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"Chain-Free" House, no longer chain free?!
So, I put in an offer for a house 6 weeks ago, it was accepted and then rejected as they'd had a higher offer from a previous viewer - I upped to the full asking price as a) it was still within my budget and b) I wanted the house enough and think it is worth it. Second offer was then agreed. I was told that the seller was…
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Over Priced?? Your thoughts Please :)
We are a couple of weeks away from completing the sale of our business. We've been looking for houses for a few weeks and we're trying to find something which we could be in for a very long time (a definite buy till you die!!). Now our price limit is £210k we will have a 70% LTV. We've found a property that ticks all our…
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Info on renting property out since purchase
Hi, new to this site, me and my friend have recently purchased a house to live in and have been living in it only a few weeks. We both work away but wanted to buy something while we could but no we have new jobs whcih mean we will be out of the country for months at a time. Just wanted to know if I wanted to rent my…
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what TV should a short term tenant expect?
Bit of a strange question but I am trying to find out what is normal or reasonable in a property that is let on short term contracts . I let a property that I part own currently the TV is supplied via a special cabling sytem and tenants can get the normal 5 channels, a couple of Sky channels and some music ones and I pay…
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section 21 notice
hi can anyone tell me wat happens when a section21 notice runs out when arrears are still due
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Renting Trouble
Looking for advice for my step daughter. She's renting a place with her boyfriend, and after she lost her job they can't afford the rent. Turns out that they've missed 2 months and are being threatened with baliffs etc... I know this is their own fault and I'm not trying to find a way for them to stay in the place.....they…
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Asking Price vs. Valuation
As a First Time buyer I am intrigued by how asking prices have remained at similar levels to last year where we are looking to buy in Kent, yet you read everywhere that house prices have gone down by x amount. Apart from the uphill struggle against vendor denial which you can't do much about, when (if at all) can you…
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HIP's: Do it youself or get a estate agent to do it?
Hello All i am in need of some advice. A few months ago i had a couple of estate agents round to give me an estimate valve for remortgaging purposes. i have now decided that i want to actually move at some point this year. One estate agent told me that if i pay more than £250 for my HIP then, I'm being ripped off. My…
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Advice for Newbie Landlord
I'm having to move for work reasons come July and have opted to rent out my current house rather than lose all the equity in it by selling. The issue is that I've always been the renter and never a landlord! I don't want to be the kind of landlord I often came across either so want to make sure I do things right. The house…
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Managing my BTL myself. Getting rid of agent!!
I have a BTL house which i let out to a family and it is managed by a letting agency for which they charge me a monthly fee. The family are 10 months into a 12 month contract. I have got to know the tennants personally and i know they want to stay for another year. But i would like to manage the property myself and cut out…
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How much to offer on new build
We are looking at a new build house by Lovell on a 75% ownership. They give us a 0% interest loan on the remaining 25%. We are looking at part exchanging out house but just waiting for them to come back to us with an offer. The new build is a 3 bedroom, 3 floor semi with garage. It is on for £162,950 full value (£122,212…
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Left house in will - what to do next
Just need a little help with something. Back in Feb, I lost my father & he very kindly left his property to me & my sister as inheritance. The property is in a not too bad condition & as the two of us don't have any growing up/sentimental memories there we are looking to sell. It's on the market at the moment at £80k which…
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Please I need advice...Property in negative equity, splitting with partner!
Hello. My partner and I purchased 50% of a shared ownership property a year ago. We therefore took out a mortgage of 50% of the value of the property. We did not need a deposit. We are now splitting up, and my partner does not want to sell the 50% share we own. I am almost sure in the last year, the value of the property…
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'Lend a Hand': new FTB 95% mortgage product
I just read about this in the Metro and it seems quite an interesting product: http://www.metro.co.uk/money/article.html?First-time_buyers_have_95%25_mortgage_with_conditions&in_article_id=667978&in_page_id=36 http://www.lloydstsb.com/mortgages/lend_a_hand.asp Basically FTB's can get a 3-year fix at 4.39% with only 5%…
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Check out fee £116+vat / electric dispute
We're 4 days from moving out of our rented flat into a house we've just bought (yay!) After giving 2 months notice on the rented flat our landlord has just told us that we will have to pay £116+vat for a check out by an inventory clark. Thing is, they didnt use one for check in (we just walked round with the landlord and…
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Help/advice needed need to sell house, already moved to new homw cant afford both??
This is a bit of a complicated one. I own a house which I purchased with a short term mortgage (5 years) due to the fact that I was getting close to retirement. Due to all the extra insurance costs etc I had to change to an interest only mortgage, which meant at the end of the mortgage term I would have to sell the house…
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update on LA withholding bond due to final bills
Hey all , thought i better let you know , i posted a thread sumtime last week on my LA not returning my bond until my final bills are paid at the property ..and we come to the conclusion that they are not allowed to do this . Well i have had been onto a solicitor as they refused point blank to return it until my £ 300.00…
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Tenants let down by 'extra' costs
The BBC report that extra costs can add be as much as £600 to the cost of renting. What is the experience of MSE's tenants and LLs? I let my property privately and there are NO extra costs passed to my tenant. Letting Agents charge the LL a percentage of the rental income - is this not enough to fund their needs? Link GG
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Having second thoughts
Hi I'm new so bear with me. I just want some advice as I am a first time buyer. We have been renting and just had a baby so wanted to get on property ladder after hearing reports that the market had bottomed out. We started to panic thinking houses are as affordable to us as they ever will be so we found a house we love.…
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Renting : Legal Help Needed Please! Administrators Messing Me Around!
Hi guys, just had a very strange phone conversation with my landlord's administrator. Here's a bit of background info... I'm renting a new build from Oakdene Homes who have recently gone into administration. They've served notice on all tenants (2 months, up on 23rd July). I have found somewhere to move to which becomes…
