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HOLY BATMAN - Paperwork signed/Survey completed/Mortgage given in 10 minutes
I am GOBSMACKED. I went into my brokers this morning to what I thought was sign some paperwork for the mortgage. Within 10 minutes, the forms were completed and the lender had done an "Electronic Survey" and approved the mortgage. A few more details entered and mortgage was given. HOOOOORAH FTB and have to say, I am VERY…
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Delays and Disagreements
Aaargh! Just as everybody is ready to exchange after five very long months…the buyers below are now disagreeing on a completion date! They have been pushing this for the last 2 months as the top of the chain have been slow. Now the buyer below states one of their parents is very ill and they can not do until October and…
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Buildings insurance for property with previous movement?
I am nearing exchange and my solicitor wants details of my insurance company today! However I have phoned a couple for quotes and they say they won't insure me as the property I am going to buy has had past structural movement. (this was historic and the surveyor says there is no problem now). Does anyone know any…
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Stamp Duty Land Tax Rules
I have been told by a friend that if we were to swap houses with our vendor that we would only have to pay SDLT on the difference. I am selling a 3 bed house at £275k and we are buying at £408k,so we would only have to pay SD on 133k?? Is this right or has that rule been abolished now?
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furniture in the house
Hi, all I am buying a house at the moment. before exchanging contract, vendor is asking me if i want to buy her furniture. there are some "antique" wardrobe, small desk, one double bed and single bed, sofa bed, chairs and dinning table, and bookcase. she is in another country and so the estate agent is selling the…
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House Price Crash
I understand that Martin was on BBC1 this morning saying something like houses were overvalued and going down He mentioned websites like housepricecrash.co.uk I didn't see it but can someone post some more info please
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Save, invest or buy?
We are on track to make £150K+ from our house sale and are looking to relocate within the next 12 months. We are fairly flexible as we don't have kids and don't mind renting for a period of time. The easy solution would be to buy another property, but I do think that housing is over-valued at present and wonder if this…
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USA mortgage
I am in the process of looking at property to buy in America. I want to raise a mortgage along the lines of a buy to let mortgage that we would have in the Uk. Does anyone know if such a thing exists in America? Also any recommendations of where to go for this type of mortgage?
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Help Understanding HMO (House under multiple occupation)
Me and my girlfriend are looking for a place to rent and hoping to share a room in a house and split the rent (of that room) half and half. I spoke to a landlord who said if we were to do this in his house it would be breaking hmo guidelines... Do certain houses have a limit on how many people can live in them and would…
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Surrey/ Kent
What are nice areas in Surrey/ Kent with good secondary schools and reasonable commute to London? I am after 3 bed house, max budget £300k. I have started looking for a property in NW London, but when you see ads like this one http://www.rightmove.co.uk/viewdetails-13025788.rsp?pa_n=7&tr_t=buy, you know it does not make…
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Auction bargains
I've noticed over the past couple of months that a growing number of properties are being sold at auction. Also, a growing proportion of these properties are selling at lower prices than previously bought (nethouseprices et al) This is especially so for flats (sorry, executive apartments ;) ) Has anyone got any more info…
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selling with or without planning permission????
hi wonder if anyone can help, my uncle wants to sell his house. it has 3 bedrooms and huge garden, front, side and back and has had the house valued at £180,000. the surveyor said if he had planning permission he can sell it for another £30,000. he has no idea how to go about this and neither do I. how much does it…
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who should we blame...
selling my house and as i am off work on leave, i am doing the viewings. EA call with the peoples names and times they wish to view, agian the floors are hoovered,windows cleaned, furniture polished. so far in the space of 5 days since the property has been on the market 6 viewings have been arranged and 4 have showed up.…
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How do i start to mortgage a property portfolio ?
Guys, My introductory period for my own house mortgage runs out in a couple of months. I’ll be left with about £80K on a £400K house. I want to use this opportunity to remortgage with no charges to release some equity to consider at least one BTL property in the North East. What’s the best way to do this ? Should I…
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2nd mortgage for 2nd property?
My daughter bought her first house a year ago, it was run down and needed renovating from top to bottom, she got it at a good price and has done it all up. There is a property come up now that she would have gone for hadnt she bought this one last year. What we would want to know is, would she be able to rent out her…
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Just exchanged!!
Just posting to say I exchanged today! Some of you may know or may not know that I was about one week from exchanging on another house about 3 months ago when they pulled out (wanting an extra 15%) so the last week or two have been tense. Add to that I signed the contract and handed over the deposit 11 days ago and this…
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anyone else see London Tonight programme with the girl who had bought 10%?
not sure if already posted, but did anyone see it last night? I only caught a bit of it and all i grasped was that she had "bought" 10% of the flat. how exactly does this work? is it that she owns 10%? then "rents" each month? not meaning to start another house prices falling/rising debate, but to me to it seems that as…
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What happens now??
Can advise me?? We have recieved the draft contracts on our purchase (seller moving in with family so no onward chain), and 2 of the 3 searches are back. The draft contracts have been issued to our buyer and we have given our conveyencer all the details on the lease etc. All valuations are compplete and mortgages have been…
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Anyone used 'thepropertyman.net'?
Has anyone heard of, or even better, used thepropertyman.net? They seem too good to be true. They promise to sell your house within 3 months or buy it from you at the market value. They charge 0.5% plus £120 for schedule and marketing. He's coming out to see me tomorrow and it woul be helpful if I had any knowledge of them…
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House Price Spy
Want to know how much your neighbours house sold for? Or find how much houses are selling for in a specific region the UK visit House Price Spy . Membership is free.
