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Should I take Boiler Maintenance contract by tenant?
Hi All I have a fairly new tenant who is working and seems a decent chap. Since he have moved in the Combi Boiler has been a bit flaky with the hot water, intermittently the water does not heat. A plumber is on the case and will hopefully fix tomorow. The new tenant has just moved over to as new electricity/gas package…
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Bridging loan -wise move??
Hi, We have found "the" house.Unfortunately ours has been on the market 3 weeks , we had 2 viewings, 1 interested but have theirs to sell. I've heard an offer is on the table (low offer)on the property we like, and am keen to step in. We have a small outstanding mortgage on this house (£50,000). We are considering a…
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Repossesed Want to buy Flat for Sale but only <80 years left on lease
Hello - need some advice. I am looking to make an investment property purchase and have stumbled upon a repossesed flat for sale - its in a pretty good location for young professionals/students - I have been round for a viewing and its a nice flat however the EA is having trouble getting hold of the management company and…
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Self-storage, rough idea of cost?
Hi all, I have to be out of my rented house in a few weeks and have been looking at self-storage options. All the companies want contact details before they will supply a quote, so I was just wondering if anyone on here might be able to tell me how much they've paid for storage, just to give me an idea. I know it's…
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Capital gains calculation
Is there any advantage regarding capital gains tax in living in a buy to let property that I own before selling? I am single living with my parents at present.The potential capital gain is around 60k, the buy to let mortgage has been paid of with my pension commutation. I have owned the property around 10 years. Thanks
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Has anyone used an online solicitor?
Hello! Just a quick question, has anyone used an online solicitor for their conveyencing? I've had a quote from i-convey, its approx £200 cheaper than the local solicitor we used last time. Just a bit concerned about not being about to go and pester them! Any comments much appreciated! We accepted an offer on our house…
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which estate agents?
hi everyone. my mum and dad are splitting up (amicably thankfully) and are going to be selling their home and splitting the proceeds down the middle. they have a 4 bedroom house in private grounds down a private road in a little village near nowich called hethersett. as it is very near to the hospital (norfok and norwich)…
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Renting a house/letting agents
Hello there, I am on a rant/advice. Basically I am from up north and I have trained as a teacher and got a job lined up for july after I finish my PGCE and I need to relocate to the south east. I have found a lovely house that I have said I wanted (with a little help from the parents I can afford it) However I have…
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Potential 1st Time Leasehold Buyer
I'm going to be viewing a leasehold flat today. From the details I've seen so far (including the HIP) all looks good save that there is only 72 years remaining on the lease. I am new to buying leasehold but have done a bit of research and from what I gather this shouldn't cause a problem with the mortgage (although I will…
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Moving House Today.......
Woohooo moving into our first home today, my question is there a set time that the keys exchange? Will there estate agents call saying I can collect the keys or will my solicitor? Cheers :D :D:D:D
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Quick question for any Student Landlords
Hi there, Just a quick question for any student landlords out there, I am currently in a student house , and have just renewed my tenancy for my third year, we have had no problems and the landlady has been brilliant. During my university year, I was hospitilized for a few weeks and some of my housemates friends have…
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Do you bother with a Homebuyers Survey?
I'm a FTB, buying a house which is a terrace and less than 100 years old. Am I OK to assume that when the lender comes to make a valuation and look at the property that will be sufficient or do you suggest I pay £250 for a homebuyers survey which is basic and will probably just tell me what I already know? Does anyone know…
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Rental house failed gas safety check - where do i stand
Hi, Looking for some advice about where I stand legally etc. About a 5 weeks a go the 3 bed house me and my family rent failed the gas safety check. The main concern was with the boiler. 1. It was not accessible to give a full service 2. The airflow pipe coming out of the boiler was said to be too close to the kitchen…
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freehold house, leasehold garage
we are selling our house and the solicitor has said she needs the building insurance for our garage, the house itself is freehold but the garage is leasehold as its in a block of 4 garages that has a flat above it. its a 999 year lease the service charge is "a peppercorn per year" which i assume is just a way of saying the…
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would you share the deposit?
Basically, I was in a shared house and one of the tenants left, leaving the remaining 2 (including me) to pay the rent (we were 3 months through a 6 month AST). She gave us £100 towards it so between the 2 of us we've paid £750 in rent we shouldn't have otherwise done. Now we've moved out at the end of the 6 months and as…
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Dropping the asking price, but by how much
We put our property on in Sept 09 for 212,500 having paid 190k in April 08. We have spent 17k on renovation, roof work, woodburner etc We changed agencies twice. The third agent has yielded a steady stream of viewers, but the main road and lack of parking is an issue. When we went on with the agency we are with we dropped…
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Problems with landlord
HI! Hope some one can help. Been privately renting for apx 18mths. We agreed in Tenancy to an increse in the rent from 795 to 850 after 6 months. Unfotunately, this coincided with my hours being cut ( and therefore my income) along with my daughter leaving her work (a contributor to the rent). My landlord agreed to reduce…
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mother -in-law rent or help buy
Hi all My mrs father died about a month ago. they rented a large house with stables. they have a small livery yard for horses which nearly pays the rent. House is owned by a government agency (highways i think) and they inform her that they will be selling in oct. She has been kind of asking me to invest in a property with…
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Should land lord have told me about burgalry?
Just a quick question I've been living in a ground floor flat for just over 2 months and the previous tennants stopped by today to pick up some mail. They happened to mention that shortly before they moved out they were burgled. The front outside door was kicked in then the flat front door. The land lord hasn't mentioned…
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Would you accept this offer?
Hello, we decided to sell our house with two agencies, both at same price. Agency A put our house on Rightmove on Good Friday with just a photo of the front of the house as I insisted it would capture weekend browsers. We told both agents we'd tidy up inside and could take viewings from Monday. So on Saturday agent A lines…
