-
Asking price
Hi all, I am currently contemplating putting an offer on a 3 bedroom house in the area where me and my Wife want to live, and send our children to school. The asking price is offers over £115,000 Does this mean the vendor has instructed the EA to eject all offers below? Is it a hard and fast rule that they will reject all…
-
Buy outright and remortgage, or mortgage first?
My 20 year old daughter has been left a modest amount of money that would enable her to buy a 'run down' property in the local area, possibly at auction, for around £75,000. However that would use up all of her available money and she wouldn't have any money left to do up the property. Should she look to get a mortgage…
-
Envirosearch report findings
I'm buying a new property which is nearing completion. The Envirosearch report has come back as PASSED but has identified that there is a low risk of "natural ground stability instability in the area within 50 metres of the centre of the search". My solicitor has obviously highlighted this as something that I may wish to…
-
Broken Fire Alarm
Our hard wired fire alarm has been broken since September, and despite numerous contact with the agency I let with (and my actual landlord) nothing has been done about it. I'm really worried about this because this house is like the house that jack built, and I don't paticularly want to burn alive while I sleep. I'm…
-
An increase in rent - please help me understand why
Thats what is in the letter and so i would just like to hear from other landlords and tenants their thoughts on why an increase is felt necessary. Here are some facts. We've lived in the property since April 2001. The rent has increased 7 times. It's on a busy A road (60mph). There is no fencing on the border of the…
-
Housing buying fees and help
Hello and thanks for reading my thread, I am looking at a house at the moment, £57500 for 50% 2 bed semi, They buyer is giving a 5% deposit and we will be contributing another 5% what are we likely to be repaying as a mortgage if one would still be able to get one at that ratio our joint income is 35k i have a 5k car loan…
-
And just to keep you warm in all this snow...
... http://www.dailymail.co.uk/news/article-1136113/Average-house-price-RISES-100-month-Bank-cuts-rate-1.html?ITO=1490 Toast your toes on that...
-
Property ladder - how does it work?
This is just something I was thinking about the other night - I was wondering how the 'property ladder' works. I know that people usually start off buying whatever house they can afford and then maybe aim to move up to a bigger or more expensive house a few years down the line. Is it simply the case thatduring the time…
-
Offer in.....just waiting! eeek
We put our offer in on a house in North Lincolnshire on Tuesday afternoon, and are just waiting for a response. To be honest I’m not overly surprised, the vendors are probably still in shock at embarrassingly low offer we put forward! The house has on been on the market for 2 years nearly. It was on at 295K, then went to…
-
Shared access gate
Hi, i'm trying to find out some about shared access gates. Basically there is a big gate which is falling down that covers a shared access to a number of flats at the back of the buidling. One of the landlords wants to remove the gate totally as he says as the hinges are on his wall it belongs to him but we dont want it…
-
Landlord died - what rights his tenants have?
Sadly, landlord passed away, but the rent has been paid in advance for a year. How his death would influence the tenancy agreement? The landlord was paying off mortgage on the property, as well as he had at least one loan secured on the property. What are tenants rights in such situation? Would they be allowed to live in…
-
Bankruptcy and private renting
I have a client who has a strong chance of being made bankrupt in the not to distant future. she is also looking to rent a property from a private landlord but has been told (not sure by who) that if she does knowing she will become bankrupt she will be kicked out of the property as this will void her tenancy agreement.…
-
Tenant council tax con
If council tax is calculated on the basis that you pay for 10 months and get 2 months free, why if you rent for 6 months only will they not apportion the amount or give you the equivalent of 1 month's rebate? Even if i transfer my council tax to my new flat, i still have to pay the full 6 months again. Surely this can't be…
-
Didnt sign inventory - now moving out
Hi we are moving out from our house, and have just found both copies of the inventory (1 was for us 1 for for the letting agent). The LL is really strict with and we think may being a little unfair with what is fair wear and tear. When he took us on (through an agency - but he met us first) he knew that we had a toddler.…
-
Bankrupt Landlord
I was at a friends house yesterday, this her the situation...... She moved into her rented house last november, paid a months rent as deposit and hasn't missed any payments. Her landlord also owns 5 other properties in her terrace. She recieved a letter 2 weeks ago saying her landlord has gone bankrupt, she was told to…
-
Landlord has done a runner - HELP!!
My sister was advised today by her letting agent that her landlord has basically vanished. Stripped their own house, posted bak the keys, cut off the landline and shut their UK bank accts. My sister is on a tenancy on their btl flat until July 2009. I guess im asking for a little advise - i will push her in the direction…
-
Should I ask them to lower the rent?
Hi all, Just seeking a bit of advice, I have been renting a property now for the past 2 years, and i that time the landlord has only telephoned to ask if we are ok twice (seriously). Hubby and I are looking after the house well but no checks (safety/boiler etc) have been done since we began renting. Any work we have sorted…
-
Getting Deposit Back
Hi, I am renting with a landlord, I have been living in the property for 3 months. When I signed the tenancy agreement the landlord didn't have a copy to give me and said they would later. I forgot about it until someone else moved and the landlord said the same thing to the other person moving in. I paid my deposit by…
-
mortgage with bad credit rating - help needed
hi all I am looking to buy a house asap but i need some advice on mortgage and amount of deposit i would need. I currently have a default from a credit card and one from a loan which will stay on file until 2013. i would be wanting to borrow about £60k and currently earn £15k. Can anyone advice whether a bank would lend me…
-
What do you think of this BTL'er?
Two houses have been bought in my street at £600k +, one is rented out to a family at @ £1300 per month. Apparently he is looking to let the other house out to students at @ £300 per month with 5 poss bedrooms = £1500 per month. Can anyone tell me how this guy is making any money? Am I missing something here, he could have…
