-
LHA open to landlord abuse?
If a landlord says he will accept LHA tenants and 'ups' his rent to the 'highest' amount payable under LHA he/she would get more than the property would go for on the market usually? Example. LHA rate for 1 single over 25 is £425PCM in my area. This is based on a one bedroom property. Lots of one bedroom flats on the…
-
Indemnity Insurance Solicitor HELP!!
Hi, I am currently in process of selling my house. We bought 3 years ago and have made no changes to the house. However, the purchaser' solicitor has requested we take indemnity insurance against the garage as there is no planning permission in place and no Covenant consent for the garage. The covenant is from when the…
-
Buying Grandmother's house/renting house
Well this may be long and drawn out so apologies up front :rotfl: Right here we go! Unfortunately my husband's Grandmother has just died. My husband would love to buy her house. She has left it to her 3 children (one is my OH's mother). We think it is worth approx £180k. Is there any way of avoiding the dreaded stamp…
-
Advice about breaking a letting contract?
I moved into a 1 bed studio flat 3 weeks ago and the last 2 weekends the fire alarm has been going off constantly. There is a number to reset the alarm but there is a constant high pitched buzzing noise going off until someone comes during the week to reset the whole system fully. I have emailed the letting agency twice…
-
Letting a house out - what are the costs?
Hi all, We're thinking of buying a house although we can't move into it for a year (long story - got jobs we're happy with for this year, would buy and then move in around July 2009 (can you guess what we both do?) and the house is a bargain if we can get it, plus we absolutely love it! If we were to rent it out what would…
-
please help! worried sick!
Well, this is the situation so far............ We have just calculated all of our debts and we are about 40k in debt to unsecured debts. We have a mortgage to which we owe £169,000, we have had no secure debt on the property but we do have a charging order on it for £2,100. The mortgage repayments are interest only at…
-
What Should They Do
My daughter and her husband are having a problem keeping up the mortgage payments, although they have come to an agreement after receiving a letter warning them about repossession they realize it can only be temporary because of her husbands circamstances, IE paying for his first family its really only a matter of time…
-
just found out by chance
that the flat im due to rent with my kids is also up for sale! , i found it on rightmoves, now the agents said its long term let and thats why i took it as my kids need a home, what do i do??
-
Selling My BTL
I have decided maybe next year to sell one of my BTL, not because of the current climate but simply because i dont want some of my monies tied up in bricks and mortar when i could be enjoying my monies, for example nice holidays , nice car ect...however i wandered will i have to pay a fee to B&M if my mortgage product…
-
Soon we will all be homeless
life is tough if you have bad credit. Yes it is your own stupid fault. when I turned 18 I went out a got store cards credit cards and didn't pay them back. I am now 23 and paying for my actions. Due to the credit crunch it is almost impossible to get a mortgage if you are a first time buyer, if you rent, you have a credit…
-
House Swap
Can anyone suggest some good house swap website for housing association tenants. There's so many.
-
81 year lease on flat - extend or try to buy freehold?
Ok, have been looking on www.lease-advice.org.uk (think that's right) but am still a bit confused... at the moment we have a 81yr lease and pay 40% of repair etc charges (with 2 other flats - 40, 20), we pay £500 service charge/rent a year. I understand we should try and extend the lease this year before the cost…
-
Pulling out of buying a new build!
My partner and i put a £100 deposit down on a new build persimmon 3 bed semi in east lothian, scotland, last november. We put our 2 bed apt up for sale at the beginning of march for £138k fixed price. After only getting 6 viewers in 7 weeks we changed the price to offers over £124k as reccomended by out EA. That was 2…
-
Have viewings slowed or stopped?
Hello all, Just wondered how other sellers were faring. We live on a good, popular, road in a poor area. We have had NO viewings at all although we have priced low to move quickly (ha!). House has been on market since Easter. Speaking to a couple of local people in similar situation, they tell me that they've had no…
-
parents need help leaving us there house
My parents have sold there house and are moving nearer to me. They are thinking how to get around the tax man and if they get put in a home stopping the gov taking their house as payment. They don't want to put the house in my sisters and my name just yet (incase we leave our hubbies as they will want half not that it will…
-
Need advice re hopeless L/L!!!!
Right..... I shall start at the beginning...... Our L/L is hopeless.... We've had no Gas Safety checks in the 4 years I've lived here.... The gas cooker thats here was asecond hand one he got from Freeads and is on it's last legs. I've told him it's no good anymore and he first asked me to look for a reconditioned/second…
-
First Time Renting
Hi Guys, Me and two friends are looking to rent a house for the first time in a few months time. As the more financially aware of the three I've been looking into all costs I can come up with and trying to budget accordingly. I just want to make sure I haven't missed anything obvious. This is what I have so far: Rent…
-
Moving - Insurance
Okay, I should probably put this on the insurance board but seeing as you lot are all moving house or have moved, I thought you might be able to help! We are currently renting while we look to buy, but have to relocate (good job we didn't buy yet!) Our house insurance is up in June but we move in July, and we are moving…
-
About to put house on market - what deal with EA?
Hello I am about to put my house on the market. The EA that we will probably go with wanted 1.95%, but got them to 1.5% but it still seems high. Got VAT on top. The HIP is £299+VAT Do I want a sole agency agreement and what term? If I sell privately do I still have to pay the sole agency? Help! Thanks
-
What would you do in this situation
Suppose a relative was leaving a house to you and your spouse in their will (probably within the next 10 years), but on the condition that you live in the house (even though you already own your own house), otherwise the house will be sold and the money will go to charity. You have a daughter who you could give your…
