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Rent out and buy or buy
Hi all I currently own an apartment, which is worth £110k (no mortgage) which I live in at the moment. In two years time I wish to move out and buy a bigger house. By the time 2 years has passed I'll have about £30k saved. Which option is best? Sell up and put the £140k towards a purchase. Or Rent the flat out, going rate…
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HA has lowered the rent - Amazing
Nice suprise today, received letter from our HA advising that as from the 11/10/2010 our weekly rent will be decreased by a total of £2.72 Apparently this is within guidelines set out by the Tenant Services Authority (TSA) Not sure who or what TSA are but no doubt it will be raised again pretty soon. Has this happened to…
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Help & Hints For First Time Renters
Hello, Me and my partner currently rent a one bedroom flat, that has a bills inclusive rate. We're soon hoping to make the jump to renting our own house, 1 bedroom, maybe 2, in the Wakefield/Kirklees Area of West Yorkshire. We wanted to know any tips on keeping utility Bills Down. We like it cold, so won't be using the…
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Landlord enforcing service charge
We have recently moved out of a rented property into our own home. Before we moved out we learnt that the Letting Agents had gone bust and taken our security deposit with them. (Our tenancy agreement was pre-2007 and deposit schemes) The landlord said the money was lost and therefore no refund would be made by him. We have…
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Property Snake - I Hadn't Been Looking/Hadn't Realised
I'm sure we all use property snake. Thing is, I've been forgetting to. What happens is: you go to the home page, it loads, the biggest drops are on the front page, you type in the area you're actually interested in ... and stare at them, maybe click. Job done. Bit dull ... which is why I don't go there often. Well, I just…
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Advice needed from anxious buyer!
Hello everyone, I need some advice if possible so will give you a run down of my situation in the hope that someone may be able to reassure me! I currently live in a 2/3 bed town house which is in a great location as its close to transport links to london. My husband has an interest only mortgage in his name with North…
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Landlord is going bankrupt in two weeks
Hi, When we moved into the property we were told that our landlord had no debts (our landlord is my partners mums boyfriend's brother) after a month we had a bailiff come round and letters, landlord said he would deal with it, he went to court and he was repaying the debt. We had bailiffs come round during the six months…
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Rental advice
Hello just wondering if you could give me some guidance. I currently rent a property by myself, and my partner is considering moving in. Do I have to let the landlord/letting agent know, and if so what is the implication? Do they have to credit/carry out other checks. I would still be the one paying the rent from my…
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Housing association tenancy.
Just a quick query really, a lady across the road passed away about a month ago and the house she lived in is a housing association property,one of her children still lives at home ( he's nearly 17) and he has decided he still wants to live in this area (other family members live about half an hour to an hour away).Anyway…
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How much should I increase the rent?
I privately let a two bedroom end of terrace for £575 pcm since the tenants took possesion in Feb 2009. Rent now on track (had some payment problems - but now receive payment direct from HB) I have notified them I will increase it from Jan 2011. I might speak to a couple of local agents, but wondered if there is a…
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What makes the perfect letting agent?
Hi everyone, I am looking for a little feedback from those of you who have had experience of renting from a letting agent - both good and bad. What do you consider to be good service? What issues were you unhappy with? In a nuthsell what would you look for from a letting agent and how much do you believe the service should…
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Estate Agency Agreements
We have an agreement with an estate agent (12 weeks). 5 weeks in and friend of a friend has viewed our house (she is not registered with any estate agents). She came to view it direct and is keen. Where do we stand with regard to our estate agent. Do we have to wait 7 weeks and then sell direct to her. Or could we take our…
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Personal Mortgage implication of renting out my flat
Hi, I am looking into the potential of renting out my flat for 6 months to a few years as work are looking to temporarily transfer me. I have a mortgage with the Halifax which i have had for 4 years for which time the flat has been my home. I'd read there are implications of renting your flat out with regards your mortgage…
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Local Authority devalued my property
Hi, My Local Authority has recently refurbished a building directly opposite my home which will be used for drug and alcohol addict rehabilitation, and for battered wives. They have installed 4 security cameras and there will be a police cell on the premises. Local estate agents have told me that it will have a material…
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What would you do?
Hi all, I've posted a thread about delays in exchanging/completion and am no further forward since then. I accepted an offer on my house in May, with the understanding that we would exchange/complete in August so that we could move to a new city and our kids could start school. Our buyer had already 'sold' their house to…
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Missing leaseholder
Friend of mine has almost completed on leasehold of a property. The solicitor has her money. Suddenly it appears there's already a leaseholder with 5 years to go on a 15 year lease. Not been living there for some time though. Surely the solicitor should have spotted that. What happens now?
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recommendations for a property manager in Newcastle?
Hello - I have used this site for a number of years - although this is the first time that I'm posting. I own a flat in Newcastle (fenham area) and was hoping to have managed by a letting agency. I won't be living close so I'll need the company to provide complete management - basically any repairs. Can anybody suggest a…
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International Student- Renting in Southampton
Hi there, I have a friend from the Midde East going to Southampton Uni next week and he's looking to rent a private house. I was wondering if anyone can tell me about Guarantor Forms. Does he need someone in the UK to sign the Guarantor form or is there another option for him? I have called some letting agencies and they…
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Should we believe a word our EA's saying?
We sold out house back in July to FTBs and must be close to exchanging now. Our EA keeps phoning and giving us dates to exchange saying "the buyers want to exchange by xxx and need you out of the house by 12pm on xxx." These exchange dates keep coming and going we have no idea where the EA is getting his info from - we've…
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Does anyone find this house-buying business is worse than dating?!!?
Soooo many games and sooo stressful! We have found a lovely house which has apparently been reduced from £260k to £250. Its been on for almost a year. Have put in an offer on Monday of £235k. We can move immediately, have a mortgage offer and a deposit. So no chain on our part. Anyway the offer was rejected and the EA said…
