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Landlords-What do you do with your rent?
Hi to all the landlords out there, I'm letting my property from the 1st July and just wondered what you do with the rent? -overpay the mortgage, keep it on one side for repairs, build up a pot for repairs etc. Any advice would be appreciated.
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Completing
Hi, I am completing on a house that we have been renting for the past 2 years. We are completing on the 20th June and have exchanged contracts. My query is a little silly but none the less it is a few quid I would rather have in my pocket. Anyway we have paid our rent this month up untill the 21st June, and that is when we…
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Renting - no hot water or water pressure !!!
Hi guys, Wonder if you can help me. My girlfriend has moved into a 2 bed flat in London. She plans to rent out the 2nd bedroom and has permission to do so. However she's been there nearly a month and there is no water pressure in the bath/ shower and no hot water or heating. The landlord has been very slow to act but…
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Homes Under the Hammer
"A 20th century dining hatch" A WHAT? A hole in the wall with shutters on it. They're period pieces now are they? Moron.
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Guarantor query
Hi My daughter has asked me to be a guarantor because her husband is self-employed and the letting agent has asked for one. The problem is I am 60, work part time and earn very little. The letting agent has asked for income details and pension details, neither of which amount to much. We do have money in investments but do…
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Some advice re: "Additional Property Infomation" form
We're buying a house, and we received the contract along with lots of other paperwork yesterday. I've read through it all, and the only thing that stands out is on the "Additional Property Information" form...it says "Is the central heating in good working order?" and the answer is No. OH is calling the solicitor today to…
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Letting nightmare...help required
Hi, my first post here and it's not a good one. Anyway, let me start by giving you the long and short of my renting career so far........ I rented my 2 bedroom flat 9 months ago. I agreed to allow a LA to do this (against my better judgement) and let let them sort out the finding of tenants, agreements, contracts…
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£300 a month or £3,000?
http://www.thisismoney.co.uk/mortgages/article.html?in_article_id=442799&in_page_id=8 You couldn`t make it up!
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Transfer of ownership to family
My elderly mother really needs to move out of her house to a flat nearer family, but would find it hard to manage the rent without housing benefit. Unfortunately at present she could not claim housing benefit as she owns he current house. It was suggested she could transfer ownership of her current house to her children so…
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Is she being diddled by her landlord?
I'm actually asking for advice for a friend who recently handed in her 1 month's notice to her landlord after moving in with her boyfriend. Her landlord has since stated that: a) she will have to continue to pay rent until her year's tenancy is up in September or a new tenant is found. b) she will have to continue to pay…
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What is it and how much is it?
Help!!!! We have just had a letter from the soliciters to say that the property we are buying has a potential chancel repair libility affecting it?????? What is this and how much would a Indemnity policy cost?:mad:
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Renting in the Newbury,Thatcham areas
My wife and I are looking to rent in Newbury or Thatcham and as we are relocating from London we do do not know the good or bad areas, so I was wondering if people could help with places to avoid, good areas to live, the best letting agents, and also any views on living in the above towns. I look forward to your replies.
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Housemate and Bills
Situation is this: Owing to commitments, I rent a room in one place, and travel to another frequently. I'd say I spend about half the week in shared house. First set of bills just came in. My reasoning is this: I'm happy to pay half of things that have a fixed cost, but where things can be controlled, I think I should pay…
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In need of advice
My problem is we rent a 3 bed house cost of £650pcm we have been on our local councils home choice scheme for a number of years 5/6 approx last year i became very ill with multiple bloodclots on my lungs and due to this was forced to finnish work ive been signed off indef by my doc and also the IB doc so it makes it hard…
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Council tax and energy bills liability
I have a friend who inherited a property that had tenants in it. The tenants left leaving unpaid bills and council tax and no forwarding address. My friend has contacted the council tax dept who are asking for copy of tenancy to prove that the tenants are liable for the debt. The managing agent was very unhelpful and has…
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Does anyone know the law in relation to neighbours tree roots ruining driveway?
The neighbours tree roots have badly lifted all my driveway slabs. The house has been repossesed by the bank now. I have only noticed this problem in the last few months as it was behind a gate that I rarely go into. Does anyone know what the actual law is , or a portion of it that I can quote in my letter? Would be…
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I get so frustrated with rightmove et al
You do a search and what comes up retirement properties mobile homes shared ownership these all should have their own catagories which you can select or deselect if you want, i cant stand having to wade through loads of stuff which catches my eye and then suddenly i see blah blah blah 50%.......
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Expert on BBC expert talks of crash and advises first time buyers to wait
Hi Video link below to expert talking about crash, negative equity in 95% mortgages now and best for first time buyers to hold off. Enjoy: http://news.bbc.co.uk/1/hi/business/7445884.stm :j
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Buying a house - valuation back & £20k under what we've offered
Some advice required on behalf of a friend. They have managed to get £40k off the asking price (original price was around £375k) however the valuation has just come back along with the survey and they only value it at £315k. They have offered to pay £335k. As far as the LTV and mortgage is concerened they are still happy…
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Buying remaining half of joint mortgage?!
Hi everyone, I'm after some advice after being given conflicting views on my situation. I purchased a property some years back with a friend (50/50 split - Tenants in common). About a year or so ago my friend moved out, with another friend buying his 50% share of the property. The property had increased in value during…