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Should I buy? - A confused would-be purchaser
Advice please! We are currently in the process of buying a two bedroom flat in Kent. It's fairly tired looking, but is large and offers us the opportunity to put some time and effort into making it beautiful. This is being bought as a second property for long-term investment purposes (10 years?), as we don't want to give…
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… What about rent prices?
House prices are falling… currently I’m renting, and have to move house, as I don’t want to renew my tenant contract. My current budget is £1250 for a 4 bed furnished in Milton Keynes. Is that still the price? Or rent prices are falling as well in parallel with house prices? Probably there are more peoples renting, but…
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Paying money for Major Works before moving
Hi all Not often I ask for advice on here, but would appreciate any views. I sold my leasehold flat in March 07 and moved into a new house which I love and am very grateful for. When I came to sell the old flat, an issue arose which is that the guttering needed replacing at the back of the building, and part of a roof. My…
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Problem new built flats
Who have bought or ever lived in new built flats which have construstive problem just report here. I rented a apartment in Albion Street Horseley Fields Wolverhampton and the water heater never have enought water for a bath.The door handles broke easily (they are all gone now) and the shower unit is broke as well. I dont…
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End of an era
FT - Lenders warn era of cheap deals is over
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Dodgy Estate Agent
Hi Everybody, Approx 4-5 weeks ago, we offered a price for the house that we had made up our minds about. But the estate agent kinnda pressurized us to offer a higher price , he even told us that somebody else had also offered a price which is higher than ours but since we are first time buyers, he would like to prefer us…
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Urgent Advice Needed
Hi I exchanged contracts on a new build property a few months ago, now suddenly a couple of days before completion I have received a pack from the solicitors and instead of having a communal garden outside the front of the house, I have now got two parking spaces belonging to other residents. I was never told of this…
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Renting Credit Check - advice
Anyone with knowledge of lettings credit checks - please help! We are about to move to a different area and rent, but I have just realised a potential problem. I only have two years accounts (am self employed) and although partner currently has a job (and will when we apply), he is leaving this when we move. We have our…
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HIPS questions?
Hi Hope some of you intelligent folk here can help my confusion over HIPS. Am hoping to sell privately and I know I need a HIPS. I've read on this site and on others that the really cheap providers do "personal" searches not the proper ones and then your buyer's solicitors won't accept them. But my borough charges £200…
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Part Exchange Price Fixing!
Hi, I am looking at buying a new build property and have had my house valued by three independent local estate agents. All three quoted very similar figures; Asking price £165,000 Potential selling price £155,000 Quick sale price £140,000 We have had our house valued by both Redrow and Persimmon, who use the same estate…
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Purchaser failed to complete.
Hi, I was wondering if anyone could please give me some advice. My partner exchanged on his house in November 2007 and completion was supposed to have been on the 12th of that month. The purchaser is Canadian/English (joint nationality) and has since been unable to complete. My partner agreed to let him have until today to…
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Welsh Housing Associations to be able to buy and rent back
http://news.bbc.co.uk/2/hi/uk_news/wales/7356513.stm I hope this will see the end of the buy and rent back sharks on this side of the border.
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Caravan blocking light to our house
Hi I have had a look at a couple of threads on here regarding covernants on freehold properties. my property is freehold the covernant is mainly as stated in other threads for the original builder. We are semi detached, you have litteraly only space to get your wheelie bin between us and the house we are not attached to.…
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Is he entitled to 50/50?
Hi My sister has recently split from her boyf of 9 years! They own a flat together (joint names on mortgage). She would like to buy him out and needs to decide on a figure. He has never paid 50/50 towards the flat. For the past 5 years he paid a total of £14k into the joint account for the mortgage and bills and she paid a…
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Ensuring work done on flat we're buying...
Hi all In middle of flat purchase. We went back for a third viewing/ measure up a couple of weeks ago, and noticed that since we made our offer (way back at beginning of Feb) there had obviously been a leak in flat above and our ceiling is water stained. Have spoken to the caretaker of the building who assures us the leak…
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HELP to sell or not
I curently have a home with a tennant in it, but thinking of selling while prices are higher. I really dont want to miss out in getting the higher price for myhouse. My neighbour with less ground just sold hers for £103 k and my mortgage is only £65K (without my repayments taken off for the last 2 years 4 months.) I think…
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Renting out, but using equity?
We currently owe approx £65k on our property, toadys market value approx £140k. We are looking to move and the property we have seen is £200k. We will need the equity to use as a deposit on the new house and to keep the payments to an acceptable level, but a relation wants to rent our current house long term, Is there any…
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Landlord is threatening to take out the shower?
I have a friend who moved into a top floor flat in March. When she moved in the landlord told her that he just wants to be left alone. She thought this was good, but now the tenant downstairs has been complaining about a leak going into his kitchen. It looks like the leak has been going on for a long time and the…
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Increased solicitors fees at last minute
in relation to buying a house my solicitor wrote " i am certain you will appreciate that i have been involved with considerable more correspondance and telephone calls on your behalf than i could have originally expected and my estimate has ben far exceeded. As a result, i propose to increase my firms charges by a further…
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Use equity for new house deposit or pay off cards?
Hi all I'm new to this site and am unsure if I should be posting here or not however we have just sold our home and released our equity. Ideally I want to buy my next house and have been looking however I am unsure whether we should use the equity to pay off our credit cards or use as a deposit (£20Kish). I am worried that…