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Buying/Extending a Lease...
Hi, I bought a leasehold semi-detached house in 1994, and which was built in 1990. The original lease was for 99 years, so there will be 79 years left on it. I paid just over £50k for it, and think it will now be worth around £125k. I pay £50 ground rent every year. This is my first house, and I will admit to being a bit…
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Few survey questions
Hi there, FTB and the results of a home buyers survey have come back and in general they seem good but I have a few questions if anyone with experience could help me... The survey mentioned that there was insufficient through ventilation for the sub-floor voids (not enough air bricks) and suggests considering further air…
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£250K stamp duty and impact on market
Hi, Given the announcement today of no stampt duty for properties up to £250K, for FTB, what do you think the impact on the market will be? I think it will bring down any properties with an asking price between £260K and probably £280K, since all the offers from FTB are going to be a maximum of £250K, and EA currently seem…
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Question re: Flat Rental
Hi All, I would be grateful if someone could help me, I currently live in my flat and pay a mortgage of £1022 per month at 5.99, however my promotional rate comes to an end next week and goes down to £708.00. I would like to rent out my flat and move back in with my parents, I would be grateful if any of you lovely folk,…
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First Time Buyer - is my Solicitor taking advantage?
Hi, I am a first time buyer on a very low budget, and was lucky enough to find a reposession property for £41000, got a pretty good provisional mortgage rate and my mortgage broker found me a very decent conveyancing fee. Too good to be true, I know. My estate agent then recommended a solicitor to me, (it turns out they…
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Purchasing a house between Jan 1st 2010 and today
We are first time buyers and completed our deal on Feb 15th. The house cost us 135,000 and we were supposed to complete before Jan 1st but due to a problem didn't. A month and half either way we could have saved ourselves a few quid on stamp duty.....Gutted!
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Budget change to Stamp Duty - The Law
FIRST TIME BUYERS ONLY!!! Chancellor Alistair Darling has today effectively increased the starting threshold of Stamp Duty for first time buyers to £250,000, doubled from £125,000. It is in fact a relief from Stamp Duty and must be claimed on the stamp duty form that your conveyancer will fill in. This relief is with…
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Landlord has debts on my flat
Hi, I've been renting a flat from my landlord for over a year, and throughout this time I've been receiving a lot of mail for him. I leave these out in the lobby of my apartment block so that they get returned to sender (or at least that's what happened at my last flat). The problem is I accidently opened one last weekend…
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Is my landlord being unreasonable?
What are my rights? A few weeks ago my landlord turned up asking if he could show buyers around in 10 minutes. I foolishly agreed and then realised what an invasion of privacy it was. The place wasn't tidied, our stuff was everywhere, I was giving the kids dinner and it was horrible having people traipsing through. I felt…
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help with my situtation please
Hiya all...newbie to the site! never posted before! obviously today the budget have said that all properties purchased by first time buyers up to 250k no tax is paid! I spoke to my solicitor about this and at the moment they cant answer my question! i own my house that is up for sale ! (exchanging next month all being…
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Am I A First Time Buyer?!?!
MoneySavingExpert.com Official Insert: If you want to know what constitutes a first time buyer following changes to Stamp Duty in the Autumn Budget 2017 read our news story: Autumn Budget 2017: Stamp duty axed for most first-time buyers Back to the original post... ---- I bought a house with my wife a few years ago. We…
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Selling old flat - repair, refurbishment & lease extension issues
Hello folks, hope I'm not duplicating an existing thread. Bereavement leaves me dealing with two empty properties. I'm looking for advice on the flat in SW London. It's structurally OK, but has lots of repair issues. The electrics work, but I suspect needs rewiring. The boiler is knackered. Some windows are cracked & have…
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Buying in Florida ...
I'm a UK resident but am interested in buying a small property in Florida to live in six months of the year, perhaps renting it out the rest of the time. Can anyone point me in the right direction for some legal info on this plan ? Many Thanks ! Tim
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Would you buy a property if it ticked every box...
....on your 'wishlist' - if it didn't "feel right"? We have seen a property well within our budget, location good for what we need, needs a little bit of cosmetic work but this is not a problem, kids love it, has an extra bedroom to what we need, lots of parking space.... but we don't know why we haven't made an offer!! We…
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Stamp duty form sdlt!
Hello everyone, I am trying to save £70 by filling the Stamp duty form SDLT1 myself... The first problem I have is I can t get hold of the form! It is not at the post office and don't seem to be available to download or order online... Does anyone know how to get it? Thank you
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Discuss The setting up home checklist
This thread is to discuss The setting up home checklist The first point of call is read the full House Buying guide. Then this discussion is specifically to talk about feedback and tips on setting up home. If you want to discuss house buying in general, please go to the House Buying Discussion. If you’ve got a…
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Discuss the 'get a survey' checklist
This thread is to discuss The 'get a survey' checklist The first point of call is read the full House Buying guide. Then this discussion is specifically to talk about feedback and tips on surveys. If you want to discuss house buying in general, please go to the House Buying Discussion. If you’ve got a suggestion/tip Simply…
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Discuss The 'closing the deal' checklist
This thread is specifically to discuss The 'closing the deal' checklist The first point of call is read the full House Buying guide. Then this discussion is specifically to talk about feedback and tips on closing the deal. If you want to discuss house buying in general, please go to the House Buying Discussion. If you’ve…
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Discuss The ‘conveyancing’ checklist
This thread is to discuss The 'conveyancing' checklist The first point of call is read the full House Buying guide. Then this discussion is specifically to talk about feedback and tips on conveyancing. If you want to discuss house buying in general, please go to the House Buying Discussion. If you’ve got a suggestion/tip…
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Discuss The ‘checking out a property’ checklist
This thread is to discuss The ‘checking out a property’ checklist The first point of call is read the full House Buying guide. Then this discussion is specifically to talk about feedback and tips on Tchecking out a property. If you want to discuss house buying in general, please go to the House Buying Discussion. If you’ve…
