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£10,000 to Invest - Buy To Let????
Recently sold my property and have £10,000 left over to invest in a buy to let property. Wanting advise on whether to buy local to me to manage, what my obligations are as a Landlord (insurance etc). Also want to know whether I should go for a flat first time round until I get my knowledge of the market up. We only have my…
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Have I Lost Deposit/Bond ?
Last Thursday we went to look at a private rented house. I was told on the phone when arranging the appointment if we wanted it we would have to pay the bond of £250 as there were several people interested in it. We liked it and paid the £250. The tenancy was subject to me obtaining work and character references so I…
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Buy to let or pay off mortgage
Between my OH and I we have c £10k. He has inherited his £5k and I have had a bond that has matured for mine. We have two options 1 To overpay on our mortgage enable us to snowball the overpayments to be mortgage free sooner or: 2. Use teh £10 k as a deposit ,buy a small flat on the cheaper end of the market with a view to…
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What else do you need apart from home and contents insurance?
Hi everyone, I hope your collective wisdom can help! I'm about to buy my 1st house with my boyfriend (it's his 2nd as he's selling his flat). We have a mortgage arranged with the Bank of Ireland. I have also had a very tasty quote from Tesco for home and contents insurance (they had a special offer on recently and the…
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British Gas- Property Care cover for landlords
Hi everyone, I think this has been mentioned elsewhere on another thread but I can't find the exact one.. I am about to let out my flat & have been looking online at the BG property care cover...I wanted to ask what kind of experiences other people have had with using this service- good, bad, indifferent (if that's…
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Buying in Dubai
Hi everyone i'm a Brit expat living in Dubai presently looking at buying here. I hear there was a programme on tv last week in the UK regarding buying in Dubai. I wondered if anyone saw it and could take a second to summarise what was said? hope to hear from you, kind regards Alex
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To let or to sell - that is the question!
Friends and family keep telling me that I should let my house instead of selling it, and I'm not sure what to do. My wife and I have just had a baby, and we want to move to a better area in the not too distant future. My house is probably worth around £130'000 and I'm looking to buy up to the value of £250'000. If I let,…
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Am I Meant To Move????
Well just got the dreaded phone call to say that our sellers have now just pulled out of another house, after having the survey done. This has happened 3 times in our chain now and I cannot get hold of his EA to find out what is going on. I want to say that they either move into rented now they cannot find anywhere to move…
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Vacant Possession-NOT!!!!!
Good afternoon: We completed on a property in July- the vendor left the 2 garden sheds full of rubbish as well as various bits of detritus spread throughout the garden. We informed our solicitor on the day of completion...he informed the vendor's brief.... response somewhere along the lines ' we left useful items...if they…
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Fences between houses
We have spoken to out neighbour about putting fence back up between our houses. He wants to continue to use our garage wall as the boundary but he has told us he is selling the house and we are concerned about the implications. He has told us clearly that it is his fence/boundary to maintain and we are all being fairly…
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FTB-Probate sale advice
Back in April my hubbie and I had our offer accepted for a house and were ready to proceed with the purchase. The elderly vendor then got guzumped on their retirement flat and then went into hospital, so we've been waiting ever since until the vendor was in a position to sell to us. Unfortunately the vendor has now passed…
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Exchanged!! Are all our worries now over?
We exchanged contracts on friday, and have a completion date of the 29th Sept. We're obviously really excited, but at the same time a nervous something could still go wrong, as we've had quite a few problems leading up to the exchange. Are all our worries now over? Can we relax and look forward to the 29th in the knowledge…
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Stamp duty money used for deposit
Hi We are buying a flat with a 100% mortgage. As such, we have been assuming that we will need to exchange and complete on the same day as we will not have a deposit to pass over on exchange. I have just spoken to my solicitor and he has suggested that we should exchange at the start of November and complete at the end of…
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estate agent money saving tips
just found my tennants through an estate agent for our house can anyone recommend what are the ways to save money from these estate agent as in todays market rents are not fulfilling the mortgages. thanks
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Seller Not Passed On Window Guarantee!
I moved into a renovated house last year which had all new windows and doors fitted, I have recently had a problem with the back door and when I came to try to get it fixed under the guarantee I discovered the vendor had not passed it on. When I asked my solicitor about this they told me that the vendor claims she has lost…
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House prices just keep on rising
House prices going down or holding steady eh! Doesn't look like it. Where are all these buyers getting the money from? As a non home owner who is completely priced out of the market it's beyond my comprehension. http://news.bbc.co.uk/1/hi/business/5334044.stm Annual house price inflation in the UK picked up pace in July,…
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Seller won't/can't pay for repairs
First time buyer, with an offer accepted on a house. Received information via the solicitors concerning an illegally connected drain on the property, on which the Seller is trying to get the Council to pay for the repairs as their Building Control OK'd the drains when an extension was built in 1992. We have been advised by…
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Subsidence!
Have had an offer accepted on a property - 1930s semi. Needs quite a bit of work, but managed to get a good price (15k off asking price). House is unoccupied as the ownder has died. There is a big crack in the wall, which the daughter has apparently told the EA has been there as long as she can remember, I was also told…
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Buying house in france
I need to transfer a significant sum from a uk based bank account to a French account, I am trying to discover the cheapest way to transfer the money, can anyone help
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private renting problems
Hello I hope that you can help me, my partner and I have rented our house for over 2 years and recently we have had a few problems and have got behind with our rent as I have had to give up work and claim incapacity benefit. We do not get on with our landlord and landlady very well, but we have tried to keep them informed…
