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Consent to lease charges - Legal?
I have to let my flat because I'm being posted by the army. My mortgage provider -Intelligent Finance- has told me that I have to pay them an "administration" charge of 0.25% of the capital balance every 6 months. This equates to £575 per year. I asked them what this adminstration consisted of and was told that the charge…
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Renting in Kingston upon Thames.Questions
I am planning to rent a flat in Kingston upon Thames. I am quite new to house renting (having lived at home and then hospital accommodaton all my life. I have been to the estate agent and will be viewing a property tomorrow. I have a few questions that other board members would be able to help me with. 1. If I rent through…
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Barratt Homes Contract Clause - Can this be legally challenged?
Hi, Sorry but I couldn't find a more appropriate forum to put this under. I have submitted plans to my local council to build an extension on my Barratt Home which was built in 1984. I have a mortgate on it with Britannia (I purchased the property in 2000). I have a copy of the deeds in which Barratt state "not to erect…
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Barratt Homes Contract Clause - Can this be legally challenged?
Hi, Sorry but I couldn't find a more appropriate forum to put this under. I have submitted plans to my local council to build an extension on my Barratt Home which was built in 1984. I have a mortgate on it with Britannia (I purchased the property in 2000). I have a copy of the deeds in which Barratt state "not to erect…
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Reality of the property 'ladder'
This is the first mainstream article I've come across that acknowledges the fallacy of a property 'ladder' under current conditions. I get the impression that many first-time buyers do not consider the possibility that up-sizing may not be financially possible. A common misconception seem to be that rising prices equals a…
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Falling prices means less new builds
Many of us look forward to house prices falling to more affordable levels. However, there may be a sting in the tail. House builders own lots of land that either has planning permission or could probably get planning permission. If prices fall significantly, the large house builders will probably lay off many workers and…
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Don't respond to ignore Bruno postings!
It gives him a kudos that is not deserved. :) GG p.s. DAMN! Done it again.
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House valuer was selling double glazing 6 months ago!
I am looking to buy a house (currently STR). I was chatting to an estate agent in the town after viewing one of his properties - he did the valuation. I asked how he came to the valuation figure - he stated that he 'reckoned' house prices are still going up and added £10000 on the asking price of a similar house in the…
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Any landlords out there ?
I let out a property and the insurance renewal is due. The quote I have from my existing insurer, Homelet, seems high :eek: . Does anybody know any insurers that cover let properties, are competitive and include legal expenses incase of need to evict. Thanks folks.
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Water in cellar
I have just had a surveyor completed and it has come back with a number of potential problems including water in the cellar (an inch) and damp on the walls. The survey recommends that I should get these problems sorted before I purchase the property. After speaking to the surveyor he recommended that I should get an…
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How long is a piece of string
Buying a new build Wimpey house (been through all that so don't go there) it's a three bedroom detached house brought off plot. Does anyone have any experience of how long it takes to build? Or the periods of time for the various stages they get to? Tricky question I know. The current state of my house is that it seems…
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Level of survey we should have
We've had an offer accepted and are now trying to decide which level of survey to have on a house we are purchasing. Previously we've paid the mortgage lender's survey fee plus a couple of hundred more which 'upgrades' it to Homebuyers, but this option doesn't seem to be available. We have looked at local surveyor's which…
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finally exchanged!
well i have finally exchanged after weeks off being fobbed of by the sellers the house was bought for 92k at the end of may and will complete at the end of july ,simalar properties are now on the the market for 99-100k i had to gamble by telling my solicoter if they did not exchange by yesterday i was withdrawing my offer…
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Managing agents have gone out of business - where's my deposit?!
Hi there. I live in a flat I've rented privately for four years, through a managing agent (the landlord lives in Ireland). Yesterday my next door neighbour, who knows the landlord/owner, knocked on my door and passed on an email from the owner saying the managing agents have gone out of business and can I please pay my…
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Is this EA out of order??
I'll try to be brief! Two identical 4bed houses 1 & 2, same road. 1 has been on market for a while with EA A at £240k. 2 is identical but has much bigger and nicer garden and has better decor. 2 comes to market @ £250k with EA B. Both are above our top budget of £225k but EA A says that vendor of House 1 is desperate and…
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those quick sale companies..your advice please!
I am looking to sell my 1/2 bed flat in London W12 as I am emigrating in Sept with my wife to start a family. I need to sell in a hurry. My flat has been valued at £400k and I will accept £350k. I cant go any lower. Has anyone dealt with one of those quick sale companies? Can anyone recommend one for W12?
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how on earth can we sell?
Hi all, Got a problem here that i'm hoping some more experienced house sellers can help me with. We moved into our house a couple of years ago as first-time buyers. Unfortunately we have a neighbour from hell and we would love to move out. But who is going to buy our house now? It would normally sell quickly as it's a…
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Still on the market!
Our house is still on the market as the buyers couldn't get a mortgage for the £160,000 we are asking for it. :rolleyes: Still, that's not the reason i'm here: If we sell the house, which is in Joint names (me and Hubby) for the £160,000 what will the Capital Gains Tax be on the sale? It was valued for probate at £120,000…
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How to determine rental value?
I'll try to keep this brief... my bro isn't the best with cash (pfffft!) and over the past few years he's ended up owing my dad thousands plus dad remortagaged his own house to buy the house my bro currently lives in. Bro is hoping to be able to buy it off my dad once dad's FRM expires but, given bro's credit history and…
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Buy to let - stupid question!
May be a silly question. I live with my partner - don't have a mortgage. Thinking of buying to get on the ladder and then renting out. I know you are SUPPOSED to get a buy to let mortgage but know the deposit is much higher which makes this more or less an impossibilty. But what stops me buying then renting out a month…
