-
How do raise the dosh to buy my dad's house?
OK, so here's the deal. We have moved into my dad's house and are going to buy it from him. Trouble is we moved from London to countryside which meant a drop in salaries for hubbie and I, and then with the credit crunch we can't get a mortgage. So...how to raise the extra deposit needed to get a mortgage. This is where we…
-
What would be a good offer?
Hi, We are looking at buying a house which is on the market for £190K. But it needs atleast 20-30K spent on it to bring it up-to-date. (20K - just enough, 30K - a good job!!). What would be a good initial offer for this property. As such we are first time buyers and havent much clue as to how it all works. My OH thinks…
-
Mortgage Redemption Fee - getting out of it?
I've had the excellent fortune to be on a discounted tracker for the last 14 months or so - currently paying 0.85% interest! It runs out next April. However I'm unexpectedly moving abroad. My flat was on the market before the job abroad came up and I've got a really good offer on it so I've decided just to sell up. However…
-
Repo house
I'm trying to purchase a repossed property that is being handled by a EA. I put an offer in and was told the company handling the sale are quite slow so it may be a couple of days before you get an answer. After a week i rang and pushed the EA and at the end of the day was told that the company wouldn't put the offer…
-
Flipping natwest surveys!!
We asked for the full very expensive survey and they have done us the standard one. My partner still wants to full survey to be done (i'm not bothered to be honest) and Natwest are saying that if we want to full one done, even though they have taken the cost of the standard one, we have to pay full whack again. Why should…
-
key worker buyer approved
Some advice on key worker buyers would be very much appreciated. We accepted on offer on our house from someone who was buying under the key worker scheme. This was quite some time ago, and we had basically given up on this going to completion, particularly after seeing the problems other people have reported here with…
-
Cheap house valuation from Chartered Surveyor
As I'm in a Shared Ownership house (60%/40%) that I am looking to remortgage, I have to get a valuation from a registered Chartered Surveyor before the housing company that owns the 40% agrees to the remortgage. After that, I can scout around for mortgages. The chartered surveyor's fees seem to be £250 or more. Is there…
-
Joint owner forcing sale - help!
Hi there I bought a house with a partner in about 1993. We split up 5 years later and I paid him off an agreed amount (we had a valuation done and a bank transfer was made for half how much the house had gone up by sice we bought it). He moved out and has contributed nothing to the house or its upkeep since. However, he…
-
My First BTL
Hello, I have recently bought a property in London using a BTL mortgage. Ideally, I wish to configure it as 3 bedrooms to let individually, and have individual rental agreements for each room. I already have tenants ready to move into those rooms. Then there is another room that I will keep for myself for ocassional use…
-
Help - Who has to pay for flood damage to my ceiling
I am new to this but I could really do with a bit on advice. I live on the middle floor of a block of flats. It is leasehold so we have a managing agent for all our service charges. The flat above me had a leak at the weekend and it has left me with a water damaged ceiling and a broken extracter fan. I immediately informed…
-
Seller speaking to Buyer in person
I know that the buyer of our property lives about a 5 min walk from where we are now although I dont know her. I also know from our sols and EA that she has a few queries. Would it be rude/silly/wrong for me to go and introduce myself and speak to her in person over the weekend to find out what the enquiries are, help as…
-
Getting buildings regulation approval after work is complete
Hi, I have recently bought a house with a loft conversion, the previous occupant did not get building regulation approval for it. As I am a first time buyer I have no experience with this, am I able to get this after it has been done and be able to call it a habitable room? Any advice appreciated blackie
-
"Undervalued Assets Limited " that Companies House report as "Dormant".
Dear all. Anyone else receive an email from "roomtoinvest.co.uk" today about receiving emails about undervalued assets/property and making loads of money (yeah, "aye, right" as the Scots say). It refers to Just to flag up that Companies House reports this company as "Dormant".. Hmmnn: That might strike many people as…
-
New build homebuy,shared owner ship, how much should I offer?
A two bed new build flat in Isleworth near Hounslow. Asking price is 197500, no parking. Homebuy scheme. Similar flats nearby are between 170000 to 200000. How much shall I offer? Do homebuy scheme properties accept offers lower than asking prices? Is it worth trying? Thank you!
-
What should i do? What are my rights?
Hi, I've been a tenant for the last two and a half years and moved into current home in January 2007 on a 6 month assured agreement (renewed every 6 months). I had to leave my job in March to look after my mother who has MS, unfortunately my job couldn't be kept open for me. I'm now job hunting and waiting for benefits to…
-
re-negotiating offer on basis of survey highlighting work needing done
the survey has highlighted some urgent and quite expensive work (which was not visable on viewing and therefore not reflected in our offer) that needs to be done on the property we want to purchase and we are going to need to re-negotiate the initial offer to reflect this , probably sharing the costs what is the course of…
-
repossession property
I am in the process of buying repo. According to solicitor, it will be title absolute and apparently this is the best title I can have. Is this going to be any problem. Also any major problem if buying repo. I am aware that I might have problem with house, perhaps debt collector visiting the house etc. I am more worried…
-
FTB Foolishness?
Evening all, I'm living and working in London and am getting tired of house-sharing so looking to buy my first property. I'm fortunate to have a decent deposit and mortgage AIP. I've looked at several properties and recently found one I really like... I put in an offer (10% below asking price) which was instantly rejected.…
-
Is it worth improving house to sell?
I live in the North West and want to sell up and retire to the Sw. I love my house but it could benefit from improvements-ranging from general "tarting up" such as redecorating, new carpets, tidying up the garden-to more expensive projects like new central heating, new bathrooms and kitchen, new garage roof. Is it worth…
-
Help!!!!!
Hi. Me and my partner have put an offer on a repossession (or so we thought)!!! Our FA has been chasing the EA for a week now to find out if they have put the offer forward to the repo company. She has been fobbed off so many times and told that they have not received our financial info (which she has faxed 3 times) after…
