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How much will my 79 yr lease affect the sale of my flat?
Is there anything to be said about leases under 80 years? 79 years is surely a long time, certainly a lot more than a mortgage lender will be concerned about. I imagine extending the lease another 90 years will not add much value to my flat, but will the existing 79 put most people off?
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Save for deposit or pay off debts?
Hi, Any help appreciated. Me and my boyfriend want to buy a house in Oxford and to do this we'd be looking at a property in the region of 200 - 250k. We have no savings. I have 8k of debt and boyf has approx 15k. We're paying this off quickly and if we weren't buying a house would expect to be debt free in less than 2…
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should i buy this flat?
i have sold my present flat for £192k good price as the lease is 62 years. I now have the trouble of finding a flat in central london. I say trouble becouse there is a mini boom going on. No offers accepted and places going in 1 day. I saw this place today http://www.foxtons.co.uk/SS/chpk0131594 it was the best place i…
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Should I buy my parents house?
I posted a similar message on 'silver savers' for my mum, but from my point of view, perhaps it's better here, so apols if anyopne already read the gist of it! I know that there is something about a 7-year-rule when people are 'given' houses or money, to avoid stuff like inheritance tax (we're not in that league believe me…
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Registered Company at a residence address..
Hi all, I have a query. My wife has been offered a job with a company who is opening their first office in the UK. As she will be the first employee in UK they want to make her a home-based employee and also wants to use our residence address as registered UK address of the company. I was wondering if it’s possible to use…
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Lease valuation
Hello, I've approach the vendor of the flat I'm buying about extending the 80 year lease for me before we complete, to avoid marriage value. Not sure if they are agreeable to this yet, however, they have approached the freeholder about the price for the extension. Either the freeholder, or the management company who act on…
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New House - Snagging and 'Settlement Cracks'
Hello peeps...wondered if some of you are able to help me in my latest crusade? Some of you may remember that I have had problems getting into my new build (it was six months late) but we eventually managed to get there, and we've been in for just about a month now. The problems I'm having are two fold really, and I'm…
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mortgage payment when moving
hi we are due to complete on friday 9th we have just paid a mortgage instalment on the 1st, but this wont have been included in the settlement figure does anyone know what will happen? will we get any money back?
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Sole agency agreement but find a seller myself
I've instructed EA three weeks ago, signing a " sole agency agreement". This week I also submitted my house on the web site www.houseladder.co.uk . A buyer has now approached me without contacting my EA. Can I sell without my EA. My contract only states I will be liable to pay fees if "sale of the property is with another…
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What Home Improvments Increase House Value?
Need some help: Can people give me their opinions as I really have no idea which house improvment jobs to do and which ones are not worth the money. I have a 4 bed mid terrace valued at somewhere between £70,000 and £85,000 depending on the estate agent. The house has a new (ish) bathroom and a kitchen that I have not…
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Share of freehold
I am buying a flat with leasehold plus sof...does this mean as each flat owns a share of freehold they just grant themselves very long leases ie 999 years...or if less they can just renew when they need to ie if its 99 years renewal would cost nothing and just be paperwork? Sorry if this is a dumb question:confused:
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Problem with Empty House
I am in the process of buying a house for myself and I intend to complete on the 21st, the place is empty and has been for a while, so I have been making periodical visits to check it is OK, and apart from the garden which is now jungle, it has been fine. However today I find that some toe rag has nicked the gas pipe that…
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House Price Website and my Purchase
Hi all... I am selling up and relocating to Uckfield in East Sussex... with so much uncertainty it seems in the house market I'd be tempted to wait but we are already under offer in our home (and for the asking price). Also the move is associated to a relocation package through my work, and I want to get settled somewhere…
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Interest rates & the General election
Hi all It is my belief that the interest rates will continue to rise for a year or two yet, and then start to fall again in the period leading up to the next general election, which is due in 2009 or 2010 I think Mr Brown will be putting measures in place, to get the rates down before the election, as he wants our votes.…
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Need a Mortgage and some advice please
Hi all Following on from my thread here :- http://forums.moneysavingexpert.com/showthread.html?t=207470 I have been trawling through all the various mortgage sites Martin has recommended, and come up with a short(ish) list. The best deals I have found, after totalling up the monthly repayments, adding on all the fees,…
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Removal Firms
Just been searching and couldn't find anything on removal firms... I just wondered if there is any such thing as a removal going rate?... I have no idea what a typical removal might cost.... in my case I am in the early stages of searching for a new home but the move will be around 40 miles away. I'm doing all the sums and…
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Absence of Easement Indemnity Policy
Hi, Would be grateful for some advice as follows. I'm in the process of selling a property which is situated on an unadopted road. THis road is classified as a Byway Open to All Traffic, i.e. public right of way. When the house was purchased the previous owners signed a letter saying they had had right of access over the…
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to buy or not to buy?
Have opportunity to buy 'showhome' on housing estate near motorway links and train roots etc for less than market value if very quick. Will then want to rent it out as can use buy to let loop hole as in armed forces but not sure wether it is a good time to buy now or not. In a way don't need to buy for 3 more years but…
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DIY Conveyancing for house sale
I have accepted an offer on an investment property from the current tenants. The property has no mortgage and is freehold. Does anyone know if doing the conveyancing myself would be straightforward? Any sample contracts or a good website would be very helpful. Thanks Sal
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house insurance
Looking to insure a holiday home in Ireland Thanks for any suggestions
