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cheery repo stories required!
Have just put in an asking-price offer on a repossessed property and now have to wait while the notices go in the papers inviting higher bids. Reading back through old threads about buying repossessions there are lots of people saying how they were guzumped at the last minute as the property was not taken off the market…
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Salary multiples.
Just come off the phone with the vendor of the house we had a homebuyers survey on. Despite the survey giving us some negatives, the current reduced offer is still being heavily negotiated. I guess its crunch time, and just wondered what the bulk of you homeowners have as regard to salary multiple mortgage value. If we…
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Buying selling protocol
Advice please : In the process of buying and selling at the moment - almost there but and theres always a but .Our buyers have agreed to a completion date of the end of September - weve already renegotiated this date from the end of August - now the house were buying dont want to move till the end of November - they are…
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Its all gone wrong!!!!!
First timer so go easy! We had put an offer of £245,000 on a house on the market at £248,000 which was accepted two weeks ago.When we made the offer we were told that someone else has made an offer of £260,000 but not in a position to proceed as they still had not sold their house.Fortunately we have sold and living in…
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Offering when you haven't yet sold
Hello Well we've been on the market for just over two weeks, plenty of viewings but no offers yet :( Is it ever worth putting an offer in on something you've looked at when you haven't sold yet? I am guessing sellers would much rather have someone who is ready to go straight away than have to wait for the buyers to sell…
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Just moved in, no keys for my letterbox!?
Right I have got the key to my flat (leasehold), and the communal entrance. However eachflat has a letterbox allocated to it on the groundfloor, which are locked. I have spoken to the EA to see if the Vendors still have the keys, but they have said they never had one? I'm sure they were supposed to as they were living…
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Do I need to tell the freeholder about Central Heating Installation?
Okay, I've finally bought and got my keys for my flat. I'm currently stripping off the 7 layers of wallpaper and getting the place ready for Gas Central Heating to be installed. The Flat already has Gas present (Gas Heaters). However I am having a full sytem fitted (combi boiler and radiators). Now the Combi boiler will go…
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Its all gone wrong! Nightmare :(
Hi all, Well i am feeling utterly gutted and i need some words of wisdom. We originally got a mortgage agreed in principle with Northern Rock, we wanted to borrow 177k.(100%) We came back with a medium credit score and all was good, they said we could borrow up to 198k, with fixed rate things etc.. Anyway so the flat/house…
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Let only vs Fully managed
Am about to let out my 1-bed flat, have chosen a letting agent but just trying to decide whether to go let only or for the fully managed service. With both there will be a fee of about 250 pounds when they find tenants, draw up contracts but with the fully managed you pay 10% of the rental income (plus VAT I think- need to…
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Survey on house we're buying is awful!
It's a bit of a shock as it was bought a year ago by a builder and extended and renovated. The opening line is "this traditional detached property has been refurbished for sale purposes to a very speculative standard". The roof is sagging, and the report is highly critical of the standard of all the work done. We spoke to…
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renting rooms to friends
hi there We are a family of four with extra space. We know a couple who are waiting to get into their new house and have a gap of around six weeks where they have no accommodation. Before discussing it with them, I would be interested in people's personal experience of renting to someone you know. Also, what is a…
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Sellers' Property Information Form
I've just sold my house (subject to contract) and have been reading through the procedures etc yet to come. I have only just appointed conveyancer, and have received a copy of Memorandum of Sale from EA. I've been reading through a copy of the Sellers' Property Information Form on the web, and one of the questions on the…
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Help the first time buyer, please !
Hi all, After renting and living at home i have decided to jump on the property market and buy a first time home/flat. I can put 25% deposit and need mortgage for the rest. Basically the 75% is around 7 times my earnings and I kanow that most lenders only would consider around 4 - 5 times your earnings. Are there any Good…
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Is EA having me on?
My second offer for 297K for a house at 304.950K has been rejected. EA said, they are looking for 300K+ and have had two offers and one of them has yet to sell their house. Since I am in a strong position, cash buyer with no chain and seller is emigrating in October. I told EA for the sake of 3k, won't it be better if…
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To Survey or not to Survey?
I have a property under offer and Im looking at the costs for a Homebuyers Survey and frankly its a bit steep, my Father and I have both looked over the property and it appears in good condition, he has been a tradesman for over 30 years and worked on roofs, building, drainage, etc The house is only 30 years old and our…
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buying house for relative to live there
hello everyone- first ever post so please be patient. My husband and I (sounds odd!) are buying a bungalow for his widowed mother to live in. She basically has no assets apart from the bungalow she already owns. The plan is she will relocate to our bungalow and live in it rent free until she dies or has to go into a home.…
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proving proof to support offer..
I've just made an offer on a property for 120k, however understandably the agents won't finalise the offer until I can provide evidence to support my offer. Now here's the dilema .. I've lent 8k to a friend (which I had invested in NS&I bonds, and show on a bank statement) My partner has 8k invested in NS&I bonds which we…
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What to offer?
Hi all After a bit of advice. Viewed a house yesterday, and we really like it so we're now looking to put in an offer. The house is up for £175k. It is approx 5 years old. The current owners have only been in there for 3 months, and are moving out due to personal circumstances (work related) which I can understand. It's in…
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Help needed - defective lease?
Hi there, I've just read the lease of a flat I'm hoping to buy and it says that part of the "demised premises" includes a garage built in the garden. It can be seen on the plan of the garden but the problem is is has been demolished - it's no longer in the garden. I'm worried because the description of the demised premises…
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What year was my house built?
How do I find out the year that my house was built?? Is there a website or do I have to pay somebody to tell me (solicitor etc?)
