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Buyin house for mother to live in
Longish post so please forgive me. We own our own house and the bungalow next door has come up for sale. What we would like to do/are considering is to buy this bungalow for my OH's mother, she 'sells' us her bungalow which is worth less than the one she would move in to (so she ends up with 4/5 of the new bungalow and we…
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Restrictive covenants
I need some legal advice please. I am negotiating on a 1935 property, whereby the Vendors were the first owners to regiser title, only 13 years ago. That should make things all quite clear. However, the small plot shows 2 hatched areas, one giving mining and mineral rights and the other merely states "subject to such…
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How much is my house REALLY worth?
Hello - I'm seeking some impartial advice please. I'm in the process of transferring my half of my mortgage deeds to my brother's girlfriend. I bought a property with him for 125k and have an existing mortgage of £120,649. I have had the house valued by several different estate agents to get a fair representation of the…
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Model Tenant question
I was talking to a friend a while back and he seems to be a model tenant, ie pays rent by DD so always on time and does simple repairs himself. He had to buy a new hoover recently and I wondered if he should ask the LL if they could refund him? Would this be rocking the boat or is it a fair question? This was his own…
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Aright good rant
:mad:Hi all i'll make it as short as possible,we sold our house 7 weeks ago dropped alot of money but ok we found what we wanted in budget,3 in the chain first time buyers,our buyers and us.I would not say its been plain sailing,as the 1st timers are buying a lease hold maisonette from our buyers.Suddenly after 7 weeks a…
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Got the house contract through to sign today
with a letter saying that it is usual to complete within two weeks of exchange but no date given for exchange. It all seems to be in place, going smoothly but I will have to contact solicitor for an actual date soon as we have to get the removal people organized. Do you think that it could happen in less than a month from…
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House Swaps? How would you stand?
Hi Everyone, My parents have made an offer on a property but have not sold thier own house! The agents have valued it but have not taken it on their books & my parents haven't signed anything as yet! The Vendors of the other property are now interested in my parents house with view to a swap! What I want to know is, can…
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Homebuy Direct
I am interested in buying an apartment on this scheme but not prepared (or able ) to pay the asking price. I have made an offer £8000 below the asking price and they say that there is no negotiating because they are homebuy direct and they cant negotiate on a 'scheme'. Firstly, is this true, secondly, if not, what can I…
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Buyers using the same conveyancer as the vendor
Hi there, We have made an offer on a property which the vendor has accepted on the condition we use their solicitors for conveyancing so the deal can be completed quickly. The vendor is a building company which acquired the property through a part exchange deal. They have also said the solicitor will match any conveyancing…
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Morgage offer expires and Exhange of Contracts
My mortgage offer expires 31st August. I`m a first time buyer and the whole process has been delayed from start to (almost) finish, due to solicitors and a deed of variation. Anyway the deed is almost complete and the exchange of contracts is ready to go once this is sorted. My question is, once the exchange of contracts…
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Question on how to release capital from my home
I own my home outright and have considerable equity that's not 'working' for me. Having looked into over 55 Equity Release this isn't really a route i want to go down due to cumulative interest etc. Are there any other lenders or schemes that will operate on a fixed term of say 10/15 years that will enable this? The money…
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Planning Permission and Restrictive Coveneants
Found this story quite interesting when it was reported earlier in the year, and this weeks paper shows that they have indeed been demolished. I was wondering if any more knowledgable people can shed any light on the legal circumstances surrounding it. Obviously it would be vrey helpful to know who had the 'vague' covenant…
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Leasehold property advice please
Hello Everyone, I hope you are having a good day! I am looking to buy a leasehold flat and getting a bit scared at all the pitfalls of service charges and huge bills for repairs that people have mentioned. Do you think its safer to go for a flat in a small property (ie 2 flats in a house) than an ex council flat in a…
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Solicitor Fees?
Hi I have had a quote from a local solicitor (S Wales), so I just wanted to check if the price was ok below for purchase and selling £640 (inc VAT) + Disbursements 1. Local Search £76.00 2. Combined Coal Authority and Environmental Search £70.15 3. Land Registry Search £4.00 (Registered) 4. Bankruptcy Search (per name)…
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Question about Tax on Leasing Income
Hi, My fiancee and I are considering leasing out our property, however we have some confusion over the tax implications. If we rent our property out for £900pcm and our mortgage is £731pcm, would we pay tax on the full £900 or would it be the difference between rent and mortgage (£169). We have also read (on the direct.gov…
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Sewer/drain build over issue.
Hi I am new to here but have found that this site has offered some useful information so far so have joined and would be very grateful if anyone can help with our problem. We have been trying to sell our house. We had some buyers but today they have pulled out because of this issue. The house itself was built in the 1960's…
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FTB Interim Charging Order on Land Registry Forms
We are FTB and today we receive lots of paperwork from our solicitors. We have been sent a copy of the Land Registry register of title and under the heading Charges Register it says Equitable charge created by an interim charging order of the Bradford County Court dated 2009 in favour of CL Finaance Limited, what does this…
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advice needed, nightmare tenant!
Hi Ill try and be brief and im hoping you can help give me some advice as i dont know where else to turn! I have a tenant in my property which is let via an agent, we have had problems for months with her paying late and in dribs and drabs, she is now around 2 months arrears and we are starting eviction process. She has…
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Freeholder sitting on lease extension?
Hi guys, I really hope somebody can offer me some advice. (I will start from the beginning otherwise I will lose my train of thought!) I am buying a leasehold flat and we are quite close to completion. The flat currently has 80 years left on the lease and is in a block of 18 flats. As a condition of our offer, which was…
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Cohabitation Agreement websites.
Wasn't sure where best to post this question. My girlfriend & her daughter are moving into my home in the next few weeks. I own the home with a reasonable amount of equity & valuable items in the home. My partner is dept free to the best of my knowledge but has limited finances. I would like to have a Cohabitation…
