-
Part exchange against a new property
Hi We are considering going down this route as we seem to be struggling to sell our property. The only question we forgot to ask the builders was "Do we get the equity in cash or do they take everything as deposit?" The reason being we didnt want to put all of our equity as deposit as we wanted to clear off a personal…
-
Help neede for first time house renter
Hi This is my first post. I am renting a flat for the first time in this country. I have paid fee for the flat. Renting agency has offered to furnish my 1 bedroom flat for £60/month additional. I am going to stay in the house for 6 months. I want your advise on whether to get it furnished or buy the furniture myself. This…
-
Need help to find landlords that will accept housing benefit
Any help will be appreciated. I am able to provide references for the last 5 years proving that I have always paid my rent on time, along with bank statements showing I have £4350 in savings and an untouched £3000 overdraft on my current account. I have no debt bar a student loan (they never ask for repayments and in…
-
Argh! Advice Needed... Sorry bit long winded!
OK got a couple of questions, bit confused right now :eek: I'll start at the beginning! Myself and a friend currently share a 2 bed property, and have been here for 3 years since it was first built, initially we signed a 6 month agreement, since then have been on a month by month contract, we have recently received a…
-
Cost of extending lease when you own share of freehold
Dear All, We live in an upstairs flat and share the freehold with the flat downstairs. Our lease length is 68 years whilst downstairs is 82 years. In readiness to sell our flat, we were advised to extend the lease to 999 years. Our initial understanding was that this would cost about £500, which was simply to cover the…
-
selling and renting your house back
can anyone offer any advice or experiance on the companies who offer to buy your house and then rent it back to you.
-
Credit crunch vs Dot com bubble bursting
Does anyone have any figures to compare how much the banks have lost in the credit crunch compared to the collapse of the dot com bubble a few years ago? Some one told me the other day that the banks lost trillions of dollars on dot com shares, along with many individuals who lost tens of thousands.
-
Millard v Ashworth - Who's the biggest hag?
Are these two really "professional" journalists? I stopped buying The Times last year as the quality of writing went down the pan. These two though (both of whom are protective of their property portfolios) are on another level. Should I add that despite buying the the bottom of a price cycle, Millard came close to…
-
please delete mods
please delete mods see other thread. forgot to post poll :o get voting :D
-
pay off credit card or buy house? (I'm new)
Hi all, My husband and I have £12000 proceeds from the sale of our flat and some savings. We're currently in a rented flat-costing us 610/month. it was meant to be temporary while we looked for another property to buy...but should we use the money to pay off our debts- about £9,900 or should we buy a house and accept that…
-
Council Tax Bill - Liability Order
Hi I am the landlord of a property that is rented out. I have just received a bill for £236.80 from Waltham Forest which is for shortfall of payments due for period 17.04.07 - 01.02.08. This amount includes and amount of £100.00 court costs. Whilst I accept the property was in fact empty for a period of time (about 4…
-
BOARD ADMIN - any response to Richard W's request?
Please see here: http://forums.moneysavingexpert.com/showthread.html?t=805363
-
Best way to raise Deposit for BTL: Is it against current Mortgage
I would like to buy a property cositng approx 135k for BTL purposes. To raise the deposit I would need to increase the mortgage on my current property which is 75k and my property is valued at 200k. My question is would I be better off borrowing more money against my current mortgage and having a smaller BTL mortgage or…
-
Freeze on mortgage lending to hit house prices
Todays 'offering' is from the Sunday Times. The usual 'bullish' Fionnuala Earley, from Nationwide, has suddenly turned 'Bear' As they say......there may be trouble ahead! http://business.timesonline.co.uk/tol/business/money/property_and_mortgages/article3601935.ece Beth looks a bit of a babe ;) I wonder why she's hanging…
-
Tax changes fuel great escape from buy-to-let
Interesting article in the Guardian about buy to let investors going to bail out. http://www.guardian.co.uk/money/2008/mar/23/property.tax Anyone here planning to sell with the CGT changes?
-
Getting keys from previous owner
Hi all, My friend has bought a flat through an estate agent. However, her previous owner has kept hold of one set of keys (of which one key is very important as its the key that opens the automatic door to the underground car park to her flat). She has been chasing the keys for the last month without success. If she needs…
-
Im new
hello everyone first of all i would like to say i love this site and come on here everyday ad have done for the last year! i was £19k in debt but was very very very lucky to be left £14k in a will and now owe just £4k which will be paid by the end of the year. Me and my boyf curently live in a HA house and rent for £320 a…
-
Parents giving me a property - advice on easiest way.
hi, My parents want to give a house to me at what it cost them when they originally bought it. The house was £165k, now it is around £190k. Its is a beautiful property and at the moment my wife and i are living with our parents. What is the best way to transfer this property on to my name and i will take over the mortagage…
-
Putting my name on the deeds
Could anybody tell me how i go about putting my name on the deeds on my boyfreinds house,,and does anybody know roughly how much it will cost? any advice much appreciated??thank you in advance...
-
Advice for a first time buyer - making an offer
Been reading this forum and picked up quite a few tips and tricks, however, I am now in a position to make an offer. To give you some background, I only started looking on Wednesday when I met with a mortgage advisor who has offered me £185k (inc 10% deposit of roughly £18k). I am 23, earn £33k and my monthly take home…
