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Delayed completion
Just a quick question to anyone who may know the answer: Am buying a new build and have exchanged contracts, all well and good. However, we would like to delay the completion date (already agreed) to have some flooring laid. Builder says we will be charged 'interest' as we are not completing as agreed. Is this the case, or…
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Chasing solicitors annoys me
Thats all I wanted to say really:mad: :mad: :mad: Am currently ringing them at least once a day to see what's happening. It seems that things only move along when I make a phone call chasing them up...glad I changed to primus option 3 (call all non mobile numbers anytime for £3.49 each month) during the offer a couple of…
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Ive sold my UK B2Ls to invest in Morocco
If anyone is interested Im more than happy to give advice based on my experience. I chose Morocco as it is IMO the best real estate investment to to be had. The main developments in Morocco are being built by some of the largest developers in the world, such is thier confidence in this maket which has a 12 month season and…
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Why do people see their home as an investment?
I often see many people refer to their home as an 'investment'. I cannot understand this. You buy a house (asset), you take out a mortgage (liability) and try and pay it off for the rest of your lives. How is this an investment? The only way I can see this as an investment is if you eventually manage to pay off the…
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stamp duty query
hi all i should know this really but i'm finding myself stumped. i'm trying to work out whether stamp duty would be payable in the following circumstances. Property is currently owned by 4 people, 25% share each. One party wishes to buy out the other 3 parties. Overall property value approx 150k, therefore each party owns…
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Management supplimental enquiries
Does anyone here know if it's common for a seller to have to pay the management company to get them to fill out the 'Management supplimentary enquiries' form? Just wondered as we're right on the edge of completion and our buyer has asked for this to be filled out. Turns out the management company have to do it and they're…
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renovating barn for business use
I currently run a business but would like to look into renovating a barn to hire out for wedding receptions. It will not be a permanent residence for anyone so where do i stand with planning permission.Also can it be on amenity, grazing or agritultural land as it will not be lived in. Any advise would be fab- thanks!
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Time on the market
Hi, I'm a long time reader of this forum, first time poster. My 2 bed terrace has been on the market for 6 weeks and we've had about 20 viewings but no offers. I was just wondering... with everyone's experience of buying and selling in recent years, is 6 weeks a long time or am I just being really impatient :o ?
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Just exchanged!
I exchanged on the sale of my house yesterday, and although I've not posted before on this matter (for fear of cursing the sale) I have been reading the advice/others experience on here and it has been a huge, huge help. I'm currently working in Australia and have been here for 8 weeks and it has been a nightmare trying to…
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buying the freehold versus ground rent
Hi I would appreciate any advice i have been paying ground rent on my house for the last 30 odd years but have just had a letter saying i can buy the freehold for 750 plus about 300 legal costs ionly pay £10 ayear I have abig garden does anybody think its worth it the lease is 999 yearswhat advantage would it be for me Any…
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First Time Buyer's Guide To Mortgages
Official MSE Insert: If you've arrived from Google, our First Time Buyer's Mortgage guide may also be useful. Back to the original post... Please everyone remember that this is not a definative guide to mortgages, simply my own interpretation and opinion. Therefore don't start having a go or trying to prove me wrong by…
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solicitor's fees
I have been quoted £495 + vat for a solicitor to look at a lease for a property that I wish to rent. The lease seems fairly straightforward so I just thought it would be sensible for a solicitor to cast his eye over it. I had no idea it would cost this much. Is this a reasonable amount? Can they charge what they want and…
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Exchange and complete on same day
Hi We are due to exchange and complete tomorrow but after reading some posts people say this is not a good idea and 'far too scary' why would this be. Thanks
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Rights of way, parking allocation & other problems...
My partner and I found our dream house at the beginning of January this year, made an offer immediately, and we're still trawling through problems – in fact I've posted here before with queries on the same purchase. The property is a barn conversion and there have been all sorts of issues with it, including lack of…
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Buy leasehold or buy freehold
After looking for some time to find the right property, we have put in an offer on a grade 2 listed maisonnette which is above a card shop. However, we have since seen and fallen in love with a freehold cottage. I'm trying to go through the pros and cons of both properties, but i'm a little confused as to how much of a…
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Letting agent compensation to tenants
If a tenant had rented a property through a letting agent, where the agreement was explicitly for the tenant to pay rent each month through standing order or direct debit (i forget which), but the letting agent never sent or otherwise provided the forms to register for the routine monthly bank transfers of the rent…
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New Build Contract
I have just received a contract from my solicitor for a new build i am buying next year. Just reading it and it all seems like a lot of legal jargon. but i was wondering if there was anything investors would expect to have in a contract particularly for new builds? I notice the developer seems to be able to change the size…
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Tenancy end date disputes
Do landlord and/or agent have grounds to claim extra days' rent from a former tenant, for surpassing a tenancy vacation, date in circumstances where: a. the agent's employee agreed with the tenant on a particular date to vacate which was (known to the agent to be) a few days later than the contractual end date because the…
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Help compiling a letter/signed statement please?
Here's the story. We're purchasing a flat from my in-laws (FIL will be freeholder/landlord). I received the draft contract yesterday to check and there was a clause stating that we are not to make any structural changes/alterations (I believe these are standard comments?) anyway my in-laws have already said that we can…
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Advice needed on building work....
We have had an offer accepted on our dream house. We knew it needed a lot of work doing but the survey has come back with even more work that needs doing. My question is how do we go about finding a company that will do all or most of the work in one go? Or is it better to get all the different trades in separately? Our…
