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First meeting with Solicitor - FTB Confused
Hey all. Just wanting some advice. I've had a letter from my solicitor asking that we go into his office to sign contracts for the house purchase. It also gives me a list of monies owing and states that i need to ensure the funds are available for my appointment. This will be the first time i've seen him. When i rang in…
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Should I stay or should I go?
I'm currently with Nationwide on a tracker rate mortgate which is currently charging 3.08% (2.0 NW base rate + 1.08%) Am I better off just staying where I am when the rate ends (2.5% base rate) or are there any decent deals around. One problem is that the remortgage was competed just before the "crash" so not sure how much…
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Sold- how to invest?
Hi, I'm in over my head. :eek: My Granda (71 years old, retired and reciently widowed) has just sold his flat ( he'll get C. £108,000 after fees) and is due to finalise in a couple of days/ a week, I have already done some research but frankly I'm only used to saving £30 or £50 here and there, not dealing with £100,000+…
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doing conveyancing.who do i use?
Buying my first house in Blackpool and i need to get someone to do conveyancing. i phoned for costs from conveyancers and they differ so much. who do i ask? some companies sounded like I would get allocated to a Team and another lady was lovely though not sure if she was a solicitor or a secretary. do i need a solicitor or…
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Advice Needed - How to Raise Capital
Hello Experts I hope to buy a property at auction. The property and costs are going to be £250k and I am fortunate enough to have an £80k deposit. The trouble is that there is a tenant in the property and the tenancy (an AST) does not end until a month after the auction. This means I have been trying to get a mortgage for…
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Should we sell up and rent?
Hi, Just after a little bit of advice - as I'm not really sure where to get it from! To cut a very long story short-ish, our current lender (Advantage) has made us an offer of £20,000 to end our mortgage with them (think they're going into administration and are trying to offload mortgages). The thing is, this offer has…
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Preparation of the final lease
Hi there Im buying a shared ownership property and had a letter through saying 'on completion you will be liable to pay £80 + VAT in respect of the seller's (Housing Assoc) solicitors preparation of the final lease'. Does this sound right? As far as I was aware the Housing Assoc should be financially responsible for the…
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No stamp duty payable - disadvantaged area
We are almost at the point of exchange and my solictor now advises me that as the property falls within a disadvantaged area no stamp duty is payable. Flat costing £180,000 and we are not FTBs. I have googled looking for explanation. Maybe its the end of a very long day or maybe I am thick but I cant understand it!! Apart…
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FTB issue with possible subsidence
hi all, just joined and first post. im looking at buying my first house and found one i like only to be told the area is susceptible to subsidence, is there any way i can find out it affects this specific property or do i have to go through the whole process and wait for my survey to be done. Is there any way to find out…
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Who pays the bills???
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conveyancing fee's to sell my flat
i'm in the process of selling my leasehold flat for 85k. i'm using the sols recommended by the estate agents, after the lady in the office said they would probably charge between 370 and 420. i received a quote which stated the fee would be 475 plus vat. as i've never sold before i dont know if i'm been overcharged…
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will i be liable for CGTax or ITax?
Basically id like to know if this is possible, My Mum is retired and owns property outright and we want her to live near us in a bungalow. As she is 73 it would be ideal to have her close by in a bungalow. So in principle rather then her house become un manageable she would like to sell it (£70K) and put this down as a…
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Questions to ask vendors before we put in an offer
So, having read the "wish i'd known before i bought thread" Are these sensible questions, or are they going too far (especially the one about children)? How old is the boiler, and is there any written proof of when it was last serviced, or installed. How old is the electic wiring, and is there any written certification for…
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Please help student moving house
Hello i am hoping for some advice,my 18 year old daughter has just had to leave her joint tenancy property.She was been harrased and victimised by the other two girls.She was only there for three nights and they had a party everynight with at least 6 people staying over,the neighbours were calling the police.They were on…
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I wonder what's going on with this property
Just installed property bee (a bit behind the times) and discovered this: http://www.rightmove.co.uk/property-for-sale/new-homes/property-14508078.html?premiumA=true Seems they can't decide what it's worth, some one keeps taking 100k off the price! Also how can it be a 'new home' when it was built in c2004?? For those…
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Renting through a Letting Agent.....
I've been renting in Brighton & Hove for a long time now through various agencies. Recently the prices have gone up and as far as my current flat goes, it isn't worth the extra £50pcm. I've been looking at new flats to rent for a few weeks now and it's fair to say the outlay is getting bigger. What eats away at me more and…
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House Buying! Help!
Hello All, I am looking to buy my first house in the London E18 area. I have saved up £70,000 as deposit. My price range is between £300,000 to £380,000. My annual income is £34,000 (3 years accounts provable). Now, does any one know of a good broker, or a bank to go to directly, who can accommodate me? Any personal…
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What do FTBs want?
Are you looking for a house which needs no work or is price the deciding factor? If your maximum budget was say £100k, would you view houses priced higher than that in the view you could offer lower? I'm about to put my house on the market so I'm asking these questions in order to work out if I should replace the bathroom…
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Empty Properties in Birmingham
Hi Everyone, I tried to find out details for empty properties from my local council (Birmingham City) and I was refused. I understood from the council's web site that I should be able to do this yet when I approached the properties department they refused siting the Data Protection act. Has anyone been successful in…
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Valuation survey - how quick?
Hello everyone, I was wondering on average how soon a valuation survey is done after having an offer accepted on a property? I know that my particular lender assess all the documentation first and only then decided to order the survey if they're happy with all the docs so it's one of the last things to happen in the…
