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help for homeowners
Just heard our illustrious leader, GB on the radio saying he is going to put in place measures to help, not only those struggling in the wake of the "credit crunch" who are finding it hard to remortgage, but also those FTB trying to get on the ladder. Anyone any ideas what they may be as apart from give everyone enough…
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scottish offers over advice
If a house is on sale for offers over £100,000 but hasn’t sold due to being overpriced. Can you put a below offer in like £95,000 in, if it’s not sold after 6weeks?
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What have I done?!?!?
Hi All Firstly want to say im not new to this site, have been a lurker for a long time, just never actually posted! Anyway need some advice and quick please.... heres the situation: I have a 4 bed townhouse in Essex, house was built 4 years ago bought new at £229,000. Put on the market last year had an offer of £245,000…
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Shared Ownership Mortgages - advice !
Hi All, I have found a shared ownership flat that I woud like to purhcase so am in the process of finding a mortgage. Can anyone offer some advice on what lenders would provide a 100% mortgage for shared ownership. Many thanks !!!
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Borrowing in dollars
I'm thinking of investing in a few further properties and was looking at possibly borrowing at the low US rates of interest. The properties could be in both UK ans US or just in US. Has anybody done this? Cheers Stebiz
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Landlord Prosecution Story
Yesterday a colleague of mine prosecuted a landlord who had failed to licence his licensable HMO. He pleaded guilty and was fined two and a half grand, plus various costs and of course he still has to get his licence or face being taken to court again. That's probably not a great big deal to him, although the fact that he…
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Should they bother with a survey?
Well my parents have now had an offer accepted on a property. They are now thinking along the lines of type of survey. It is a bungalow in immaculate condition, they are buying it cash so no mortgage involved, Dad is very DIY experienced and really cannot see the point of being told for eg that the big trees in the garden…
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Require confirmation on costs
Hi there, as you can see I'm new to the forums after a long time of hanging around :p Me and my girlfriend of 3 years (we are both just turned 20) are looking into renting unfurnished in a few months time. We are looking at the 'executive apartment' style renting, if that means anything to you, something along these lines.…
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Estate Agent - 1.5% + VAT Fees and 12 week tie in !!!
We are using a Local estate agent (by far the biggest....anecdotal evidence would suggest 50% of all boards are this estate agent) who has fees of 1.5% plus VAT and we are tied in for 12 weeks! This sounds a little steep to me. I did not sign the estate agent contract - my flat mate (joint owner) was responsible for that.…
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Is it ok to call LL to ask what his plans regarding Lease are?
We are currently renting an apartment which we really like. It is a standard 1 year AST , and it runs out on the 31st of june. We love the flat and the Area and have had no problems (or interaction) at all with the Landlord. We really would like to stay in the apartment, but we are aware that he is trying to sell (put it…
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Re-Mortgage from Repayment to Interest Only
Good Afternoon Peeps, I have a one bedroom flat on a fixed rate repayment mortgage at 4.something% that comes to an end at the end of the year and then the rate goes up to 7% odd at least. I know I was a very lucky bunny to get the 4.x% rate 18 months ago in the first place! I had intended to live in the flat - I bought it…
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Another "about to exchange" thread
We are FTBs, buying a flat. My OH's parents contributing a quarter of the purchase price towards deposit (no interest and we do not have to repay it until we feel comfortable to do so). We knocked down 10% of the asking price (but we think it was overpriced anyway, by about 5%) and further 3% after we received the survey…
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What is the cheapest LL Association to join?
Would someone be able to tell the more affordable LL Associations to join? I'm based in Surrey. Thanks.
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Yay cheque from solicitors...
Got a letter from the solicitors this morning..my gut instinct is always 'oh no they have forgot something'!! but it seems we have over paid our land registry fee and got a cheque for £59! not loads but better than nothing eah! BUT the cheque is both our names (me and df) will i be able to bank it?
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Almost ready to exchange - now worried
Hi everyone, I am selling my house and buying another and we're a long way in the process. We should be exchanging next week (don't have a date yet). However, I'm now really worried about what to do after reading the news today. I'm now buying a house for more than it's currently worth (and selling one for the same…
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Highlighting the Problem of Lettings Agencies' "Admin" Fees
There seem to be so many posts on here about problems with Letting Agents that I thought it may be worth highlighting a post that got a bit buried in another thread: The Government is of course currently looking at all aspects of the private rented sector so if you want to highlight this particular area of L & T…
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Midway through a purchase
I'm a first time buyer, but have a substantial deposit, and have been planning to buy a large place, letting out a couple of rooms. I put an offer in on a place about a month ago, got 5% off the price they were asking for in December, and have got the mortgage straightened out. The house is in Seven Sisters in London, and…
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Solicitor Problems Advice Please
We have sold our house and purchased a new one and the move is scheduled for 3 weeks time. However I have been having a few problems with my solicitor, the Halifax recommended the solicitors we are using through what they call "Halifax Conveyancing" however they are useless. The original solicitor I was dealing with has…
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leasehold property
Im currently in the process of buying a house, it is a leasehold property. i have recently found out that there is a descrepancy with the lease and therefore i will have to be covered by an indemnity insurance. does anyone know if this is a common occurance or whether this is risky? my mortgage lender may withdraw their…
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Letting Agent left me homeless - HELP!
Hi I've been long time user of site but just registered, i have a problem i was hoping someone could help me with. I have had a problem with a flat I was due to rent from a letting agent. I signed a pre-lease agreement with the letting agent on the 15/03/08 and gave a holding deposit of £155. I was due to 31/03/08 and when…
