House buying, renting & selling

Discussion List

• Plan to drop the agreed purchase price

  Hi, My wife and I currently in rental with a large deposit. Only need 35% LTV mortgage. Viewed a house on the Saturday for £259K, just came on the market in a popular area a few days before. The house does need about £20K to modernise but we plan to extend the kitchen for another £20K. We are told there is no chain, the…

• Passing responsibility of my mortgage

  Hi, I would like to move abroad for a year or two. Can I allow someone else to take responsibility for my mortgage, or can I lease (not rent) my property to them, so they assume payment for the mortgage but I still own the house?

• 30 days notice at the end of Rental Agreement

  Me and a friend rented a house for 6 months, our lease runs out on the 7th July this year. My mate decided he had to leave and gave his 30 days notice on the 7th of June for moving out on the end of the lease. It's now two weeks into our final month and I have not found a replacement tenant, and have now been told by the…

• dad buying me a house

  hiya all, my dad is thinking of buying me a house for me and my twos sons to live in. can he get a mortgage without putting his house he lives in as equity? i would be renting it off him, i wouldnt just be living there free. can i still get housing ben? I cant buy my own house as i only work 16 hours a week and i dont…

• Leasehold extension never registered

  Ok, this is slightly complicated so bear with me Facts: * I bought a flat on the understanding that it had 89 years remaining on the leasehold. *I have a letter from the conveyancing solicitor saying there are 89 years remaining on the leasehold. *I have a copy of the first page of the leasehold extension legal document (a…

• Got survery back.. are these items ok?

  Hi all, got survery back but have the following red/amber items and a little worried: Central heating is provided by the gas fired boiler which is located in the kitchen. It is an old unit and 3 will therefore require more frequent repair than a modern one. There may also be difficulty in obtaining spares. If it is to be…

• Is this good?

  Hi, My fiance has a part buy part rent flat, we are looking to buy a house this year, his mortgage company have offered to cover the conveyancing fee's, is this worth it? His property will hopefully go for £155,000 - £160,000. Sam

• Need advice please on renting out my flat

  Hi, I'm heading back to uni for 12 months in September and to make ends meet and going to have to move back in with relatives and rent out my flat. I own the flat outright, so won't need to worry about mortgage isssues, but I'm hoping someone can advise me on the best way to go about letting the flat out. I was planning to…

• Estate Agent got very snarky...

  Just venting really. A telephone converation with an EA today got very heated when I refused to take their "financial advice." I have been viewing some houses with this particular EA and today she asked me if I would be interested in making an appointment with them for mortgage advice. I simply replied "no" and told her…

• Getting a term in a lease changed...

  Has anyone got experience of getting a term in a lease changed (whilst owning the property)? I want to get mine changed so I can access my loft which the freeholder is happy with in principle, but what do I do to get the process started? Thanks for any advice.

• Separate Boards for Scotland and Northern Ireland Property?

  Can I revisit this issue and ask the powers that are on MSE to consider this? Innocent OP puts up a post without telling us where property is and people try to answer generally assuming the property is in England and Wales. You can get a longish thread with either apparent answers based on English Law or confusion because…

• Mortgage Advise :)

  Hi! I brought a new home with my boyfriend 2 and a half years ago as a first time buyer. We got a 100% repayment mortgage for 5 years fixed. If we were to move what is the process to go through in terms of how much we can borrow and getting out of our 5 year fixed??? Any advise will be much appreciated so I can understand…

• Giving notice (rented property)

  [EDIT] I've just reread my original post, and decided there's far too many words in there for anyone to bother with! So re-written to make it less painful to read. I am currently renting, with an AST that ends on the 6th August (it began on the 7th August 2008). I have not been issued with a S31 notice. I am therefore able…

• Buying out of a Mortgage? Help Please

  Hi, I need some advice please. I co-own a house which has now been valued at £115.00K We bought the house for 95K and got a mortgage for 85K. Only been in the house less than a year and now need to be bought out of the house. What would i get from my ex? and how much should he really pay me? We made joint contributions to…

• leasehold maisonette parking holding up exchange of contracts

  I have one problem stopping me exchanging contracts on a maisonette ie parking. The land registry shows an offroad parking space(carport) for my property I am buying on their drawing and there is one for all the 35 properties on this estate.it has been there since they were built. But my solicitor will not proceed with the…

• No viewings via HouseNetwork - Time to go for a high street EA?

  We've recently put our home up for sale and decided to go through HouseNetwork. Our previous home sold within 3 days and of the 7 viewings we had all had come directly from Rightmove so we figured HouseNetwork were the best bet. The property has now been on the market for nearly 4 weeks and we've not had a snippet of…

• Question regarding payment of valuation fee

  Hi, First post on this board, but been reading it for quite some time. I'd like to give a general "thanks" before I start for the excellent advice I've picked up from here (... I don't think the EA liked my negotiation tactics, which certainly made THEM sweat rather than me as per advised here!). I had my offer accepted…

• Great 'Flatmate MoneySaving' Hunt

  Great 'Flatmate MoneySaving' Hunt Sharing a house with non-partners/family is often MoneySaving but has its problems too. It may be getting home insurance, tax credit issues, or even just how to split the bills. So we're asking MoneySavers what their top tips are for flatmate MoneySaving. View past Great Hunts…

• First Time Landlord

  Hi all, Hope this is the right place to post this.... I am thinking of relocating in the next few months and due to the property market at the moment, I am thinking of renting out my current property and buying another to live in. 1. Are there any websites which show me potential things I need to be aware of as a first…

• Quick Sale of 2nd property - advice needed URGENT please

  Hi all, Husband and I own a 2nd property - we have been renting it out since we bought it a few years ago. It has caused us lots of hassle and we now need to sale (tenants have left) urgently for the money and our sanity. Husband has been looking into these quick buy companies who offer a lower value than market price - we…