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Viewing a house - what to ask and look for
Whilst this is not directly "money saving", knowing what to look for in a house will I'm hoping this will help people (including me) get appropriate value for money and possibly save some cash by taking potential issues into account when making an offer. So, with that in mind... I am/will be FTB and want to start looking…
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Could you live with a high speed rail line at the end of your garden.?
We have been looking at a house to buy which has a railway line at the bottom of the garden. The garden is very long, about 80 - 100 foot and currently has 4 trains an hour going past. The station is not that far away but we havent been there when a train has gone past so do not know what it will sound like. I have been…
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FTB Advice Needed- When Should I Give Notice?
Hi Guys, I recently had an offer accepted on my first flat on Friday. It's a Bellway part exchange property and I bagged a bargain. One of the conditions is that we have to complete by the end of this month (February). Mortgage advisor says it's possible and so does solicitor. I am currently in rented accom. and need to…
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Advice Please
Hi fellow MSE's! I need some advice and thought I'd post in this forum - I am not too sure if this is the correct forum to post in so please bear with me. My mum has recently passed away and my ageing father (who has Parkinson's Disease) requires 24hr care which was provided by my late mother. He has a social worker and…
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Am I eligible for housing allowance?
Hi Please can someone help me to work out whether I am entitled to housing allowance. I have been on the LHA website but I am very confused with the result. I don't know if the figure I have been given is what I must pay, what I am entitled to claim or quite what it means :o . Rather than post my financial details here in…
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Clause in Tenancy Agreement about "private dwelling-house only" vs work from home
Hi All, I'm about to renew my lease agreement with my landlord and he has sent me a new tenancy agreement. One of the clauses is: "(7) To use the Property as a private dwelling-house only. This means the Tenant must not carry on any profession, trade or business at the Property and must not allow anyone else to do so" Now…
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Is renting our house out and buying now a big gamble?
Hi I would like people's opinions if possible on our current situation: We have a £50k mortgage on our house, currently worth about £150,000 (at worst). We are lucky enough to have a tracker mortgage, meaning our monthly payments are currently £223 and are due to fall again by around £30 We want to upgrade soon as have…
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Bond certificate
Hi, Anyone know whether a Letting Agent is supposed to give the Tenant a Bond Certificate. I have been informed today that this is the Law. A Tenancy deposit was paid but no certificate has been received. Also I have been told that if no bond certificate is issued then 3 months rent can be reclaimed, seems to good to be…
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Do I get a new mortgage or use my cash Isa's
I am mortgage free on the house I live in and also a house I rent. I need £60,000 to extend my house can you advise what you think I should do please ? 1 Get a mortgage on the house I rent (get somthing back from the tax man)at todays low rates and pay off in about 10 years ? 2 Cash in all my cash Isa's and stick about £…
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Two viewings today
Went on two viewings. Both accompanied with same EA. First one he'd booked another couple to look too - so five of us walking round quite a small old-ladyish house. Small but ok - not my choice of decor but all fairly good condition. Neighbour has LARGE confiers about 7ft away from back of house. Will cause shade if not…
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Been Offered Freehold but Rent only £1.60 pa
I've had my leasehold house for about 8 years paying £1.63 ground rent per annum. Every year I'm offered the Freehold which is currently £620 (which includes £40 Land Registry Fee and their "admin" charges). It's less than last years offer which was 700 quid - so I wonder if it's worth trying to barter... I'm considering…
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FTB in breach of contract, should we go for the developers offer?
My wife and I made a big mistake last year, we signed a contract to buy a new build. We had a great mortgage deal at the time and wanted to get on the ladder. Fast forward to summer '08. My wife was not in work so we did not complete on the purchase and are now in breach of contract. Oh dear. It turned out that the…
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Affording a new home? Any advice?
Hi if anyone can give me any advice I would be really grateful. I am currently looking to buy a flat. Probably wont be able to afford more than 100K. i surrently earn £13000 per annum and will hopefully have about 55 to 60 k cash after divorce settlement. Having done a few iinitial sums I still wonder if I am going to…
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Help - what to offer when there's competition
Please help if you can! We think we've sold - this time next week things should be a bit more solid but house has been surveyed and we've accepted offer - just waiting to hear back from buyers' solicitor. This week we've been trying to choose between 2 houses: ;) House A is offers over 185K - we were going to offer 175 to…
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Offer Accepted (Scotland) - Which Type of Survey?
Have been notified that my offer on a property has been accepted! Yay! :j I know that I will have to get the property surveyed (this is for mortgage valuation I assume). The property had been on the market for a long time and predates the Scottish single survey (Home Report - similar to HIPS I assume). This may sound like…
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Tenants in Common - Dispute
I am currenlty in dispute with my flat mate, we both own 50% of the property as tenants in common and we have a declaration of trust which covers selling the property. They now want to move out and rent out their room which is fine by me however they are in a rush and have said they want to move just anybody in which…
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Ftb's Are Back!!!!!!!!!!!!!!!!!!
By me there is a small village called coleshill in birmingham, now we have all been saying first time buyers are not back, but for such a small village they have 6 sstc satus first time buyer properties, since the middle of january this has got to send a sign for ftb's as the rest of the ftb's people are begining to come…
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Buying half a house
Hi, My partner and I have been looking into buying my Mum's house, but due to our financial history it is more or less impossible to get a mortgage for 120-140k with less than 25-30% deposit. We have come up with a potential solution, but we are both unsure whether or not it can be done, or where to seek advice! Basically,…
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how to state property price. quickie question.
i see from the various property sites that there are different ways of stating the price, eg:* offers in the region of £100,000 * offers above £100,000 * asking price £100,000 are these just meaningless terms, or can we still offer below the asking price and get away with it? thanks, hamble
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what are we doing wrong
My Mother Died last year, and we have been trying to sell her House. yes I know like thousand of others :confused: our Problem is in over 9 months we have not had one viewing :confused: . we've tried too different EA. There is a House three doors up from my Mum's also for sale that House was on the Market before the credit…
