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Sold privately, advice needed please
Hi all I am in a very fortunate position of having almost sold my house privately. I had my house valued a few weeks back by 2 EA's. The valuations were within 5K of each other. A local couple (who would be downsizing) got wind of the fact I was beginning the process of selling up, came round and expressed an interest in…
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Buy To Let Rent to Mortgage Advice
Hi I have spoken to two seperate mortgage advisors in the processes of purchasing my first buy to let property and they have both given me conflicting information, would anyone be able to advise. I am told that the rental income needs to cover 125% of the mortgage, which both advisors have informed me, but the differing…
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Buy to Let
I am at the beginning of buying to let and I need some sort of account to channel it into. Do I have to have a business account or can I use an ordinary current account? I suspect that the bank wants me to have a business account so that they can have a slice. I will be cascading the purchases and remortgages and building…
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House Salvage
Hi all, My home is being purchased by property developer and I was wondering if anyone on here has had their contents (kitchens, fireplaces, bathrooms, doors, balustrading, fences etc) bought by House salvage firms - and how the experience was. Also would appreciate a recommendation of a decent firm in the vicinity of…
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Solicitor ordering mortgage money early
Hi I have a completion date of 15/06/2006 and have just been advised by my mortgage company that my solcitor has order the mortgage monies to be released on 09/06/2006 - so it will obviousley be sitting in their account for 6 days earning interest whilst I have to pay interest on it to the mortgage company. Is there any…
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advice on flipping a property
hello, i have am in the process of buying a property, which I wanted to resell immediately. I have found two interested buyers and I have released the property's details to them, except the address. Now both want to view and this is my concern. The vendor is emigrating and needs a quick sale. I wanted to buy and sell, but…
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homebuyers survey done-didn't point out windows need replacing
We have just about moved into our new home - day before our little girl arrived into the world. we had a homebuyers survey done but when weve moved in it appears that most of windows in conservatory need replacing - just the glass. Do you think we have grounds for complaint? td
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What influences you to purchase a property?
If you were buying a house in the countryside, would you purchase a bungalow, a bungalow with a loft conversion, a storey and a half or a 2 storey if they all were the same size and all had the same rooms? Would you prefer a corner bath or an ordinary bath? What colour would you prefer the bathroom suite to be? What would…
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The Property Ladder
Can anyone explain how this works? I'm a prospective first time buyer and i really dont understand how this works. I want to know how you climb the ladder. Do you buy your first house for say £100k with a big mortgage, then watch it rise in price while paying off a chunk of the mortgage (hopefully). the sell up and get a…
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Renting Query
Hi all, First posting so please treat me gently. Going to rent for first time. I want a GUARANTEED long term rental of the house (maybe 10 years). My potential landlord says he cannot GUARANTEE that I could stay there for this time, but he said I would likely do so as far as he was concerned. He said he could not put this…
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buyer complaint
hi we have sold our house 1 month ago and settling in well at the new house, we have just recieved a letter from our solicitor which was passed on from our buyers solicitor complaining about a broken window and he wants us to pay for a new one, he also wants us to pay for a new carpet in the front room etc etc. new our…
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New Houses & commercial vehicles
Can anyone help with the following problem please? We are desperately lookin to move and would prefer a brand new house or relatively new one and are encountering the problem that as hubby works for a utilities company and is on call has to park his vehicle at home. We have been advised that all housebuilders now and many…
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Is land my land?
Hope someone can help with this? When I bought my house it had a prefab garage on the side, I an an end terrace adjoining a council owned open space where people walk dogs etc. The garage is only really used as a workshop as in order to use it for a car you would have to drive across part of the council grassed area which…
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New builds + snagging + retention of money.
We currently live in a house bought from new...it took the builders 2 years to get all the faults fixed...and we weren't talking finiky stuff like a slip of the paintbrush, but shoddy plasterwork and fittings and an extractor fan that didn't extract. We're trying to buy a new house again, so asked the solicitor to enquire…
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Withhold last month's rent?
We'll be renting for a short period this year between house moves. I've never rented before, but hear so many stories about deposits being unfairly retained by landlords at the end of the term for petty reasons...obviously seen as an easy earner! Therefore is it common practice in anticipation of this to withhold your last…
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Almost there but.....
Right, our house purchase is almost ready to go through (16th June hopefully) but not yet exchanged. I now have a worry: When we viewed we were told that the gas boiler had recently been serviced. Our solicitor asked for proof of this many times and they sidestepped the question so now we finally get an answer from them:…
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Is it the right time to buy??
Is it the right time to buy?? Any views would be appreciated..... With intrest rates etc is it worth the risk nowadays getting a big loan or better off renting....
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How to ask the vendors for lost fees?
Hi guys, As my sig says, our vendors pulled out on us, leaving us dry of 3 months of our time and energy and 850 pounds of our hard earned cash. We know that they are not obliged to refund us jack, but there is nothing to lose in asking, is there? Problem is our sh1tty sollic refuses to write the letter for us. My boss has…
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To Survey or not to Survey?
Hi All, I am in the process of buying a 3 bed terraced (c.1928). I have received my mortgage offer and obtained a copy of the mortgage valuation from Bristol & West. The report states that '...no essential repairs are required...' and that the property '...has been adequately maintained and in a condition consistent with…
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Coming home from France
My friend is female and over 60. She lives in France and owns a house which is on the market for around £130,000. She wants to return to England. The house market in France is very 'flat' at present and it is not anticipated there will be an early sale. She has seen a bungalow in England she loves and it costs £160,000.…
