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Estate Agents - help!!
Hello folks, I have just had valuations done on my house. I was all set to go with one agent who offered me 20% off 1%+VAT on account of having bought house from them in the first place. The offer of 20% off was made 4 years ago and they have agreed to honour it so they not making offer cos they desperate for my business…
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freeholder plans extension
well our story is long and as first time owners we are a little stuck about what to do and thought we could maybe share some of all your wisdom/experience. we bought our little two bed flat in london last year with a 76 year lease remaining. the freeholder is doing serious work on the block (30 flats) and is now planning…
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buy to let mortgage
Hi guys, I wonder if anyone could offer me any advice. I currently live in a 2 bedroom cottage in the village of Wootton in Bedfordshire. I own a third of the property for which I have a mortgage, the rest is owned by my parents and has been paid for in full. We have been trying to sell the property for about 3 months but…
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Selling Second House - Tax Implications?
Hi All, Wondering if someone can tell me what the situation would be regarding tax payable if we sold our flat that is currently rented out. My wife inherited the flat back in 2002. There was no tax ect paid at the time. We have used a letting agent for the past five years and it has never been empty (give or take a couple…
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Building Society charges for right to rent
I have recently let my property and slipped up by not asking my Building Society for permission in advance. Normal practice is that in order to gain permission, I have to fill in a form which they issued (1 page and a bit). They want me to pay up front the sum of 225 pounds. When I asked for a breakdown of the charges (in…
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Self employed while renting
I'm currently in full time employment with a company and renting a property. I'd like to do some contract work for another company and therefore need to register myself as self employed. Now my tenancy agreement says "Not to carry on any trade or profession" does this mean I can't provide the address of the rented property…
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Is this idea stupid?
Hi all We’re hoping to be fist time buyers this time next year living in London, hoping to move out to Essex. Looking to buy a house for around £150,000 We will have at least £20k as a deposit with £3k or £4k for fees. Wife works PT taking home at least £600 per month, I earn £22k. (take home £1300) Our rent is currently…
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Landscaping plans - a potential problem?
We're buying a property that was built by the owners 18 months ago. I've looked up the plans on our councils website and the owners had submitted a landscaping plan obviously in accordance with the planning permission. When we looked round the property there didn't seem to be any of the trees and shrubs planted which were…
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House Flooded due to burst pipe whose to blame and what can i do
Saturday evening the water pipe in our downstairs toilet (of a 3 storey house) that feeds water to ll the toilets in the house and the taps burst and flooded downstairs in about 1-2 inces of water. I would have thought as we rent the property the landlord would assume insurance responsibility for the carpets and repair of…
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To buy or not to be in current climate
I wonder if anyone would be kind enough to offer opinions on the following? We are currently renting and in the process of purchasing a property, due to exchange in the next week or two. We are borrowing 60% of the value, the rest being made up from sale of a flat a year ago and savings. We are very keen to move, but in…
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Been given 2 months notice, can i leave earlier?
hi everyone, Looking for some advice, I am currently renting through Haart, but the property is managed by the owner rather then haart. I signed a 12 month contract in November 2007. Having just found out i am expecting again i spoke to haart about using the 6 month break clause in my contract to move out to a bigger…
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Pulling out of house purchase - repercussions
Hi FTBs about to pull out of our house purchase today. Wife has had a job offer on other side of town, so we are now looking to buy in a different area. I feel really sorry for the sellers, but unfortunately the area we wanted to buy in is no longer suitable. Other than losing our mortgage evaluation fee and our solicitors…
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100% mortgage - Northern Rock dropping mortgageassets - how do we get a new mortgage?
Hi We got a 100% two-year fixed rate mortgage with NR. It is up for renewal Feb 2009. If NR is dropping 50% of it's mortgage assets, i.e. passing them on to other lenders so they can make back the money to pay the Govt, then of course we will be asked to go elsewhere for a mortgage in Feb 2009. But we had to go with NR…
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Repossession on market for £179,950
Just a very quick question please. We have seen a house we like, currently empty. It's a repossession we think and is on the market at £179,950 (the same as all the other 4 bed detached houses in the area) We are thinking about making a cheeky offer of £159,950. Is this far too low or a chance they would accept? Thanks!
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Conveyancing - selling in England, buying in Scotland
Hi Am thinking of selling my home in England and buying one in Scotland. However i have been told that rather than having one solicitor for who will take care of both selling and buying (to save costs) i will need 2...one in england and one in Scotland as the laws are different. Is this true? If so can anyone recommend a…
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Splitting Property Boards?
This is more for the moderators/Martin. I wonder whether it might be better to have a separate board for issues re House Letting (short term, ASTs etc) and one for Buying/Selling for each jurisdiction. Most of the posts relate to property in England/Wales and comments on legal issues by people like me are only relevant in…
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Selling a house to a friend
Hi, just after some basic advice really. I may be moving house and have a friend who is very interested in buying my current property, worth approx £150k 1) Will I still need a home information pack? 2) Is it difficult to sell a property without the help of an estate agent? My hope it to split the saving from the estate…
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what to do
Ok, we're renting our house out at the moment as we cant afford to live there! our plan was to sell this year before our mortgage contract ends in dec but did not expect the housing market will get to this state when we first bought it! the house only have just over 101 years lease left..... we're paying interest only…
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Problem Neighbours
I have the misfortune to live above two of the most disgusting vile people who I have ever come across in my life. Verbal abuse has been directed at me by them and now they have resorted to racial abuse. Landlord just says Monitor the situation. I am at my wits end. I have been here for 6 years, and it has only just…
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HELP! Tenants not living in house & not paid rent = eviction?
Hi all, Need some advice! Ok, I have rented out my house to a couple with a year tenancy but a 6 months get out clause. Well the 1st 6 months were up end of Feb & I didn't hear anything from my letting agent, so thought they are staying! I find out they haven't paid this months rent, LA is useless as they have tried to…
