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purchase ground rent?
Hi, Been looking at buying a place, and also come across some sales of "ground rent", e.g. "A Freehold Ground Rent Investment secured upon a Detached Building arranged to provide Fifteen Self-Contained Flats together with a Further Room which is Fully Vacant Tenancies Each flat is subject to a lease for a term of 125 years…
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Urgent Help Needed Regarding Living In Student Accomodation
Hi I live in an off-campus student accommodation at Warwick University. I have not signed a formal contract and was just given the house keys due to a clerical mistake by them. Because there is a room spare in the house they are expecting me to pay an under-occupancy charge. Maybe the following email will help clarify my…
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Do buyers EVER pay the full asking price?
Hi Just put my property on the market at 185k, which i believe is a realistic asking price. Now as this is the first time i'm selling a property (hence my inexperience), am i right in thinking that based on the current market no-one is going to make me a full offer? This is the property in question:…
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no contract
Hi could any of you tell us where we stand, we have recently had our house on the market and managed to get a buyer, all good so far till things went !!!! up and we had to back out of the sell we as well as them were upset. Anyway to get to the point the estate agent has sent us a nice hefty bill totalling £1400.00, we…
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HMO Question
Hi, Does anyone know the ins and outs of HMO's? Basically if a property is not HMO registered what are the potential penalties for tenants and landlords if three individuals are staying there? I ask because three of us are looking to rent a property but most of the ones we're keen on aren't HMO registered. What would the…
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what would you do?
I've split with my partner earlier this year (her choice with crazy reasons) and we're still living togethe (she refuses to move out, I need my equity share to be able to buy). We've been in the house since Autumn last year. I can afford to buy her out, as its mainly in my name, but she can't afford to buy me out. Her…
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Help dumbfounded by solicitors
We have been trying to exchange for over a week now.Our solicitor is ready to go but our buyers are using a "factory" type conveyancing firm who seem completely inept and are holding things up.We waited all last week to exchange then on Friday they announced they could not complete without a legible signature from their…
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Should I be upset at this viewer's comment?
As background, ex and I are splitting up, so house is on the market. Been on the market for two weeks, 5 viewers, not bad going for a £400K house. However, the feedback we got from the last viewer yesterday has really upset me. I am a total neat and tidy freak and you could view my house without giving me notice, but this…
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Question about ASTs
Quick question: a 12 month AST is coming to an end in November. The contract gives no details of ways for the tenant to exit the contract early (e.g. giving 2 months notice during the last 6 months of the contract). Are there any ways for the tenant to (legally!) exit to contract? Thanks in advance! R
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House advice please!
Hi, Our house is currently on the market for £161,950 and we've received an offer of £157,500 for it. We live in the North West, and have worked out that our ideal selling price to cover moving costs etc is £160,000. The dilemma we have is this. Option 1. Sell the house for £157,500 and then rent an apartment for £550pm,…
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Where to look for rental properties?
Where else do I start looking other than rightmove? :undecided Obviously letting agents in the area (although how do I find them? :rotfl: ), but where else? :confused:
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About to Rent, what can I offset for tax bill?
We are about to relocate abroad for 2 or more years. Whilst our house is on the market, it appears that there is little chance of selling and we have decided to put our home for rent. We will remain UK tax payers as we are crown servants. My husband is in 25% bracket and may probably earn nothing so will have a full tax…
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Managing Agent's Questionnaire
We have sold our flat :j I contacted the Managing agent's to ask them if they would return the Questionnaire quickly and I would make sure they would get their fee. I didn't want this to hold up the sale as we have lost two sales already. They were true to their word and returned it the day after they received it. I now…
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Council properties trade-in?
This may very well be the wrong forum, but I'll give it a try, and I apologise if I've gotten it wrong! Myself, my partner and my daughter are currently living in a 3-bedroom housing trust property. Due to troubles with our neighbours upstairs (on going unrelenting noise for 3 years), I, for the sake of my health and…
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freehold flat?!? good or bad idea??
Can anybody help please? I have recently had an offer accepted on a ground floor freehold flat which is one of 4 in a property. However, this appears to have raised eyebrows with many who I have spoken to about it, including solicitors. Apparantly the other 3 properties are also freehold and I know that they have leases…
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Collecting Ground Rent
Can anyone help? I collect ground rent (for an agent) for mine and two adjoining properties. Now the invoice, as always, states "Liability for Ground Rent runs with the property irrespective of individual ownership - payment is applied first to any arrears in order of priority". The invoice for the three properties is…
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House prices UP 1.2% in May
I'll probably be accused of 'old news' again but I haven't seen this mentioned yet. According to RightMove, asking prices were UP by 1.2% in May but mainly because of southeast optimism ("It ain't raining on us yet"). Interestingly RightMove is also in the news today because one of their founders Halifax/HBOS is sellingup…
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rot in roof - any ideas of costs/getting quotes
hi Results of the survey say there is significant form of rot in the main roof of the concrete tiled 1970s house we want to buy. The seller has said he'll take it off the market if it's going to be expensive to repair. he might just be threatening - i'm not sure. but it's empty and I don't think he'll have much of a…
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Is this the norm?
I am acting as Guarantor for my Son and Girlfriend to rent an apartment in Liverpool City Centre.It is on with a large local Estate Agent.He has just left uni, he and GF earn a decent wage but no credit history, hence my involvement.Question is this, so far it has taken 1 month for the EA to chase up references, despite…
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help needed
:mad: Hi to all on this board, am a lurkerish on other boards but not been on this one before just needed somewhere to let off steam. story is my daughter was in a private rented house with bf, but they have since split up leaving her with all bills and two daughters under the age of two to bring up. she does not claim…
