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Should I sell or rent out my apartment?
I currently live in an apartment and have done for 18 months When i bought it the apartment it was a new build and I believe the value has gone up since i bought it However with the market as it I’m not sure if this value would hold up or how much interest there would be from buyers I've been offered a job in Qatar and is…
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I know i'm bitter but can they do this????
NOw before I start I don't care what house prices are doing so please dont speak to me about this isnt a good time to buy as it makes no difference to us. So we made an offer for a house at the weekend with apparently two others. We are chain free and large deposit but do need a mortgage. ANother one needed to sell but…
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Renting Guarantees
I've heard of letting agencies which will guarantee the rent on a property even between periods where the property is empty. Does anyone know how this scheme works and/or have tried it? It is a legit business where the agency takes the risk but offers landlord slightly lower rent, or is it simply a bit of a scam?
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To Let
There are an amazing amount of to let boards on my estate, a few years ago you never saw any. Why the sudden increase ? For sale boards I could understand but why the sudden deluge of rentals ? Is it just because more are with agents they get a board up and are noticeable wheras the private landlords advertise in the…
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Letting Question
Someone i know who bought a property a few months back has now can't afford to pay the mortgage and has decided to let the property. This is the only property they own so will the rental income be liable for income tax even thou the rent will be a lower amount than the mortgage payments?
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HIP Packs - Is there a cheap way?
Hi Guys- We're in a pretty terrible situation at the moment. We are one of the poor souls on a Northern Rock Together mortgage :eek:.. I'm keen to put our house on the market (we are desperately close to negative equity and on an interest only mortgage). Our mortgage will go up by £200 a month in August and so I'm keen to…
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How long does a valuation take....?
Hi everyone, last post today I swear!! :o I'm selling a 50% shared ownership property and needed to get an RICS valuation done before I can market it. Well the guy came on Friday and did the valuation. I wasn't there but he told my aunty that he would send it through the post. How long would you say it should take for this…
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Considering to let, advice sought please
Afternoon, The sale of our flat has just fallen through and we are considering our options. We are able to let it out for a 6 month period, have a potential tenant waiting and it would cover the costs as well as leave £200 extra per month. We have a property to move to which is rent free for the period. Simply to help ease…
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Choosing a date for completion
Sorry if this is a bit of an obvious question but this is the first time I've purchased property and I'm not from the UK originally. We're about to buy a house and expect to exchange contracts early next week. We are in the middle of moving money from various savings accounts and ISAs and will have the money for the…
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Parents Lending money to Children for mortgage - Declaration of Trust / Second Charge
Hi Wonder if you guys can lend some advice, personal opinion on the following.. I am looking to buy a house with my girlfriend. I currently own my place, a 2 bedroom flat. My girlfriend is unable to move out of her parents place because she has a dog and my lease states I am not allowed pets. My place has been on the…
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tenants in common - deed of trust - diy anyone?
Has anyone written their own 'deed of trust' to back up a tenants in common arrangement? DH and I own our house in unequal shares (70% me, 30% DH). We have protected our shares in our respective wills (as there are children from a previous marriage) but apparently we need a 'deed of trust' stating the 70/30 split as the…
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What would you do?
Hello all, I'd really appreciate a bit of impartial advice if possible as feel like we're going to be going round in circles! My Father in law recently passed away and left his property to my husband and his brother. Before he died my BIL was living in the house with his girlfriend and a few of his friends. He couldn't…
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Part exchanges
Hi there, we would like to sell our home, and live in an area that has previously been quite attractive to first-time buyers as it is more affordable than others nearby (it's an ex LA property). However, there are now 7 houses for sale on our street and have been for some time, making us think it will be a slow process…
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Fair Wear & Tear Question
We have just moved out of our rented property and the landlady has pointed out a couple of scratches on the leather sofa, i have two small children who climb on the sofa with toys etc.. and the scratches were caused by this, i would say that these were fair, wear & tear but she is saying she disagrees and will get the…
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Can u get HIP before offer?
Hi all, We're looking at putting an offer in on a property - just wondering, should I be asking for the HIP before I put the offer in or can you only get it once you've had an offer accepted? Cheers Linds
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First time buyer initiative
Hi, I've heard about a new initiative by the government called the 'first time buyer initiative', has anyone bought on this basis and what are the downfalls i need to look out for? Thanks G
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Rental Protection Insurance
Hi What do other landlords do with regards to Rental Protection Insurance? Do you have it as a stand alone policy (I currently have policies with Letsure) or do you incorperate it in a Landlords Buildings Insurance policy, where I have seen quotes of "20-30% of the sum insured used to cover rent ............". I'm…
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Notifying lender of intention to let on a residential mortgage?
We are intending on letting our apartment shortly, which is currently on a residential mortgage with Abbey. I am aware that we need to inform the Abbey of our intention, and that they have to approve it before we can go ahead. Does anyone have experience of doing this, and if so, is there any chance we could be declined? I…
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Renting Virgin
I have been looking at some of the renting posts on here over the last few days and think I have been scared off the idea of renting!!. I am moving approx 200 miles away and will be renting until my house is sold but am feeling quite scared about it with all of the bad tales about landlords and estate agents - can anyone…
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Been turned down because of br
I applied for a house through the estate agents that i am renting throught. I was honest with them about my br and i put in a application form for the property that i liked and put down a guarantor. Got told today that the landlord won't take me as they have a mortgage and the mortgage says that tenants have to have good…
