condition before they can go ahead. Valuation says it is for our eyes only and should only be passed on to our professional advisors. Is…
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House Flood
We are just about to exchange on a new build and went today to visit the property, We found that the upstairs toilet has been leaking for probably last 4 days, the water has spread all over 1 complete bedroom, into the landing, downstairs into the kitchen, dining room hall, Coving has fallen come down and the ceilings and…
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FTB - how to reduce outside noise?
Dear all, After months of searching, we hope to have finally secured *the* property for us, with an offer accepted 48 hours ago. The property has been redecorated and has all new kitchen, bathroom and laminate floors... but... it's on one of Brighton's busiest roads to the front (living room affected) and also a side road…
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House insurance
We are buying a £134,000 3 bed semi. I'm looking to get building and contents insurance. Can anyone recommend someone cheap/good?
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Getting Panicky - FTBs
Prompted by Frustrated by FTB..... We've (finally, having been looking for months) had an offer accepted on a house. It took us a little by surprise, I think because so many prior offers on other places were turned down so we weren't expecting a "yes". We viewed the house a week ago two days after it went on the market,…
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How low can you go?
Hello, FTB here! We're just beginning to look at houses and know that we can afford up to around £150k. (We're about to get mortgage appointments etc to finalise the exact figure we can afford) My question is, how much under an asking price do you make an offer? I am sure there is no hard and fast rule and it depends on…
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New houses negotiating question
Hi all, Anyone successfully bargained for a new house reduction in price? They've already thrown 5% our way + SD paid...hubby started talking about carpets so they said, well they don't come with carpets, but we can give you £1500 towards that. They're nearing the end of the phase and the house is right at the top of our…
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Solicitor question
When buying a house would it speed up the exchange of contracts if both parties were to use the same solicitor? or this not ethically correct or conflict of interests?
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Kitchens question...
... on another board: http://forums.moneysavingexpert.com/showthread.html?t=172382 Not getting much traffic on there and I figured a few of you might be able to help! Ta!
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Capital Gains Tax.....???!!!!???
My partner and I have a mortgage agreement in principal based on both our salaries for a mortgage of £165k. Partner has a house which is mortgaged in his own name, and he is unsure as to what to do with it, 2 bed terrace, nice rental market in our area but can we be a**ed with being landloards, or sell it making £50k into…
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Survey info
We are FTB's about to embark on the 6weeks to three month experiance of buying a house. However my worry is this, what might the survey say that sounds more alarming than it is? For instance a friend told me that 9 times out of ten they will say woring is out of date. I know the mortgage company will say if there are any…
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50% rise in house prices needed before crash
OK, so I've looked at the whole affordability argument as a reason why the market hasn't crashed. I have to say, it's a pretty strong one. Now if int rates stay at 4.5%, then houses would have to go up from around 160K to around 240K to hit the same unaffordability as in 1989. That's 50%. If prices continue to rise @ 10% a…
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buying a second house to let,waht would you do for the best.
i want to buy a second house to let.ok this is what iv got to play with. my current house is worth £125 000 - £127 000 i have £60000 left on the morgage (repayment) the second property i could get for £135 000 & could rent it out for £1100 a month. so should i pull some eqauty out off my current house & put a big deposit…
