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comfort note
i bought my current house last january.Done all the work required ie survey,lawyers as you do.There was a problem the day we were supposed to move.Basically, the family who bought our old house challenged us by disputing the patio doors. Now the patio doors in question were in place before we even bought the house.We were…
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Flat Rental Query
I am thinking about Renting out my flat and moving back in with the parents. I recently renovated the whole place; - New Bathroom - Complete new furnishings, fitted bedroom cupboard - New Bed - Table/Chairs/Plasma TV etc now I can't be bothered to take the stuff to my parents as they have them anyone and likewise I dont…
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Letting out Rooms
If you rent out two bedrooms to family/friend who do not pay rent, but just contribute towards food and bills (don't ask, long story) and then rent out one of the rooms said family/friend are in to a paying lodger (again, long story, but we are helping someone out who needs to be close to London occasionally), what do we…
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TD Scheme query - bit of frustration
Apologies if this has been asked before. If a tenant decides he is not going to pay the last month's rent and says you can keep the bond - what is the situation with TD schemes. Will the system automatically give the landlord all of the bond back to cover the last months rent (of course the landlord will still be out of…
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Dilemma!! Help!
Hi All, I am new to this site but glad I have found it as I have a dilemma that I am in need of help with. I currently am in joint ownership of a two bedroom flat with my girlfriend that we rent out. We recently decided to get married so are now in need of some extra cash. At the moment we have a substaintal amount of…
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BTL Appliances
Hi All, Does anyone know where to buy cheap appliances for a Buy to Let? I'm looking for a washing machine and fridge freezer. Is it better to buy a cheap one and take out an extended warranty? Anybody have any advice on the matter? Thanks, Lsjhoa.
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Landlady gone AWOL with deposit
Can anyone please suggest what to do in this situation? A friend rented a flat for 12 months, through a letting agency, all done through a very standard tenancy agreement contract. Now during the period, the landlady and the agency fell out (I believe she stopped paying them), and the agency said they'd have no more to do…
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Buying freehold/lease extension
Hi folks. Am in a dilemma and would appreciate any help. have a flat on a 78 year lease. have tried to buy freehold but can't get enough of other 3 leaseholders to agree largely because they are moving. have looked at buying a lease extension as an alternative as I can do that alone. Lease xtension would be £14k-17 k plus…
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pay solicitors fees in advance?
Hi all, I'm a FTB, at the stage in the buying process where I recieved all my searches, etc, but draft contract is currently being written up- is it wise to start making payments to my solicitor account (even though solicitor says she hasn't receieved final figures yet) or is it best to wait to have them in…
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some help please
I have a problem would be gratful if someone could help. Tommorow I speak to the CCCs regarding my debts but one big issue I know will be BIG. Our mortgage company does not know we are living back home and not renting, we were renting for a period but had a few real personal issues and ended up returning home. We own a 2nd…
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What shall we offer?
Found an amazing house and viewed it this evening and we love it, it's priced at £175k and beautiful inside, only issue is there's no garage which we would have liked, and no room to have one built, but we can live with that Considering the position we are in, ie we have sold to first time buyer who have mortgage and…
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Buying a house, in cash
I've just bought a house for £170k (my first). Before purchasing my financial situation was this: I had £430k in my LTD company bank account of which I own 100% shares.. (corp tax due in a couple months from now will be roughly £40k).... I had £60k in personal savings, premium bonds, ISA'S etc etc.... I'm expecting very…
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Buy to let mortgage
any help will be much appreciated, just wanted to know if i plan to buy a house, and rent it out for a year or so untill im ready to move in, will it mean i would have to get a buy to let mortgage even though i'd only be renting it out for a year? thanks
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Charging order on my house, not in my name, what can I do??
Hope someone can help? I took out a mortgage with my ex 10 yrs ago, we split 5 years ago and haven't got round to getting his name off the mortgage until now.He told me he is happy just to have his name off(ie transfer equity into my name, i know all about that side of things), without any cash being transferred to him, as…
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HIPs - I'm confused!
We're about to put our house on the market but i'm really confused about HIPs. I've had a bit of a meander around t'internet but its just confused me more. Can anyone explain them to me in words that I'll actually understand?What do they contain and how are they put together? Any help much appreciated.
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How to finance buying a wreck for re-sell?
Bit of a n00b here... I fantasise about buying a wreck of a house and doing it up and flogging it on at a modest profit. I don't suppose I'm alone. I have the time, but not much in the way of building skills, and certainly no money. But I do own my own place, and am in regular self employment. Any ideas hereabouts on…
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Oil Up, Gold Up: what does this say about inflation in 2008?
Oil touched $100 a barrel today (light sweet crude around $99.4 currently), and Gold is up $22 an ounce. Lots of fear in the markets, clearly.... What does this say about the housing market in 2008? Will inflation - and fear of inflation - make the housing market slump?
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H/A not doing repairs!!
As above says, my housing association are failing to do some repairs which i reported quite some time ago. One of which was a crack in a bedroom window frame. I have exhausted all avenues of complaint and now feel i have to turn elsewhere.Does any-one know who i could turn to , to get my repairs at least looked at? Any…
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Mortgage multiples
Just a quickie.... can anyone tell me the general rules on how much you can borrow (on a single income and also joint income) for a prime and sub-prime borrower....... please. (single income = £32,500, joint income = £48,000) Thanks
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Want to sell and rent..but not sure where to go for advice?
We bought our house 3 years ago ona 100% mortgagae. Have now got charging orders against the house due to us being very silly!!!We've decided now to sell and rent for a while till we get our feet back on the ground finacially. How do I go about renting? Do letting agents/LL's require loads of money up front? What about our…
