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Leaseholders being offered Freehold??
I live in a development of fourteen flats, with two shops below and I own my lease outright. We previously had notice (maybe two years ago) that the freeholder wished to sell for £1.5 million - they own the adjacent buildings too so I assumed it was the entire block not just our little bit. AFAIK the sale never completed.…
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Lease Extension - Please help
Hello all I own a flat and I share the freehold with the other owners of the flats in the building. I noticed that the lease for the freehold was issued from 1975 for 99 years. My question is should I now extend the lease as I am due to re-mortgage my flat end of this year. I was told that banks dont lend money if the…
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House Buying Companies Viewing Properties
Mate of mine has had his house on the market for a few months and had a viewing arranged by their agent. The lady came round and they thought things were a little odd when the woman made comments such as 'You know you get houses for 50k now?' etc etc. The house is on the market at £89,950 and they aren't desperate to sell…
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Selling up to rent, but will debts stop us?
My partner and I want to sell the house we share (I live here, but the mortgage is in her name and her ex partners for now) and move into a privately rented house closer to my work, and to give the kids a better standard of life. We viewed one house, and although beautiful, was too small. The Estate Agent told us we would…
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Cash Offer on house
Hoping for some advise as it's been 16 years since we bought our 1 and only house as FTB's. I really like this house http://www.rightmove.co.uk/property-for-sale/property-17764097.html?backToListURL=%2Fuser%2Fshortlist.html%3Ftype%3DBUYING%26index%3D10 It has been for sale since May last year and has been reduced by £48k…
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Spanish Apartments
I often read that the Spanish property market is suffering and that now is a good time to buy. I want an apartment but can't find any bargains, Rightmove/Atlas/Polaris prices still seem high. Can anyone tell me where I should be looking please?
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House Valuation lower than we Offered – What to Offer
My partner and I fell in love with a house close by. Property on at 325k, on market for a week, we offered 300k which got refused, offered 305k refused, settled at 310k including white goods. As seller was looking for a quick sale, we decided to rent out our property. Therefore decided to transfer current mortgage to new…
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First time Buy-to-let - is this a good idea?
Hi Everybody. I have been a big fan of MSE and I need some advise from the forum members to see if this sounds like a good idea. I am a 28 year old single guy with no dependants living in plymouth. Thanks to Martins help, I have paid off all my debts (including student debt) and have saved up £17,000 and am managing to…
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Investment Property - What calculation tools do I need?
Hi I know I'm going to get a flood of "Not the time to Buy" replies here, but I'm thinking of buying a property as prices are very low at the moment. What tools can I use to compare different properties to figure out the best option financially? Obviously house price, rental income, taxes and perhaps projected house prices…
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What do you do when your estate agent is rubbish?
My Mum and Dad are selling their home to move to a retirement bungalow after ill health, operations, hip replacement surgery and cancer -- but sadly their Red Homes estate agent is a git quite frankly. And an incompetent one at that. He "yeah yeah yeahs" them on the phone all the time without even turning the tv down to…
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Apartment details changed
Hi, We have recently placed a deposit for a 2nd floor apartment priced at £102995. The apartment is part of a block of 3 identical apartments with the 1st floor being priced at £101995 and the ground floor at £99995. All apartments were advertised as having just one parking space when we placed our deposit, but this…
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How much does it cos to run a house? (first time buyer)
Hi everyone I'm new to the forum so sorry if this is being posted in the wrong place. Me and my partner are looking to buy a 2 bed house for 2 people we are trying to work out how much it is going to cost to run per month?? elec ?? gas ?? water ?? phone ?? internet ?? tv license ?? mortgage £ 650-700 council tax (around…
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Transfer of property ownership advice/guide required
My father is getting old and he has a property in his name mortgage has been paid for. He would like to transfer the property either in my name as 100% or 50% each to two of my younger brothers one is aged 14 and the other 23 I already own a property that I am paying a mortgage on would this be a problem in regards to tax…
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Exchange of Contracts
Hi I have received my contract from the repossession company solicitors today, when can I expect to complete the deal? My mortgage offer should be sorted by early next week Any advice is appreciated, tense times!!
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Help!! Estate agents falsely represented property & mold problem!
Hi all, I'm desperately hoping someone can help us here because I'm really at my wits end with this. We moved into an apartment beginning of last year and all was hunky-dory. Then... the dreaded mold began! Basically, the flat has very poor ventilation and the window seals on the double glazing were broken. The windows…
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has anyone used a rent assesment panel?
i am a housing association tenant. today we just got our annual rent increase letter. they are incresing by more than 6 pound a week!!! normally it's only 2/3!!! i want to go to a rent assesment panel. has anyone else done this and what was the outcome? thanks!
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Dodgy Letting Agent
My daughter rented a 3 bedroom house with 2 of her friends. The house wasnt in the best condition when they began renting. The bedrooms all had white carpets in them. When the LA came around and did a final inspection they pointed out that 2 of the bedroom carpets had make up stains and they were going to have to keep some…
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estate agents are useless
I can't believe how difficult it is to get useful easily accessible information on houses for sale. I suggest to all sellers, before choosing an agent, pretend to be a buyer. Walk into their branch see if they pounce on you too soon, or let you relax and look at your leisure for a few minutes. Look at the display cards, to…
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International buyer wanted to buy house in the UK..how?
Hi I really hope you guys could give me advice....I am just a beginner and basically know nothing much how to buy a house......what happen is my friend in Malaysia/Taiwan wanted to buy house in the UK and he asked me to look a house for him............I found nice one here but doesn't know the procedure..........he is not…
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Best Place Online for Landlord Information
Hi there, I'm new to this forum so hello to everyone! I've recently become a landlord and there is so much to think about! It's a bit intimidating but I'm getting there but was wondering, apart from this excellent forum, what are the top places online to get information on issues affecting landlords and guides on various…
