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Loan for buy to resell
What kind of morgage/loan would one require to purchase a property to refurbish and resell. Yes!!!, I know about the current economic downturn, and "now is not a good time" and all that, but I really just want to know about the type of loan needed. Does anyone know of a website that deals with the building regulations…
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Buying a repossession
Hi, I wonder if anyone could give some advice? I put in an offer for a repossession three weeks ago and got the offer accepted. I got this letter through the post from Spicer Haart, the company acting on behalf of the bank that is selling the house.. (the letter came couple of days after the offer was accepted)... Further…
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Mortgage Advise
I am a FTB and had found a flat i wanted my offer was accepted and mortgage was approved, i had the valuation done and accepted so i paid the booking fee £999. I found out Friday that the vendor is now thinking of dropping out of the sale and renting the property instead of selling. Can anyone tell me how this will affect…
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Tenancy & Bankruptcy
We moved into a rented property 6 months ago, and having just become bankrupt, the tenancy was taken out by my partner with myself being a named occupant. At the time we paid a fee with the agent (yourmove) to get my name added as a named occupant. We have recently renewed the lease for another 12 months, and the landlord…
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First Time Buyer - Please help. Viewing property on Saturday
Hi all I have been reading loads of threads on this section and found them very helpful. But I still need help. Me and my partner are going to view 2 3 bed houses on Saturday. House A is Price Guide £124,950 - £139,950 this one has been on the market since August 2008 originally on sale for £149,950 and kept knocking the…
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Service Charge - huge price hike - where to go for help?
I bought a property last July (work relocation with good package from employer) which is in a small 4 year old development in a large residential area. The development is a mixture of types of housing - and types of residents - I am a freehold home buyer and others are on a house buyers share scheme and low cost housing -…
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Cardif Pinnacle increasing accident & sickness premium
Hi, I have had accident and sickness insurance since I have had a mortgage (5 years) originally it was with Zurich, until Cardif Pinacle took it over. I have received a letter saying that they will be increasing my monthly payment from £33 to £46 ! as due to the economic climate the cost of them providing cover has…
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HELP! Depost info
Hi there! I hope I'm in the right place... I'm after a little advise with regards to selling & Buying... We have just accepted an offer on our property and have put in an offer and had it accepted on another! HURRAH! We have sorted the mortgage info etc and that's all going through.... We are just sorting out the…
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Landlord wants to do building work...
Hi, My landlord has informed me (and my housemates) by txt this evening that building work on a new conservatory will commence tomorrow morning. I don't think I need tell you how irritating this is. We're students, and we agreed to let this house knowing that the landlord would be building a new bathroom. She said this…
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Social Housing - is there a limit to the savings you can have?
Sorry if it's an obvious answer, I've searched on direct.gov and the council website, plus a forum search here and found nothing. Is there a limit of how much you can have as savings for you to be entitled to social housing (as a new tenant, not an existing one)? I'm trying to find out for someone else, and would think…
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Hope i am in the right place???
Sorry if this is not the right place to post this but if not hopefully someone can point me in the right direction. Anyway, to cut a long story short, me and my wife have seperated, she has gone to her parents and me to mine. Been like this a couple of months now. Just recently the wife has managed to get a house to rent…
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Help please!! What are my rights re incorrect survey?
The chimney stack has just fallen through INTO THE HOUSE of a small cottage which I let through an agent!! I bought the house about 2 years ago; surely something this structurally unsound whould have shown up on the survey ~ a chimney does not become that unsafe in 2 years surely?!?! (Fortunately neither of the tenants was…
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What is ground rent & why is it on freehold property?
Hi, I'm due to exchange contracts by Wednesday on a repo and have just been issued the contract and special conditions. One which caught my eye was: "10a - if the Seller is unable to trace the current Lessor/landlord by the completion date, failure to obtain the consent of the Lessor/ Landlord shall not entitle the Buyer…
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Removing sold signs
I noticed whilst playing with that new plug in for houseprices.co.uk that a property near me sold in October... the sold board is still up though... It's a bit naughty - and might well not be their only one they've got round here ... Would you snitch them up? (Or have I just got my "hate EAs" head on?) ;-)
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Estate agents T & C's
I'm a first time 'poster' and would like to ask if anyone knows whether I'm tied in to an Estate Agents Terms & Conditions if I haven't signed them?
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Sell house to tenants? Or not ...?
Background: I have two houses in the UK, both of which I let out while I live abroad. One house is worth about 100K and has a 75K (interest only) mortgage on it – the tenant is brilliant and the rent covers the mortgage. The tenant has been in the property for three years and I believe intends to stay long term. The other…
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Rented house is being repossessed, due to landload.
# gf pays for the rent in the flat no bills etc.nothing wrong with her. # landlord has not been paying the mortgage or council tax and the bailiffs are coming to repossess the house on Wednesday. she only found out by opening a letter which you couldn't see the name of who's it was. where does this leave my gf as well as…
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Shared ownership: Good or bad?
I have seen some posts on here saying that Shared Ownership is not a good thing I didn't know what it was so I looked it up - http://www.housingcare.org/jargon-shared-ownership.aspx So basically the scenario as I see it is you end with 2 elements the part you own and the part they own and over time your part increases So…
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First time buyer - worried - advice!
Hi All, I am a first time buyer looking at a property for 195K I am a key worker earning 27000 per year (going up to 29600 in Sept). I am looking to get a key workers loan for approx 50-60K and a mortgage of about 130K. My partner who has started his own business will be living with me is currently just breaking even and…
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Leaving rented property - no inventory
Hi, My tenancy at a property ended on Saturday, but despit many phone calls to the agent to get someone to come around and do a check to get our deposit back no one came (although they said they will pass our details on to someone who does a check, is this normal?). It was my 1st rented property, and there was no inventory…
