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STR - whats it like?
Hi, Having sold our house nearly 3 weeks ago and fruitlessly looking for properties that either don't exist or if they do are way overpriced we are seriously thinking about renting in light of all the press reports recently. But, we have 2 young children to consider in all this. If it were just my husband and me we would…
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Estate Agent fees
This is a little bit different to other threads as I am talking about selling a business - a small restaurant in a seaside town with living accommodation. Does anyone know if fees for selling a business are any different from fees for selling houses. Looming retirement is the reason for sale, the restaurant is successful,…
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why is no one flexible?!!
we have had our house on the market for two months and had an offer a couple of weeks ago. the house was on at £160k, we dropped it to offers in excess of £150k which made us cheaper than anything else about and the offer came in at 148k from a FTB. we felt it was pretty low (esp as we had just dropped the price) but said…
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advice for letting 2 bed flat
hello everyone, i am considering letting out my 2-bed maisonette later in the year. i've been told it could fetch up to £775 a month. so if i could find an all-in room in shared house for half that i'd be making a good profit each month, close to £400 possibly! i will either do this is rent a bedroom out, as i realise you…
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Moving Abroad
Summary of my position at the moment. I am 3 months pregnant with our first child. We have a mortgage of approximately £179,000 on a property currently worth £245,000 (going by Nationwide's figures when we refixed), so equity of £66,000. We have a early redemption fee to pay of approximately £5,000 if we sell up and taking…
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my tennants have requested ........
My tennants have requested that the front garden, should be concreted over and used as a car park, due to poor on road parking I guess. I am fine with this idea, but is it something the landlord should have to pay for if the work is carried out? ( obviously it is not necessary maintenance,and falls outside the normal…
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Selling a house to pay Inheritance tax?????
lets say for example, my mum owns a number houses which she rents out. they are jointly owned with my aunt, who has passed away. there is a large IHT bill to pay. much of the liability can be found from liquid assets but two houses have to be sold, which are rented out. normally, if one sells a home which you do not live…
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Landlord woes - help please!
Hello, I hope someone can help with these queries: 1. I own a flat and having received no ground rent demand I took it upon myself to send off a cheque for the amount due (one for March 08 and the other for Sept/Oct 07). This was returned to me saying the landlord had changed and I needed to alter my cheque. I haven't…
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Take the plunge?
Hi guys - looking for some advice and this forum seems great! Sorry for the long winded first post. Me and girlfriend are first time buyers, just looking for your advice on whether its such a good idea to be entering the market right now. We have had an offer accepted on a property for £124,950 The mortgage is with the…
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Shortage of surveyors??
The estate agent selling my flat rang me the week before Easter and told me that my buyers had their mortgage arranged subject to survey and I should have the lender's surveyor round very soon. Since then - nothing. I called in at the EA's office last week and was told that they've got 5 or 6 sales stuck at the same stage,…
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Selling without HIPS
I have had a house on the market for 6 weeks and not had a HIPS pack, i've been waiting for the agents to bring the matter up, do you only do a HIPS pack if someone wants to buy?
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I didn't realise...
...it is so expensive to move! No wonder houses aren't selling, it's not the price of the house it's the price of buying it that people don't want to pay out for. I was looking to sell my house for circa £175000 and buy a house that needs a lot of work for the same price. Today I rung around the EA's regarding how much I…
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The plop-age chronicles! Oh bums I'll have no internerd connection for a bit
So the house I just bought, the back garden ends at a river (semi rural as I like to put it) I also refere to the river as the en-suite river.... cos I'm a bit of a nob like that. anyway Theres a fresh water culvert that comes down my drive and disscharges into the en-suite its for rain water etc all clean and good. Except…
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Rent Out v Sell
Hi, I haven't posted on here for a while (hello to the regulars!) as work has consumed more and more of my time, but I have a property dilemma that I would appreciate some input on. I bought a flat in Battersea in Feb 2007. It has somewhere between 50-60K of equity in it (15K initial deposit approx). I say this because the…
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My broker has frightened me......!
Hi all, we managed to get our mortgage approved today, yay! But last night I went onto the abode site for a conveyancer (on advice/recommendations from this board, no less!)... When I mentioned this to our broker today, he seemed really dismayed - and said we would be much much better off going to somebody local..... he…
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Council tax banding
Does anyone know of any/a website(s) that tell you what areas come under what banding and how much it is? :think: Thank you very muchly. :)
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House we're buying no longer marked sold STC?!
We had an offer accepted on a house last week, as we are in a good position (not selling/no chain) we stipulated that a condition of our offer was that it was taken off the market/websites, no further viewings etc.On Friday, I checked on Rightmove and great, it was marked as under offer, only came up on the search if you…
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First Time Buyer - Help Needed!!!
Ok, my partner and I are in our twenties and have been house hunting for the past 10 months. We have recently discovered that 100% mortages are no longer available which means that we are going to have to use our savings as a deposit which was not our original intention. In light of the above / the credit crunch and the…
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Rental Property - Terminating Contract
Hi Everyone, My current rental contract is due to end in August. After looking through my terms I can see the agent requires two months notice for cancellation of the contract. My question is are there any 'template' documents out there to which is suitable for a letter to send to the agent? And should I send the letter to…
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whats a fair price to offer?
We have just been for a second viewing of a property we have fallen in love with :) The property is on the market at O/O £134,995 and the current occupiers bought the property for £125K in May 2006. We are in Scotland and are FTB's. Any advice or suggestions on what to offer would be much appreciated :) Many Thanks
