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Survey, what do they do?
Hi there, we have a a surveyer/valuer coming around next week from our buyers. Having never sold or (or bought for that matter) a house I just wondered what they do. Are there any areas that need to be clear (like the loft) or is it not that through. Is there anything I should be doing before they come? Thanks
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Survey shows Dampness in ground floor walls.. buy or not to buy?
Hi, Hope you can enlighten me with your experience ;) Our survey came with evidence of dampness in ground floor walls, so they say we have to get a dampness/timber report. My questions are: - Is that very expensive? - Is it worht to buy a house with that? The house needs COMPLETE doing, and our offer reflected that, but I…
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A reasonable offer??
I am about to view a 1930's detached house in south staffordshire. The propety is currently vacant and appears to be in good condition but is probably dated. Its on the market at £159, 999, which in normal times I would consider a good price. Taking account of the market etc and the fact that I am likely to get less that i…
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Help With Dads House
HI, NEED A BIT OF HELP HERE, My dad died a few months ago & left his house to myself & my brother & 2 sisters. The problem is what to do with it? The house is in an ideal position in a culdesac on the outskirts of the city in a nice village 5 minutes from the motorway. It is in nead of a lot of work (new windows, central…
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FTB - Mortgage repayment declaration help
Hello Ive got a form that i need to fill in regarding a mortagage. Ive got repayment declaration form asking me how i intend to repay the loan (interest only). what sort of things do people put here? Regards
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How much would you offer for this house
I have seen a house on the market for £380K, it was sold to the present owner at the peak of the market (Oct 2007) for £395K. Using todays nationwide figures this house should be valued at approx £313600.(20.6% off peak) House prices are expected to fall by approx a further 20% so I feel that a fair offer would be £250000.…
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Buying a New Build
Hope others that have gone through a similar experience can help me! Buying a new build in Scotland at the moment. Missives were signed 6 weeks ago and we were told at that point (verbal approval only) it would take 6-8 weeks to finish the house and have the house handed over. The house was built and just had to be fitted…
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good online conveyancers. anyone reccomend some companies
hi anyone had a recent good experience with a online conveyancing company, I was with beaumont legal up until i found out the house we are buying has no HIP pack so they have to change an additional £136.00 for local searches plus £99+vat for there proffesional fee. Plus they take the odd day or two to get back to me when…
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When would you try and sell?
I am hoping to move closer to my family - I own my place and still have some equity in the house. I will need to sell up in order to move back. There is no rush - but sooner rather than later would be better. When (and don't laugh here) do you think would be the best time to put the house on the market - Now, spring next…
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Agency Fees, Credit checking the LL
Me and the other half are looking at renting soon in Fulham and we are wanting to call on the opinion of landlords / agents out there as well as the experience of other tenants. We both have good jobs (Professional Engineer and a trainee Solicitor) but I think the amount EAs charge for credit & reference checks (what cant…
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Leasehold flat
Hello, I'm thinking of putting in an offer for a flat im SE london for about 240k - eek! It's what we want but it has a lease of 86 years. Someone said to me that was too low but he didn't really know why. What's everyones opinion on a sensible minimum lease to buy if we're planning on living there for a few years? :o…
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S21 Question
Hi all, Just hoping someone can give me the definitive answer to this question. If a tenant goes bankrupt with no rent arrears, they're in an AST which doesn't expire til september, and the LL decides on the bankruptcy they want the tenant out, am I right in understanding that no matter where the s21 notice is served in…
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Reposession
:j Hey all I am currently trying to purchase a repossession. It's not in great condition & would need quite a bit of work. It's been on the market since aroung Aug & was up at £132, 000. Subsequently it was reduced to £122, 000 around 3 months ago. I had an offer accepted of £115, 000 around 2 weeks ago, but it was…
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Loan for a mortgage deposit?
I'm a first time buyer just sick of renting and desperate for my own permanent home! I'm looking at all options and someone has suggested I look into getting a loan for a deposit to increase my chances of getting a mortgage and for cheaper interest rates (especially in this current financial climate!). But would this not…
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Stuck between a rock and a hard place
Please be patient this is rather long winded, Thanks in anticipation for your advice. I have inherrited half a house with my sister inherriting the other half. I am wanting to do work on the property to increase the likelihood of a sale (expecially considering the current climate). I'm finding this increasingly frustrating…
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House purchase becomes a repo!
Help please! We had an offer accepted on a first property before Christmas, but the sale was slow to progress from the seller's end. We seemed to be getting close to exchange, until today, when we received a call from our conveyancer advising that the seller was much more deeply in debt than anyone had suspected and the…
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Just completed on my sale!
Had the call from solicitor just now - my sale has completed. :T I'm now officially a STRer. For those not on the 'selling in these difficult times' thread, I've sold my flat to a BTL investor and am renting it off him, so no need to move. :D I've lost a lot of money on the flat, but not having the drop in value every…
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Help, My Landlord is Unreasonable
Hi. Please can you help with some advice...? I rented a property a while ago of which I and my family still live in. Prior to moving in my landlord verbally noted some defects which he said would get sorted, this was an insecure back door (I.e it wont secure) and a continuous drip from an overflow pipe that dripped water…
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Error in tenancy agreement
I renewed my tenancy agreement in September. I had planned to renew every 6 months however when the renewal was due, the letting agent put pressure on me to renew for a year and I ended up signing for the year. I looked over the contract tonight and the wording is as follows: 'Term: For the fixed term of six months, from…
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Boiler broken down in rented house
Hi everyone, We rent our 2 bedroom house through a letting agent. Yesterday morning our boiler broke down, leaving us with no hot water and no heating. This is the second time in about 8 months this has happened - last time the letting agents sent a contractor round who apparently fixed it, although spent most of the time…
