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Going onto a rolling tenancy?
We are in the process of possibly buying a flat on the new Homeshare scheme. Our tenancy agreement ends on the 27th July and obvioulsy due to possibly buying a place we are not keen on signing a 6 month or 12 month contract. We have discussed it with our estate agent (Ellisons) and advised of this and that we would prefer…
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Add value? Traditional cottage garden or tropical palms & decking?
Mmmm.... I've just been pondering which would add value to our property if we ever decide to sell. Which would more buyers prefer? And which would buyers be prepared to pay extra for? And which would YOU prefer and why? One option would be a traditional cottage garden with a stone patio, a lawn, curved path, flower beds…
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Buy to let mortgage. Help needed!
Hi all! I'm seeking some advice. I currently have a buy to let mortgage with Bristol and West. My fixed rate (5.25%) came to an end a few months ago. Although I'm now enjoying the lower variable rate, I think I would like to fix it. In the space of a matter of weeks their fixed rates have gone up to 6.19% no fee 3 year…
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How can i release equity from house?
Can anyone advise - I have a house that I inherited with my sister - she wants to buy me out but is on low income and is finding it difficult to get banks to lend, even though the house is worth circa £200k. She wants to live in house, i need the cash! Equity release scheme seems out due to our ages? You would think a bank…
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Mad neighbour
Hi all, Sorry to bother, since this is a site about saving money, rather than mad neighbours, but would be grateful for the benefit of advice... I live in a Victorian terrace with shared access. The terrace was built c. 1897, and there are four in the terrace. There is a bigish detached house at (what we'll call for the…
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ftb offer help
Good evening, I hope you can offer me some advice. Me and my partner are first time buyers and we recently viewed a property valued at £189k. The house was empty of furniture and the owner told us that he did have a buyer but the deal fell through. In the mean time he shipped all his furniture off to australia as he is…
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Any hope or are we stuffed?!?
Hi guys, long post warning! I'm sure there are lots of people in our position right now but i'm really not sure of our next step. Wanted your take on our situation. So from the top. 3 years ago my other half and i were living with her mum when we found out we were pregnant. I had 8k outstanding on loans, etc that i'd been…
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Offer Accepted! Woohoo!
:j Went to view 2 bed end terrace today, in cul-de-sac/village location. 12mnths ago it as on 113k. Sold for 85k, but that fell through. So i've bought it today for 84k! It's newly refurbished so needs very little doing to it. Plus, the vendor wants to exchange within 4 weeks, as it's no chain and currently empty. It does…
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Past planning permission etc
Since we bought our house we have added one extension to it. The previous owners had a few so when we bought it the solicitors went through all planning permissions, completions etc. We are selling this house, will the new buyers solicitors go through all the previous extensions or just the one we have done. I thought…
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conveyancing quote
Hi, We have recently accepted an offer on our house. The buyer has agreed a sale on their property and have a completion date of beginning of August. We have not yet found a property, but have the option of moving in with relatives while we look. Our estate agents have recommended their solicitors and I have today received…
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Stuck in my first home
I bought my house some time ago now - and the plan was that it was my "starter home" - but things have changed (both for my personal finances and the economy) and I'm stuck here. I'm trying and trying to tell myself that its a bit "self-indulgent" to get uptight about being stuck in this house and unable to move on to the…
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Son of bubble
Gordon Brown's policies always focus on short term political gain (tax raid on pensions, tolerance of city sleaze, PFI, stealth tax, housing bubble, public debt, etc). Right now he is pursuing his most desctructive act of short termism ever. He is creating 'son of bubble' to keep his job for a few more months. Lenders know…
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Need some help/advice
There have been rumours for the last few months that our landlord is going bankrupt, they had calmed down but they have now started up again, with someone actually asking if we had had visitors (collection agency etc) we havent. I work Mon - Fri and DH works similar hours if he is not on tour (he is a long distance coach…
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Buying other half of house from Housing Association?
Hi all, I bought my house as a 50% shared ownership in 2005 and am nearing the end of my 2nd 2 year fixed rate Mortgage deal. The housing association will allow you to buy the house outright from them but won't advise on how you do it and my mortgage provider isn't really helpful. How do I go about doing it? The housing…
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Has anyone exchanged recently using Metropolitans 'My Choice Home Buy' Scheme?
Hi, My partner and I have been buying a house through the Metropolitan My choice home buy scheme and it is turning out to be a nightmare. Firstly, once we found our property we waited 8 weeks to hear back from them to accept us and our property on the scheme. Now we have to get our mortgage and our Survey done. We went…
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Five reasons house prices will plunge further
http://www.moneyweek.com/investments/property/five-reasons-house-prices-will-plunge-further-43827.aspx Q: This article doesn't include the impact of VI. How much impact can the vested interest we are currently seeing have? Can it infact hold a bottom on the market now or will it be short lived through the summer as more…
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Help and advice needed please!!!!
Hello, I was in a shared house with a 6 months fixed term tenancy. At the end of month 5 (last week) I moved out without informing the landlord (I had to get out ASAP as I was being bullied by one of the other housemates and had my TV stolen by him). The landlord is now flooding me with texts saying I need to pay an extra…
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House extension - how to fund?
We are due to have a baby in October and are struggling to find a house with an extra bedroom within our budget. We can however probably get a higher mortgage but the problem is with the drop in house value and the banks pulling back on LTV, I doubt whilst we could afford a higher mortgage they would give us the money as…
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Planning Permission Help
Dear all, I live on the 1st floor in a 5 story building. Builders have knocked down the pub next door and i saw a sign offering 32 new flats. This building will block out the side of my flat that has natural light and i assume the people in their flats will be able to look into mine. What can I do? Who do I need to…
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Previous Tenants' Stuff
Hi, In my new property there are a number of small furniture items that were in there when I first moved in a couple of weeks ago. These were not listed on the inventory. Now the old tenant has asked my letting agent to arrange for her to have some of them back. If they were not listed on the inventory, how far will I get…
