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Tenants - PLEASE take out CONTENTS INSURANCE - BURGLARY
I just wanted to post this as a warning to tenants. If one tenant reads this and decides to take out insurance and avoid heartache then it will be worth it. A property I manage was burgled late Saturday night, early hours of Sunday. The tenant was not insured and they have lost pretty much everything of value that they…
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Online conveyancing vs local solicitors
Hi all, Do online conveyancing companies cover everything a traditional solicitor does?, or do you still need to employ the solicitor for the final stages of the process? Any tips on the right way to do things would be appreciated. Paul
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tenant moving
Hi my very first tenant is on the move unfortunately. I just wanted to know what i charge her if she gives me notice to move on a different day to which she moved in - do i work out rent on a daily basis by dividing yearly rent by 365 or do i divide monthly rent by no. of days in current month?
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Paying 6 Months Rent Up-Front - But Claim Back Monthly LHA????
Hi, Im after some advice. Im going to view a property with my partner and child tomorrow. I have recently had my hours lowered,so my income on paper isn't that high. But i have been saving for a while. So i could pay the 6 months (roughly £5000) upfront. I haven't got any savings over £6000 I can see this being my only…
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Letting Agent Fees
This post is being written on behalf of my son's ex-partner. They have a 2 year old daughter. She lives with family at the moment, but wants to move out and the local authority waiting list is currently about 4 years. The question I have is about letting fees. She's been told that she would have to pay the letting fee and…
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New build
Hi Me and my wife are looking to buy a persimmon new build, we are offering £170,000 for a 4 bed detached which is up for £209,995 with 5% deposit paid. This offer was rejected by persimmons, i was just wondering if any one as any advice on how to proceed? I will leave some details below as to what the situation is. We…
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renting out the annexe
Hi We're looking at some houses to rent and one we went to yesterday we love. It has a seperate annexe and the guy that showed us around from the letting agency said - totally unprompted - that he had asked the girls back in the office about the new renters getting someone in to rent the annexe and they said what they…
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Static House Prices
I just dont get it. In My area I have been watching for months now and the same houses are shown on Rightmove without any variation in price. There seems to be only a few flats which have sold and some repos. Just what is the point of putting your house on the market and letting it sit there for all this time at the same…
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New build, not cheap but nasty?
I was viewing properties on Saturday, one of which was a new Barrett development; two friends and I looked around one two bed place, it was not yet finished (breeze blocks showing, floors in). Looking at the plans we worked out just how small it would be. A standard 4x6 bed would fit in the master bedroom with around a…
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Offer on house - work needing doing
We have put an offer in on a house and this was accepted. A full building survey has been done and highlighted that it needs a lot of work on the roof, new guttering, install damp course in kitchen, new concrete floor, some structural building work to make property safe, plus install new kitchen and double glazing. I am…
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Cash Offer
Hi, Have put in a cash offer on a house. The estate agent phoned up and said that if the offer was accepted that he would like to see proof of funds. Is this standard practice or are they taking the p***. Cheers Wibble
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Cost to change name on deeds of house
House was owned by my parent who died last month. The will states I have a right to buy the house for ½ it's price or continue to live in it for free. However the solicitor says the name on the deeds needs to be changed to the trustees names. Does anyone know how I go about this? how much it will cost me? and how long it…
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Am I being played?
Found an ideal house (lets call it house A), it's a lovely location, a hop skip and a jump from work (3 min drive, 15 min walk). On the market for £120,000, come down from £150,000 since July last year. There's no garage but a decent enough sized shed for storage, and room to build one if needed (permission allowing of…
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first time buyer
hi ya wanna put in a offer for a 1 bedroom flat its worth about fifty grand, gonna make them a offer for 40 rand is that being cheeky or just right? thanks in advance.
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Title Deeds and Charges
Hi everyone. I married my wife a few years ago and moved into her house. she had lived there/owned it [mortgaged] for over thirty years. A couple of years ago against my wishes I was put onto the title deeds as joint owner largely through a solicitor's misunderstanding- it's too complicated [and largely irrelevant] to…
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new tenancy - what to look out for
Hi all I have my copy of tenancy agreement ready to sign for move in at the end of the month, but before I sign it I want to check a few things. a) there has been no mention in either the TA/letter or in any verbal discussion I've had with the EA of an inventory b) this is important because the outgoing tenants have left a…
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Should I sell or rent out my property?
Hi I have a property that I need to sell but the market is pants! Do I carry on with selling it or should I rent it out? I've heard the rental market is flooded with property that can't sell so am in two minds as what to do. Any advice or experiences will help no end.
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Found the perfect house... 2 months early!
My OH and I are looking to move when our current rental contract ends in May. We've started looking on rightmove for new rentals (probably our first mistake, it's way too early!) and have found a place that would be so perfect for us... trouble is, it's available now and we're not! Obviously I will ring the letting agency…
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Buying a reprossession house
Hi all I have been reading through the reads and have read all sad stories about buying a repossession house and now its all worried me because I have but an offer in for one and waiting to get accepted. Does anyone have any good stories to tell about buying a repossessed house. The 7 day public notice for the house we…
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To do Hip or not to do HIP?
From direct.gov.uk : "You don't need a HIP for: Sales of portfolios of properties, for example, selling two properties together. Does that mean that if I sell my converted house of three flats ( two rental flats, and one owner/occupied flat) in one tranaction, I do NOT have to have a HIP for any of them? Any opinion (legal…
