-
Tax on income from property
I currently live in a rented flat above a shop. just recently the landlord (a family member) has approached me and asked me if I would like to buy the whole property (flat and shop). Can anybody tell me how the income from the shop below would be treated as regards to tax? Is it treated the same as a residential letting?…
-
Viewing House's And Questions???
Hi all, am new to the forums and am in the early stages of buy my first home. I have gotten a few 'quotes' from some high steet banks to get a rough i dea of what i can and can not borrow and the early signs seem to be a shared equity mortgage is best suit to my situation, as will be buying on my own and earn just shy of…
-
FTB Building survey raised concerns - would you walk away?
Morning all, first post so please be gentle. FTB, offer accepted on end terrace property built 1900. Received valuation report and full building survey which identified external cracking and possible movement. The mortgage lender requires a structural engineers report before I can proceed further. The valuation report…
-
Miss handling the deposit
Hi All, Our letting agent has failed to put our deposit into a scheme. We started to rent the house back in July. My understanding is that it is law to put our deposit money into a scheme. How do I go about getting them to handle my deposit correctly? I all so understand we can claim back the deposit and 3 x the amount…
-
Surveyor for HB report has raised issues
I am have placed an offer on an “immaculate looking” house that is about 11 years old. I had a home buyers survey done and found out that the pressure of the water taps upstairs is quite low. The survey thinks that it may have something to do with lack of service. The sink tap hardly runs when the bath tap is turned on. I…
-
Can I sell half of my property to my friend?
I am looking to sell my flat (worth £180k) and my friend wants to buy it, but he can't raise the full amount needed. In fact he can raise half. So could I 'sell' him half of my property for £90k and have us as joint owners? He would then live in it and I would move in with my girlfriend. Is such a scheme possible? It would…
-
Why do EA even pretend to be above board
Aghhhh So angry - went for a house a few months ago - needed knocking down and new one put on plot but worth £450k all day. On market at £370k sold quick, after a few weeks went back on but EA said just shaking buyer up as going to slow. Few weeks later sale went through and house back on next day for £575k. When sale…
-
Where to find landlords who want BTL with tenants in place
I am relocating with work and am looking to sell my BTL 3 bed flats with tenants who have been good in Birmingham area. Is there a site or publication where potential landlords are looking for this type of opportunity
-
conveyancing complaint and the LCS..
Has anyone had experience of complaining about a conveyancing solicitor via the Legal Complaints Service? I made a complaint to the LCS after our conveyancing solicitor failed to respond to my official complaints letter about the poor service. (Can fill you in on details, but want to trim the first post so its not too…
-
Viewing after offer accepted
Hi all, Do you think its a daft idea to go see the house that we have had an offer accepted on? The photo's that the EA has are not brilliant and I'd love to see it one more time. Thanks Katy x
-
What to do with my mortgage?
Hi all I'm hoping for a bit of advice. I've lived in my flat for five years, currently coming to the end (in 6 weeks time) of my 3 years fixed mortgage, and am due to then go onto the SVR (currently 4.74% - substantially better than the fixed rate I was stuck on) I've just been offered, and have accepted, a job in Canada…
-
House 2 doors away is £5k less than mine!!
Im not sure what to make of this. My house is shared ownership and in January I put the property on the market to sell my 50% share for £75k. In July I accepted an offer for the full ammount. It is now late september and my buyer has only just been accpeted by the housing association and i am waiting for his mortage…
-
Ex-council house - Pros & Cons - What to be aware of?
hi all, in need of some help.... we've been viewing some ex-council houses and want to know what are the Pros and Cons of buying this type of property. Apart from checking the neighbourhood, etc what should we be aware of? The places we've seen still have some council tenants even though most of the properties are…
-
Help regarding rent.
I am renting a flat which the original contract ended Aug 15th and now its on a rolling contract where if the flat sells I will get 2 months notice (i really want to move and not sure I can wait 2 months). The rent is due 15th of the month. I have started a job where I am paid at the end of the month. I am not in arrears…
-
Noisy neighbours-THE REVENGE
Is there anything you have done or would like to do to get your own back on noisy neighbours,i feel like really going to town on them.
-
Buying my council house.
Should i buy my council house, my house is worth in todays climate about 110000.00, i am entitled to the maximum 28% discount and also my mom is selling her flat before she gets in trouble with her morgage and will come out with about 30000.00. im thinking of letting her live with me and my three children as i am single…
-
house advice please
Through no fault of my own i seem to be in a situation where i am being pressured to leave my house It is a little bit complicated so i will explain In 2006 I and 2 mates bought the house I am living in now, one friend had split with his Gf and on selling their house he put the deposit down on this house. The other lad…
-
Gazumped on a Repossession
Hi We recently put an offer on a Repossessed House, which was accepted. We are fisrt time buyers and have a good sized deposit and have taken out a mortgage. We are now at the stage where the mortgage had been finalised and the valuation by the lender done. It was posted to our solicitor today. However, the Estate agent…
-
Taylor Wimpey won't give me back my £500
I put in an offer to buy a Taylor Wimpey house after I accepted my buyer's offer. I had to pay £500 deposit ("reservation fee") to TW to secure the property. Then, my buyer pulled out because of financial problems. TW won't give the £500 back. Can I do anything about this? Thanks in advance
-
no heating no water no gas safety certificate.
hi,id appreciate any advice anyone has about the situation i have found myself in.i live with my 5 kids age 18,10,5,3 and 2.we live in a rented property and pay 1000pcm.from the start of my tenancy <16 months ago> the boiler has been faulty.it has been "fixed" at least 6-8 times and we have been left without any heating or…
