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Commercial property I viewed today: good deal or not?
I viewed a commercial property today in a town in the north-west of England. Nothing special about the town or the premises, really... but they are centrally positioned close to the town's main crossroads, across from a supermarket [with car park] and within 2 minutes walk of the train station. A pretty good location…
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The Equity Ladder
The term 'housing ladder' is actually meaningless drivel and was concocted by estate agents to convince ill informed people to exchange their life savings for overpriced assets. Houses are an investment and like all investments they have good times and bad times. Right now is an awful time. Equities currently offer…
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House Inherited
My fiance and her 3 brothers (one who's only 11) inheritted a house when their mother died. Her youngest brother now looks like he will be coming to live with us. The trouble is they're all wanting to sell the house but unsure of what can be done as the house is held in trust for the little brothers share. One of the…
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CGT and PPR relief - PLEASE HELP
Any advice would be greatly appreciated. Here is the story* Bought property 1 in 1994 for £100k * Lived there until 1998 at which time I moved to Australia to go to University. Rented the property whilst I was away. * Returned to the UK in 2001 and moved back in to property 1. * Bought property 2 in 2003 and moved there…
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Buying in America
I want to buy a property in New England, a good all round rentable property because of there also being a ski season there. How do I go about getting a mortgage to cover? Can you obtain buy to let financing for America? I look forward to some expert advice!
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Postal Strike + Bank Penalty Charges
Banks are looking to cash in on the national postal strike by hitting customers with penalty fees if they miss payment deadlines on credit card bills http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=486032&in_page_id=1770 The banks, which are in line for a huge windfall, have indicated there will…
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Renting and Landline Phone
Hi, Can anyone help? I have searched extensively and couldn't find anything on this. We are moving into a new (old) house tommorrow. It is a large terraced victorian house and has definately had a phoneline in the past. I phoned BT to change my phoneline from the previous address to the new one, and all the details were…
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Tenant Mail
I'm receiving Mail (since 2004) for a tenant who has returned back to their country of origin. I have sent back every single letter unopened back to the sender, could my property be black listed? As the mail seems to be from creditors! :confused: Thanks in Advance
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Interest in Possession
Not sure if this is the right forum and if I'm even on the right website but..... If a person has a legal write to reside in a property, they are said to have an "interest in possession". Let's assume it's an elderly family member who has the "interest in possession" and a son is the legal owner. What exactly does…
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Renting 'now cheaper than buying'
http://news.bbc.co.uk/1/hi/business/7029832.stm The BBC don't half state the obvious! :rolleyes:
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Nightmare Letting agents!
Hello! We have just moved into a new build flat and have had some problems with our letting agents. - It took them between 3 and 4 weeks to set up the Standing Order dealing with the rent, they also set it up on my partner's account even though there was only my signature present on the form! (Or is this an issue to take…
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Selling and Letting at the same time!!
Ive got a three bedroom, semi in cheshire which has been on the market for a couple months. I dont actually live in the house so with the bills and mortgage im throwing away about a grand every month. Could i put the house up for let as well as keeping it on the market? or is it one or the other? Anyone else in a similar…
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Help - think it may go T!TS UP
Put my house on the market end August ... under offer within 5 days. Offer accepted, a few minor tweaks to the written offer and sent to buyers solicitor with deadline. My solicitor has now been chasing buyers solicitors for response, but to no avail. Have checked with buyers solicitor and they have not sold their house…
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Council house valuations
Hi hope someone can help me. In 2005 I put in to buy my council home it was valued at £85.000 But at the time I was unable to purchase. So last month I put into buy it, again and the valuation was £110.000 WOW I said thats a big increase I was excpecting and increase of around 1% at the most 2% per year. But a huge £25.000…
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Being taken to court for unpaid rent for 3 months we were not there. HELP!
Here is what our situation is at right now, Signed a short hold tenancy agreement on 3rd March 07. Paid 1400 pounds which was 1 months rent 700, and 1 months rent as a deposit 700. Signed the agreement as Adam (my other half) being the first applicant and then his friend (our house mate) signed as second applicant. Adam…
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Who sets the dates and when?
Who sets the dates for exchange and completeion and when is this typically done? The dates for exchange and completion on my chain was arranged at the beginning of Aug for Oct 5th & Oct 12th respectively. Everyone involved was informed and no-one had any issues with this date. However, this week, 2 days before we are due…
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Advice on tenant deposit scheme please
Hi We have just been served notice on our private let (through a letting agent) as the owners are returning from the forces and we have been very lucky to find another house. Our current rental was taken out before the deposit scheme came out. This rental will be through a private landlord. He has been very communicative…
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Need advice - seller keeps putting back date of completion
OK, so we've just signed the various documents and were intending to exchange next week. The whole process (since our first viewing) has been goining on since July!!! we have already agreed with the vendor to complete in october as her new build property was due for completion then. so we go through the conveyancing…
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Buying a house jointly with parents-in-law
We are currently renting, but considering buying again some time in the next few months because my parents-in-law are elderly and unable to look after themselves any more. They don't want to move into a home, which is understandable, so we are considering buying a house using our money and the money from their sale. Due to…
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Moving Abroad do i rent or Sell
Need your advice guys, I'm looking to move to canada at first on a 2 year work permit but may stay there. I'm not sure whether to sell up here and buy in Canada and make the most of the current exchaneg rate. OR Rent my Property here, look to buy a smaller house in canada with a small mortgage due to reduced house prices.…