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Deposit on pritae rent house?
Hi, I'm just enquiring here, i have a council place but am desperate to move to london so am considering giving my council place up and renting privately, i was just wondering roughly what sort of deposit i woud need to rent house thats say £1kpcm??
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How much deposit should i return ?
I am about to do a final inspection on a property with the first tenant that i have ever had to evict. In view of all the deposits which have been so unfairly with-held, i wonder what everyone's view will be on this ? my tenant moved into the property in May of last year with her toddler daughter, dad acting as guarantor…
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Can you check if someone has an asbo
We have recently bought a brand new btl property, within a few days of our tenants moving in, we got a call from the sales office to say that someone had spotted our tenants and said that they had been kicked out or repossesed from their previous property and that they were a nightmare. Spoke to the management co and they…
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ourproperty.co.uk
I did a search but couldn't find anything on this forum for http://www.ourproperty.co.uk This will give you the actual selling prices (as opposed to asking prices) of properties in a street or postcode area and I found it very interesting and useful. Disclaimer: I have no connection with the site other than as a user
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Warning to would be Scottish Landlords
Since November 2005, some (not sure if this applies to all but worth checking on) Local Authorities introduced new regulations re Anti Social Behaviour by Tenants, it is now the responsibility of the Landlord to ensure his/her Tenant behaves in an appropriate and responsible manner towards others, should the Landlord fail…
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buy to let or normal mortgage
I am looking to buy a house which needs 6months work on it, should i get an intrest only buy to let mortgage or a normal one, as i plan to rent it out after the 6 months work or have a normal one then switch after 6months. Also in 5 years i plan to live in it would i then need to revert back to a normal morgage .can any…
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moving mortgage
I am thinking of moving my current mortgage on the house i live in to a buy to let and then buy another house . Then i will let my curreny house out. is this a good idea ? also how do i go about it will i get a buy to let while i'm still in my house Thanks
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Council Tax and empty house
Hi I hope someone could give me some advice My brother-in law is planning on buying a house with his partner, she has sold her house already but he is finding it difficult to sell his house, they are still going to buy a new house whilst waiting for his to sell, does anyone know if he will still have to pay council tax on…
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newcastle - renting/buying area advice needed
I'm about to rent in newcastle for circa 6mths before buying, and have never been there - any good mid price areas, easy transport to shiremoor & town. I'm thinking whitley bay but it could be blackpool in disguise for all i know! also maybe Holystone but really don't know one area from the other. Also a good/cheep hotel…
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Some advice please
I am trying to help my friend, a lady of 58 years . She is trying to buy a property for 205000 and has 150000 to put down as a deposit. She is wary of the estate agents advisor who seems to have personal motives to do her a deal. She is buying as she pays £650 in rent at present and thinks she can reduce her monthly outlay…
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Tenants In Common
My husband an I own our house as Tenants in Common. I own 95% he 5%. He wants to sign over his 5% to me therefore me owning the house 100%. The land registry have said this is not straight forward and will need a solicitor to do this for us. We can't really afford a solicitor so was hoping to do at least some of the "leg…
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who to put on the mortgage
hi all have just put an offer in on a property and unsure whether to get mortgage in my name , joint with partner or with mum... basically, my nan/mum and myself ar putting the deposit down (20k) i work for an estate agents so my mortgeg will be easily sorted was going to do it by myself but am concerned that it is such a…
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Joint Venture in Canada
Hi, I'm totally new and naive in the property world, so wanted to see if anyone could offer me advice. This EA is offering a joint venture deal for a commercial property in Canada. I buy a share (there are 19 shares) - I have to pay half of the share...and the other half mortgage (their mortgage). A rent is paid to me…
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BTL and gross yields
It used to be said that people buying houses to let needed a gross rental return of 8% in order for buy to let to be a good investment. With recent house price inflation, people are prepared to buy houses giving a much smaller yield as they expect the value of the house to increase. Do people here think that new buy to let…
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Offer Dilemma
In a bit of a tricky situation. We put our house on the market 5 wks ago and were offered £10K+ under the asking price in the second week, which was then upped by £4K. We refused as we knew that the buyer had foolishly told us they were looking in a much higher price bracket (£50K+ our property price) and we guessed that…
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most under priced area to live in USA
were is it?
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Estate Agent not passed offer on
We have just found out from a prospective purchaser that they put an offer forward for our house about 2/3 weeks (an offer which would have been acceptable to us) but we have never been advised by the EA! They called round to our house to find out why we haven't responded, but obviously this is the first we have heard of…
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What do people hate most about EAs?
I would say it was lying.
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Sell my buy to let or keep?
In 2002 in sad circumstances I inherited a 3 bed detached house in a nice part of Milton Keynes. For inheritance tax purposes the house was valued at £160,000. The house is probably worth £215k now. To buy my brother out of the house I had to take a £130k mortgage, I got a discounted deal for the first year and am tied in…
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Housing Association Query
A friend of a friend rents from a Housing Association and says they are being offered money to move out. The place is not being demolished or anything and will be re-let to someone else. Is this common and if so what is the advantage to the Housing Association? I can see the advantage to the current tenant about £30k to…
