-
Crunch hits buy to let renters
News and video story about massively rising repossessions in buy to let on channel 4 news. Video down at moment but should be up shortly. Crunch hits buy to let renters Buy to let renters are being evicted in increasing numbers as their landlords fail to keep up repayments. The Bank of England's half-yearly report,…
-
Advice Needed Please
We first moved into our last property in September 2006. We have coped with damp and mould in both bedrooms and the bathroom since February 2007. When it rained the rain dripped down the wall and also leaked in through the back door. We constantly mithered the LL to come and fix it and he did sod all. So we got…
-
Exchange & Completion
Hiya, just a quick query, I'm an FTB soon to be exchanging, and completing 1 week later. Do I have to be present at the Exchange? Or is this merely a name for the 2 parties exchanging contracts? Will I have to sign on the dotted line that day? Many thanks
-
Best letting agent fees?
Our tenant has just given notice, so the estate agent called to find out if we wanted to re-rent it. I've said yes but every time it costs us 10% of the annual rental income - are there any other estate agents you'd recommend for SW London area (Wandsworth) who do a better deal on letting fees? It just seems a lot of money…
-
What Happens on Completion Day?
Probably a silly question but what happens when we complete on the flat we're buying? Do we go to the estate agents to get the keys? Or go to the flat itself? Never done this before :D
-
stupid moving question, but can't get my head round it
Hi, I am selling a house and buying a new one for the first ime and i don't get how it works and how the money will get where it needs to be.... my current mortgage is 65k the new house will have a mortgage of 155k the purchase price of the new house is 184k the sale price of mine is 82.5k but the builder is upping this to…
-
Another Collapsed Chain
Just found out the chain of 4 houses i am in has broken!! the bottom house the person buying it can't afford the morgage! So it has gone back on the market.. Are house was the next one up.. the question i have is :- Do we consider staying where we are now for a few months until the housing situation improves? Will it…
-
AST expired today?!
Hi all Quick quesion-I moved into my house 2 years and a fortnight ago (LL let me in early:j ) So i signed a 12 month AST in for 1st May 06. In April 07 he sent me another AST to sign ready for 1st May 07. All ok. Just realised it is 1st MAy 08, so my 12 month AST is finished? So, um, am I ok to still be here? I have tried…
-
Solicitors Fees That You Dont See
:rolleyes: :rolleyes: I work for a bank, and we deal with TREASURY DEPOSITS, that is where solicitors hold YOUR money until its time to complete your house purchase. The solicitors could be holding your deposit money and mortgage balance for a week or so, and they are gaining interest on it daily, whereas you are accruing…
-
If we get evicted from a house can we never go back there again?
Just a quick question really. If we get evicted from a property by the bailiff does this mean we can never go back there ever again? If we do what happens? We are being evicted from my mothers house next week, she has not got a buyer so I wanted to keep the cats there for now in the shed outside but one of them has…
-
About to sign tenancy agreement
Is it the norm that the following is included in the contract? - TO clean or pay for the cleaning at least once every four weeks of all windowpanes inside and outside and at the end of the Tenancy. - TO pay for the sweeping of all chimneys (if any) and ensure that these are swept regularly during the Tenancy and…
-
Property Ladder 30/04/2008
Tina and Craig!!! I must say that he did remarkably well without the wife this time around:D the her spending a £1k on a loo and another 1K on sink, it makes me wonder how long his profit is gonna last:cool: I wonder if he has sold any of the flats? AMD
-
Property Developer Mortgage
I wish to buy a property, renovate it and then sell it on. However, the only mortgages I can find are ones that charge a substantial sum to come out of the deal early. Are there any mortgages out there that have either no fee or a very small one? Alternatively, is there any other way that I might be able to get the funds…
-
Ant problem - who should sort it?
A friend has a house he rents and has been rung by the tenant saying there is an ant problem, they said they've tried using powder but had no joy. He's going to go and check it out but is it up to him to sort? Or is it the tenant? Also any tips for getting rid? They seem to be comign from the side living room walls...
-
Have been offered a surety as part of an offer - advice please!
We are selling our house (by which I mean it has been on the market since last June). We have been at our wit's end and have shaved 25k off the price as we're already out of the property due to relocation and living with family and are going spare!! We've had loads of interest and a couple of offers which (at the time)…
-
survey concerns - buying a house
Me and my partner are buying a house together and recently received the results from the survey. We are a little concerned about some of the findings, and being first time buyers would appreciate other people interpretations of the results. The main issue that are worrying us are: The drive has been laid up to within a few…
-
Urgent Deposit return advice please!
Right this might be long winded but I'll try and scale it down. Moved out of private rented flat 31st March. Requested deposit from landlord (12 month AST - left 3 months early, LL agreed to it and put new tenants in 2 HOURS after we handed keys back so no loss of money for him). Said deposit would taken 10 working days.…
-
Upon exchange
I know you are meant to arrange buildings insurance upon exchange, but should one also have life assurance from this point also? Is there anything else I might be forgetting (me<---clueless FTB) Thanks Hug
-
Interesting E-mail from Barratts
Had an interesting e-mail from Barratt homes yesterday, saying that they would pay market value for our house if we buy a Barratt Home, and they will pay our mortgage for a year (interest only I believe) if we complete before the end of June. Now, a new-build is something that I have never really considered before, but we…
