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IFA or solicitor
I originally posted this on the Pensions forum but I think it may be more appropriate to this one! :confused: I am 60 years old and intend to work till at least 65. For various reasons I still have an interest only mortgage ( about a quarter of the value of the house) which will be paid off when I sell the house and…
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Buying Flat with problem Freeholder and cagey vendor: should we proceed?
Hi there, This week we were about to exchange contracts on a 2 bed flat (in a block of 12), for which we won a sealed bid back in May when the market was a little crazy in London(we bid 20k over asking price). Just as we were about to exhange our solicitor uncovered the fact that there were major external works to the…
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When must deposit be returned?
Hi all, I help out a relative who lives abroad and owns a couple of flats here. I find tenants for him etc, so he doesn't have to use an expensive letting agent. He's just sold one of the properties and the tenants moved out last week. They are hassling me for their deposit (even though I've told them several times now…
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Deposit Refund from Landlord
I have been having some issues over some monies due to me from my deposit, and would like some advice concerning this matter. My deposit was £625, when it came to us having the deposit returned we were given £257.88 back. This was broken up into Rent period , cleaning bill (no receipt), curtain rail replacement (no…
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Will I have to pay Captial Gains Tax?
Hello, A year ago I moved out of my flat and re-mortgaged on a buy-to-let basis to fund the purchase of my current place. I've had tenants in for a year but now I need to sell up both places to relocate. I have heard that if I sell up within 3 years of letting it that I would not be liable for capital gains tax. Does…
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Prc Pre Cast Concrete Mortgage
Does anyone know of anybody ,whom will give a mortgage on a WATES type PRC in Barnsley S, Yorkshire. I wish to sell my "original condition prc" which has not been bricked but the one next door has If you know of any, can you provide relevent details / links thanks jud
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Radio5 - houses to rise 40% in 4 years.
Some eggheads from the Oxford Forecasting group (something like that) are predicting this. Taking the average house price to £300,000. Seems unlikely, but I suppose their crystal ball is as good as anyone elses.
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Moving home - steps required?
We have decided to move home to a more expensive property in another area. I'm just about to instruct an agent but was not sure what order to do thing in. Should I do things in this order? 1. Intruct agent to put property on market 2. Find another property and make an offer. 3. Get a conveyencer 4. Apply for a mortgage…
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Advice please on buying with previous bad credit history
I am hoping that someone in the know can give me some advice. My husband and i accrued a significant debt (around £50,000). We have had a DMP with the CCCS since 2002, recently paying £1,187 per month, with only £3,000ish left to pay (last payment due in October but have money to clear this now if appropriate). We own our…
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CGT on property
Hi all. I have just sold my only property which we bought in Dec 2002. We both lived there until October 2003 but then moved out due to my husband being in the army and us having to move to Germany. So we let the house out. Would we have to pay any tax at all? We bought the property for £95k and sold for £140k. Whilst we…
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Mortgage in Principle
When getting a mortgage in principle, is this for a fixed amount? I am currently looking at two different properties which vary in cost: 110,000 and 112,000 Is the certificate handed over the same day from the broker?
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Increase the value?
:A Hi I was just wondering if I added an en suite to my large bedroom, how much would it increase the value of my home, if any?
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Selling in Glasgow
Having been on the market for last 7 weeks or so, our house still isnt sold. We received an offer 4 weeks ago and thought everything was going ok but buyers are refusing to sign missives as they have a house to sell. There has been a lot of interest. We have had to chase and chase them to find out what is happening and…
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list of questions to ask tenant
im soon to be letting my spare room and after a list of questions to ask the possible tenants, does anyone have a list they can paste for me or point me in the right direction? I dont want to not ask enough but at the same time i dont want to come across as a too intrusive
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sell first to buy later?
we've just looked into buying a place off plan but don't have the enough cash to cover the deposit (approx. £11,000). We currently have a mortgage on a flat that would free up about £50,000 equity if we sold it now, which is exactly what they advised us to do. This was so that we'd also qualify for their 'assisted move'…
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How long does it take agents to put up SOLD board normally??
We had an offer agreed on a house we are buying this week. I told the agent it was subject to being taken off the market immediatly and he said he would cancel all viewing etc.. also he said he would mark it as SOLD STC on the internet site (which he has) and that the board would go up. It has been 5 days and the FOR SALE…
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is selling land a good idea?
Hiya, I have a very big garden, dnough to build another house and for both house to have a decent size garden. Would I be able to sell the land and would it be better to get planning permision first before I tried to sell the land. How would I go about this, any help and advise would be appreciated.
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Shortest time possible to exchange and complete?
Assuming a cash buyer and no chain anywhere, what is a realistic time scale to exchange and complete on a property? The seller has all relevant info collected and to hand as a previous purchase fell through on the point of exchange. All parties are keen to get the deal done quickly as all want to move asap
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Is buying a house in my current situation possible?
Hello there moneysavers! I am just posting to see if you can help me please. Pretty pretty please. (Also sorry if this is in the wrong section) I'm 19, currently still living at home. I've come to the decision I NEED to move out, and I would much prefer to buy rather than rent as I feel it's just money down the drain as it…
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Boiler cover plans
As a newish landlord I think its prudent to have some sort of boiler cover (if only for peace of mind). However, there seem to be a number of plans from different companies, ranging from the cheapest Ive seen at £8/month from npower for boiler cover alone to around £26/month for everything covered (boiler, pipes, plumbing,…
