-
Damp in the house I've offered on
I have had an offer accepted on a property but the survey showed damp. A full damp report has stated that there is "Dampness Rising" on one external wall, needing chemical injection treatment at £700, but that they could not guarantee that there wasn't any further damp as they could not get to a lot of the property due to…
-
would anyone still buy btl at 7-7.5% yield?
Hi, just wondering if anyone ould still buy a btl property if they could achieve a yield of 7-7.5% from the rental? Should I be thinking just of rental yield or should I be thinking of capital growth as well? thanks
-
Chief rent question.
Hi, We recently bought a freehold house that is subject to an annual chief rent of £10. I believe this is due to the lord that allowed use of the land back in the 70's. I have just received a bill from the company that deals with this rent stating that I owe £10 which I was expecting. Thing is at the bottom of this letter…
-
Buying my parents house
HI, My aprents have offered me the chance to purchase there house for 95,000 the house is worth 170,000. They basically want to enjoy some money now while they are still fit enough to do so. They have said they will then rent the house of me longterm as my plan would be to take a mortgage out on the house for the amount…
-
Ending a contract on a rented property?
I moved into a 2bed flat with my housemate in May 2007 and we signed a 6 month tennancy agreement. In Oct it expired and nothing happened we just went onto a month by month. But then the LL wanted to increase rent and we said no, so he agreed to do a 12 month tenancy agreement from Oct, which we signed. This agreement is…
-
Get that House!
Hi New poster so please go gently with me. My partner & I have 2 houses and want to buy a specific house. Hers is under offer and mine has been up for sale with a further price reduction today. We are going to lose her buyer (with a very good offer plus extra to move like now). Due to good equity but poor NHS wages we…
-
Interesting analysis of affordability
This is not an article, but a post from the excellent Fool.co.uk forums. http://boards.fool.co.uk/Message.asp?mid=10871488&bid=51402&sort=whole#10872650 Credit to 'globalarbtrader'
-
Another tennacny and phoneline question!
So, my tennancy agreement states: (3) To pay for all gas and electricity consumned on or supplied to the Premises during the tennancy, and the amount of all charges for the use of the telephone (if any). The flat's got no phone socket (or TV socket!), and it's in a fairly new build of flats in Twickenham :o I take it the…
-
Advice for FTB!
Hi Everybody, I am a first time buyer and would like to know about few things which are giving me some bother. I am using upmystreet to compare house price trends and neighbourhood ranking for the properties I like. I am unsure how much weightage should I give to information on the website particularly when it shows large…
-
stamp duty- pay now or add to mortgage?
Hi Planning to move house this year & trying to budget for all fees accordingly. Have been told that stamp duty is paid to solicitor after you complete, but have also been told that the stamp duty can be added to the new mortgage. Can anyone explain this to me better please? Also do you have to pay tax on this? The amount…
-
Sub Letting
Hi, I have a tenancy agreement with my brother on our flat, he is paying £950 per month via direct debit. His girlfriend left him and now he is asking if he can take 1 or 2 tenants to help him pay the rent. Can he do that? and if I need the property in the future is it easy to have back. For me it convenient to have him…
-
Anyone with knowledge of the housing market?
My girlfriend and I are looking to move in together this year, originally we were going to get a mortgage and get our own place. However I keep seeing things on the news saying the market will be crashing somewhat soon and prices could be falling by 20% or more. With this in mind I am now tempted to maybe rent for 12…
-
10 years ago.....
House prices were still high compared to earnings, I'm just thinking back. I bought as a FTB 10 years ago after being told not to by alot of people who said prices would tank again. However I was desperate for my own home. In last 10 years I have moved twice, brother has moved 8 times as he is renting and landlords keep…
-
Assistance with Restricitive Covenants.
If there is anyone out there that can offer assistance to the following I would be most grateful. I have some land in Milton Keynes that a Developer wants to purchase, it would seem that the developer owns the option on all of the surrounding land. The land, with any luck will be included in the 2011 plan for development…
-
Pay 10% Of Sale Price Rip Off When You Sell Yor Home
Can you imagine having to give 10% of the sale price to someone who has not contributed in any way to the purchase/upkeep/sale of your home ???well you have to do exactly this if you live in a park home ... NO NOT A CARAVAN/HOLIDAY HOME !! this is a residential park of 300 + homes where everyone pays ground rent to the…
-
Oh good - a floorplan!
http://www.rightmove.co.uk/viewdetails-18154961.rsp?pa_n=5&tr_t=buy I was happy to see the agent included a floorplan. So often neglected. ;) And you can click for the full brochure too! :rotfl:
-
Building regs palava
Hello all Wonder if anyone can offer any advice as I am in a right pickle. Last year I had my roof re-tiled, and a small flat roof at the top of the building re-covered. The roofer thought that building regulations were not needed. Now I am trying to sell my flat and the buyer needs a 'regularisation' certificate.…
-
Are Prices Really Decreasing?!?
Not in my area!! 1 Bed Flats, 3 years ago 100K, now 135K (sold prices) 2 Bed Flats, 3 yrs ago 120K, now 165K (sold prices ermmmm
-
Making Offer for a Shared Ownership Scheme
Hello I hope somebody can give me some advice. I am 24. Earn about 27k with around 6k commission per year and I have a desposit of about 30k. I am planning to make an offer on 30% share of 82k in a shared ownership flat valued at 275 000 k. They are looking for somebody to move in end of February which I am able to do. I…
-
Estate agents say offer well below asking price and be cheeky!
Hi I was just wondering if any of you have any advice? We're looking for our first home to buy (been renting for 6 years) and we can only afford around £100k yet the houses in our area are way above this. We found a 3 bedroom house in a lovely street within the area we really wanted to live and its up for £108k. However…
