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Buying a property from a relative
we are considering buying a holiday cottage from my parents to use as our house. Could anyone recommend the best way of proceeding to reduce the tax liability on both parties. Look forward to hearing recent experiences / ideas. regards
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Buying house with Tenants in problems
We put an offer in on a property a month ago which was accepted and have been trying to get all the documentation involved with buying and selling at the same time. The property we are purchasing currently has tenants in, and we were told that their contract ended and so it would only take a month to get them out. The…
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Buy to Let on Half my house.
I'm currently investigating the possibility of converting my property back into two cottages. Now obviously I have to jump through a lot of planning hoops, but assuming I eventually get this permission I'd end up owning two semi-detached homes instead of my current single detached one. What I'd the like to do is get a "buy…
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Agent won't let us take contract away
Some colleagues and I are moving into a new place together and we're just about to sign a new tenancy contract on the property, however the agency have said that they won't give us a copy of the contract to take away and study prior the signing date. They are happy to let us read it in-front of them before we sign on the…
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Council tax dispute
Hi all, I'm in need of some advice please over a long running dispute with my old landlord.. Last summer I moved to London from Ireland and found a room in a shared flat with 3 students. They asked me if I was a student before moving in which I said I was as I was studying a part time course at the time. I then learned…
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New builds in Scotland...same discounts?
Hello all! I'm interested in buying a new build just outside edinburgh (where we currently live) as we have to up-size due to a growing family. There are two houses in particular I like: One in a miller development at £180000 and one in a Bryant development for £175000. I made an enquiry about the miller one two weeks ago…
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Credit checks on tenants
Hi all My mum has moved in with her BF and would like to rent her old house out. We've found someone through the next door neighbour but would like to run a credit check against them to make sure they are suitable. I've found a site on the Internet which will do it but the form is very very onerous and the tenant…
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Any conveyancers/legals around? Buying freehold...
Could let me know whether we definitely have 'right-to-buy' the freehold of our flat (2 other properties - 1 owned by freeholder but rented out ie not resident, 1 keen to buy freehold with us)? Can't see why the freeholder would turn down a big wodge of cash but she *could* decide to be awkward for the hell of it... Obv we…
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Is this false advertising?
If an EA advertises a property as having two living rooms then it turns out that the second living room cant be classed as such and that it is classed as a store room only?? Are the EA's allowed to advertise it as such in the first place?? Many Thanks
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New Build Houses not capable of Broadband!
Hi, I was just wondering about everybody elses experiences with new build houses and if they were able to get broadband. I have rang BT today to secure a deal on the connection fee only to be told that the cables supplying our house are not geared up for broadband. :mad: In this day & age I find it crazy that phonlines are…
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Who owns this house....?
"By this Declaration of Trust... Person A and Person B hereby declare that we hold the freehold property xx registered at H M Land Registry under title xx and the net sale proceeds thereof... pending sale upon trust for ourselves as Beneficial Tenants in Common subject to any mortgage secured thereon from time to time as…
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Estate Agent closed down advice needed
I sold my house last Friday and when I went to visit the estate agents the previous day who had sold the property I found out that they had since closed down a week or so earlier. This left me in a bit of a worry and after a few phone calls I took the day off work and arranged to meet the buyer in person to hand the keys…
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Capital Gains Tax - Wife's allowance
I have a property that I bought in 1992 and lived in until 1996. I've rented it since. I'm now going to put it on the market and will be liable to CGT if it sells. There is still a mortgage on the property. It seems a bit of a minefield, but my questions are: * How do I calculate what the property was worth in 1996? *…
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Foxtons..
Hi all, We are renting a property which foxtons found us but they are not managing it. Anyway, we moved in on the 21st March and I changed the standing order to come out of my bank on the 26th (when i get paid) but was told it wouldnt hit Foxtons account until the 29th as standing orders take 3 days?? I received a letter…
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Why are these USA houses so cheap?
I was curious about the average house price in florida the other day and came across the site below on google. Why are these houses so cheap? Im assuming there repossessions but can anyone explain why so cheap still please? http://www.trulia.com/for_sale/Orlando,FL/price;a_sort/15_p/
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Private House Sale Online sites
I am thinking of using one of the on line house selling sites to avoid Estate Agents fees. All seem to champion themselves as the best. I cannot find any review sites to compare. Has anyone any experience -good or bad- of selling a house in this way.
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Can I do this? Water Meter install for tenant
I've had my current tenant for at least 11 years. Everything was fine until a couple of years back when there was problems with the rent (DSS). I already get below market rate (about 15% below it, but then I don't have the agent fees neither) and up until now have been ok with this, because I get no voids and no hassle. In…
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Electrical Installation Certificate
Me and my partner are on the verge of buying our first home....we are set to get the keys tomorrow. i've been on the phone today to EDF asking for a new key to be sent out for the elcetric. they told me that before they issue a new key i need to get an 'Electrical Installation Certificate' then fax it to them and then book…
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B.O.E sticks at 5%
Gotta feeling we might see a 0.25% drop in june though.
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'Letter of Instruction' to contractor
We're leasholders in a block of three flats. The property management company can be 'difficult' to say the least. :angry: We have to have external decs done. We've had estimates and we chose to go with the most expensive quote because it was by someone recommended to us and have decided not to go with their cheaper…