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Problem with a tenant
hope this is in the right place, here goes... I live in a house with 4 other tenants and we have a joint tenancy agreement. When our rent was due this term one of the other tenants decided she was only going to pay £500 of the £780 she is meant to pay. Before the landlord came to collect the rent we asked her to come back…
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Sell or refurb? Tax implications
I'm in a bit of a pickle! I rent out a house I used to live in. The current tenants have done a midnight flit, owing me money and have left the place in a disgusting state. It needs to be professionally cleaned, have new carpets and decorating as well as repairs to doors, new kitchen etc. I'm thinking that I don't want the…
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Survey has come back........
Hi eveyone, I've recently had an offer accepted on a two bedroom victorian (C1900) house. They accepted 154,000 from an asking price of 159,000 - the property had only been on the market for a week. I am a FTB and have a £70,000 deposit so I'm only borrowing £85,000 - the mortgage is with Abbey and all approved. The survey…
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Renting to a company - security checks??
Hi all I have been approched by a company based in Germany (who have an office here) who are interested in renting my house for 2 guys they are moving over to the London office. The company will be paying the rent. Never done this before so any advice on what referencing / security checks I should do? Thanks in advance.
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Advice RE Letter To Old LL With Keys
We moved into our new property last week, but our old tenancy does not end until the 9th May. I cannot get time off work to meet the LL at the old property to give him the keys and let him look around the property. So I have taken pictures of all the damp and mould on my phone, and have informed environmental health of the…
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1st Time Buyer Help....
Newbie on here so please be nice to me!!! I'm about to buy my first house on my own. Now I normally run my bank account well but unfortunately today, I found out that Orange have taken the money for my mobile phone bill out of my account 2 days early and 2 days before I get paid. I have consequently gone overdrawn and I'm…
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should we pull out?
Hello there. We are first time buyer and just about to buy a £250000 3bed-house in Surrey. Well well well... we started the journey mid febuary when I first visited that house. House price were not falling then and after waiting 3 years for a crash we had just given up on hope and were thinking it would now reamain stable.…
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House swapping
Can anyone please advise me. My next door neighbour has just plit with her husband and wants to down size. She has a good size 3 bed detached with a big garden (for a new house). It has potential to have a loft conversion and lots of room out the back for conservatory etc. Our house is a 3 bed semi ( mush smaller…
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Locks to a rented property-landlords responsibility?
I am just trying to sort out a new home insurance quote.We live in a private rented property,and have done for the past nine years.The locks to our property are not suitable for most insurers.When we moved in we had very little,its in a very low risk area for burglaries,and to be honest if a thief wanted to get in all they…
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Can You Haggle with Letting Agents?
Hi My partner and I are hoping to move soon-ish, long story but we're trying to sell our house (Pah -fat chance I hear you cry!) and when we eventually do, we'll be renting. I was just wondering whether anyone had ever successfully haggled with a letting agent over the rent. I've always assumed the price that's stated is…
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Sell and Rentback - Option disappearing
There has been a lot of discussions about Sell and Rentback on these boards. As of yesterday (23rd April) the biggest Buy-to-let lender Mortgage Express pulled most of its best-selling products from the market because they are overwhelmed and cannot meet demand from Buy-to-Let landlords applying for mortgages. Normally…
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Cunning plan to be a first time buyer
Hello! This is my cunning plan to become a first time buyer, it is based on lots of if's but's and maybe's but I thought Id run it by people and see if its feasible. I am 24. I currently ear £21k this will definitely go up due to the profession Im in. I am debt free (yay!). I currently have £10K in savings. My cunning plan…
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Companies that buy your house for cash
Has anyone had dealings with one of these companies that advertises to buy your house for cash? I have just had a deal fall through 2 days before exchange and now the buyer is offering 3 grand less because "the market is falling". Just wondered if I could get a reasonable price from one of these companies. Are they any…
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Negotiating a reduction in buying a house
My husband has just offered 5k below original agreed price for a house in london.We had originally wanted to buy for around 500k . Since then the mortgage company want an extra 5% and he got scared off by the estate agent saying there are other buyers out there who will snap it up so said 5k instead of what should have…
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Renting what checks do agents do?
I'm renting at the moment but I want to move closer to work to save some money on transport costs. I've not got a great credit rating and have had a few missed payments in the last 6 months and it will be easier to get out of debt if I didn't live so far away from work. I've always paid my rent on time and have never…
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Companys that buy your house then rent it back to you.
Hi, Does anyone have and experience with these companies that will buy your house and then rent them back to you? I am considering doing this.. is it a good Idea? would be nice to hear your views guys. Thanks N:confused:
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Deposit Protection Scheme - one year on
Information from the Deposit Protection Scheme - one year on The DPS has protected approximately 250,000 deposits worth around £185 million. More than £2.5 million of interest has been accrued and £200,000 paid out to either the tenant or landlord – whoever is entitled to the deposit at the end of the tenancy. The number…
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Getting off the property ladder!
Hi everyone. A year ago my fiancee and I decided it was time to settle down and we bought our first house in a nice village and moved in in December last year. NOW our circumstances have changed and we are considering moving to London, which is more than an easy commute away, so a relocation is on the cards! How do you go…
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Buyer Solicitor Conditions and Requests - Advice please..
Hi I have today recieved a letter from my sol detailing bits and pieces my buyers sol wants before purchase and just need help clarifyin info:rolleyes: Hope someone can help... Unfortunately my ex did a lot of work on our house and used builder/plumber mates who down the track seem not to have given us what we thought was…
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House purchase about to collapse on exchange?
Hi, Have had a very straight forward, clear buying process up to now. I am purchasing a property, and seller is moving into an empty place! All good! From day 1 we have agreed to complete, 2nd May. Sol went to exchange yesterday and this never happend as the vendor has a 'shortfall' in cash [approx £5k] for the property…
