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Made a mess of being a Landlord
Hi all, I've been reading here for a while and decided I need to get some advice, I have posted on some other forums too. I have a BTL house, which I have rented out for past 1 year and had to give a S21 order to current tenants, who have caused general damage etc.. and have now not paid me the last months rent and I can…
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Anyone want to be my house-buying buddy?
Ok, offer accepted today on a property :j anyone want to hold my hand through the next few weeks - it's the first time I've dealt with this & I'm doing it on my own! There is no chain involved & both me & the vendor want it sorted asap. What I have done: I have phoned for some quotes from solicitors today & am just waiting…
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Just about to exchange contracts
Hi I was told by my solicitor last week that we should 'hopefully' exchange by the end of last week. Then I was told it would be her first job Monday, I was then told there was some sort of paperwork issue with who I was buying off, but not really a problem and would be done first thing this morning, and she would call me…
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When is a housing association not a housing association?
Apparently not even if it has called itself one for the past 55 years! 18 months ago the committee running our housing association altered their registration with Companies House from a Mutual society to a limited company and made themselves directors with shares (600 x £1) without informing the residents. Effectively they…
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Buying the Lease
Hope someone can help. I bought a new build detached in 2009. It was lease hold and I would like to buy the lease. My ground rent is £250 per annum fixed for 25 years. I have 249 years on the lease. I have had a look on hmrc and it says £7140 - Is this correct? I thought because I am buying early it might be £2-3K. Anyone…
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Dispute succesful..full deposit returned!
:j..some of you may remember my previous threads regarding my LL who had claimed that we had used central heating oil from his oil tank despite it being empty when we moved in...we have today learned that after 5 months..we have been awarded the full amount back (£1050):D....and better still our baby girl arrived 11 days…
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Advice Please - First Time Buyer - Use estate agents solicitor or seek own?
Hello, I am a first time buyer. My partner and I put an offer on a flat (2 bed leasehold in London) and the offer has been accepted. In the past few days the Estate Agents have already put into action their own company called London Conveyancing and we have been allocated a solicitor from Meaby & Co. (London Conveyancing…
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Help! Don't know what to do!
We're in the process of buying a new home from Bellway, we agreed on a price of £180k but have just heard back from Northern Rock for a our mortgage valuation, they only value the house at £170k. I have been on the phone to Bellway to try and renegotiate the price but they won't budge, insisting Northern Rock are being…
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Refunded works bill - is this money really mine?
Hello all. I have a bit of a curious one for you this morning. I welcome your input. I've been the leaseholder of an east london flat for the past year. At the time of purchase, there was an outstanding major works bill of £15,000 on the property. After some discussion, it was eventually agreed that the vendor would settle…
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My new best friends, the nations solicitors!
Am I being old fashioned or over sensitive? Recently did an online conveyancing quote via a comparison site. I have now had several calls from the various firms that quoted for my business (despite the site saying that I would not get these phone calls). The thing is, when they have called me I answered the phone and they…
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in search of the good life
i would like opinions on whether this plan is a good idea / recipe for disaster / something in between. sorry for the longish post. current situation is this. own a 1 bed flat in london. worth approx 200k (another 1 bed is on the market for 230 in our terrace and they are mid whilst we are end but i think it is probably…
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Who has the parking rights??
aaaaaaaaaaaaaaaaaaaaa
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Landlords, When do you take 1st payment
Really silly question here for some. I am currently looking for a house and will have deposit and 1st months rent ready for 1st June. My problem/question is when do you guys want money deposit etc, right away or the day I move and get keys. Thanks to all who answer!
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Will stamp duty be scrapped on May 6th
Ok, The conservatives reckon they will scap stamp duty on all purchases below £250k if they win the election... So the question is, how quickly would this happen? would it take weeks or will they do an emergency budget? any ideaS?
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Joint mortgage - deed of trust advice please
Hi My bf and I are planning on buying a house this year. We will pay 50/50 of the mortgage, stamp duty and other fees but he is putting in 90% of the deposit (a 20% deposit) and I'm putting in 10% of it. I know we need to get a deed of trust drawn up but I'm a bit confused about how it will work. The easiest way is to say…
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Must I pay Capital Gains on a cash gift?
Hello. Can anyone help? If my boyfriend gives me a sum of cash for a flat deposit, am I liable for capital gains? If we marry and THEN he gives me the cash gift, am I liable? Thanks so much!
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Selling without Estate agent & stamp duty
We are emigrating and in fortunate situation to have found a buyer without using an estate agent. Unfortunately we have had the house valued buy estate agents around 270,000 but because of stamp duty they have said we should realistically price around 250,000 because of the stamp duty threshold increase from 1% to 3%. Is…
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taking soil!?
Real boring boundary dispute going on for far too long ! Can neighbour come on to my land and take soil....yes soil she says we have pinched?She claims she can do so with ou our permission. We are days away from getting our party wall act award completed,so am trying desperatley not to get drawn into an arguement,couldnt…
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Tenant set fire
Hi, I am hoping someone will be able to advise me of any liaibility to me, for damage caused by my tenant. What has happened is that he has had a fire in the garden of the house he rents from me. He has accidently burned down the neighbours fence and shed and another neighbours wooden swing seat. He did not inform me that…
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Problem with bats
My Mum put her house on the market recently - its too big for her on her own to maintain since my Dad died. She had an offer but the surveyor found bats in the loft, and the purchaser dropped out (as his wife was scared of bats). Question is how much of a problem is this likely to be? The house is 23 years old so fairly…
