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Nightmare landlord
I am having a real problem with out landlord and letting agent and would be grateful of some advice. About a month ago when using the shower, the tile at the side just caved in, into an empty space. We phoned the agent immidiately to tell them and they said they would send somebody round. A week later the landlord came…
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Should I sell or keep my flat and rent it out please help!
Hi I have had my flat on the market for nearly 2 years and I have had to reduce it by £10,000. I owe £62,000 on my mortgage and estate agents and solicitors’ fees are going to be approx £2,500. I have been offered £67,000. Which would mean a profit of £2,500. I personally think I should keep the property as a) I will never…
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deposit on exchange
I am a FTB and about to exchange. Mortgage is 25% LTV. Reading through various posts, it seems that only 10% deposit is payable at exchange, but my solicitor has requested the whole 25% which is approximately 50k to be paid to their firm + fees and disbursements. Can I just pay fees and disbursements and 10% deposit, and…
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can we rent even tho im a home owner?
my gf wants to rent an intermeident rent house, its in perfect location and its new,close to her parents but its not private rent. the problem is i have a mortgage on a small house,and our family is growing. i am not entitled to this scheme as i am not a first time buyer. (this scheme is 80% cheaper then regular properties…
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First Time Buyers Advice Please
Good afternoon, we are firsttime buyers and have found a property that we both like on at £184,500. Spoken with the mortgage people who have offered us the mortgage we want and we are now looking at going for a second viewing prior to making an offer. We spoke with one of the solicitors recommended to us for a quote…
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Purchasing from Parents
We are looking to buy my parents house, they have offered to sell it to us for £100K less than its value. We will then take out a mortgage to what we can afford and pay them which they will in turn use to buy a smaller property. What are the implications in doing this, as we won't be paying full market value ?
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Buy to let mortgage, but not yet
I'm looking to buy a small house to rent out but the one I can afford needs a bit of work doing to it, that I am willing to do where possible, and in my spare time. Is it above board to buy the property with a normal mortgage to enable me to carry out the work which needs doing to it, then switching to a buy to let…
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Homebuy direct valuations
We have recently had to pay £675 for a valuation with Natwest for a Homebuy direct mortgage. Please can anyone else who has been through the scheme let me know how much their valuation fee was and who the lender was?
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First offer - a question
I have seen a house that I like. It is up for 315K with the promise of 15K cashback on completion, to cover the cost of modernising that needs doing. I feel that the work needed is way beyond 15K. The estate agent that took me around said he values it at 275K, and the seller was unhappy with this suggestion. I have an…
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Ban Unfair letting charges from LA?
Should they be banned or at least capped to realistic fees for silly bits of admin (Photocopying something and posting a letter) After all banks don't get to charge "unfair" charges on bank overdrafts anymore so why should letting agents? a £60 or £90 admin fee for a new tenancy when most tenants should just go onto a…
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Transfer of ownership after death
My father recently passed away and as joint executor's of his estate my mother and I need a little help with the transferring of his property to my mother. My father died leaving a will that stated everything was to pass to my mother. He was 71 and had paid off the mortgage many years ago and the ownership of the property…
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Advertising to find a private landlord
I'm looking for a private landlord in the Worcester area. The ideas I've tried so far are advertising in the local paper, Gumtree and boards at local supermarkets and diy stores. Does anyone have any other ideas of where to look/advertise please Many thanks
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What would be a good offer price for this house.
Hi forum, Like this property a lot. It is in a good area in Dudley, West Midlands. Almost ticks all my boxes. http://www.rightmove.co.uk/property-for-sale/property-28360766.html We are first time buyers. I have 45k to offer as deposit. Annual salary of 54k,I am working for NHS in full time employment with guaranteed job…
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advise please
Hi All I found a house got a mortgage promise and offer on house accepted. The home buyers survey was done by Countrywide, this found a few problems. I then had to get a structural engineers report which I have and the work needed amounts to £4000 with the SE overseeing the work. The mortgage advisor now says the work has…
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please help this FTB to decide
Hello all, I have been to this forum before and always received very helpful advises. I am back with same expectation. Actually I am looking for flat since long time but things never got clicked. Initially I was looking for flat around 120k to 150k mark. Recently I saw one flat which I liked and asking price is 150k. But…
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How to pack for diy move. Boxes etc
We are going to be able to start moving things prior to completing on this house and we have to go through a lowish archway to our new home, hence no large removal van. We will be employing a removers with a low van for our furniture, freezer etc. This house will be up for sale soon and we are now forward planning It makes…
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FTB Questions - what to offer?
Hi All I am new to all this so looking for some pointers on several issues. Single FTB,wage 17,000k per annum looking for own place. have 25% deposit. I am looking a a house that has been on the market for 125 days, it is a private house that is owned by a elderly housing association who used to rent it out, they now want…
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Valuation, how long does it take?
Just wondering how long did it take your surveyor to have a basic valuation done? we applied for our mortgage more than two weeks ago and paid the valuer (e-surv) more than a week ago. It's been a week and we have heard nothing, no date arranged, nothing. Even though when the surveyor took the payment, he promised to call…
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Some advice needed VERY WORRIED!! (starter tennancy, housing association)
I have recently been given a lovely little flat from my housing association. They don't work on points, they work on priority bands and registration dates, all very 2010! lol I signed the shorthold (starter tennancy agreement) with the housing assosciation last Wednesday, the agreement is for the tennancy to start on…
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A little help please (on behalf of my renting brother!)
I'm just looking for a bit of advice for my brother. He's just moved into a flat and is having a few problems with the electricity. I'm a bit sketchy on the details but I'll try to fill you in as best as I can. Basically, he's in a flat above a funeral parlour (rather him than me!!) and when he was talking to the agents…
