-
Can we do it?... ideas/advice please
Hello first time poster so please be gentle... Scenario..... We (me and the wife) have been tracking a house that has been on the market for a few months. It has dropped from £165k to OIRO £125k. :j in the last 6 months. Its pretty much our dream house but needs some TLC.. (We have viewed the property) Our current house is…
-
Water Covenant
Bit of advice please: We live in a farmhouse (we don't farm) which we purchased some 10 or so years ago. We get our domestic water supply from a shared spring. The shared spring supplies 6 properties comprising one working farm (cattle & sheep) and five houses. The five houses are pretty normal "domestic" properties with…
-
Rent increase backdated
I just got a letter from the agency saying that my contract expired in august, that I have to sign for another 6 months and that the rent increases from the 7 of august!!!! The direct debit has gone through in august and september with the same amount as before, so how can they charge me for a rent increase from august ???…
-
Can I rent out my house and buy another with my bf?
Hello moneysavers My bf and I are desperate to buy a new place together. We've put both our current homes up for sale but mine won't sell, in fact no interest at all in the last 8 weeks. My bf however has had quite a bit of interest and just had an offer which he's thinking about accepting. So we are thinking about renting…
-
Buying house - must I pay for structural calcs for dodgy chimney up front?
Hi all - I'm in process of buying house and survey threw up unsupported chimney breast issue in loft. Estate agent says I should get builders round to quote on work and claims to have spoken to structural engineer who had worked on an aborted loft plan in past who said the work would be few hundred quid. Obviously this…
-
Wohoo, LA finally accepts I am on a Statutory Periodic Tenancy!
Just thought I should tell you that finally after two years my Letting Agent finally has accepted that I am on a Statutory Periodic Tenancy! I have lived in my house for over 4 years now and renewed every 6 month for the first 2 years. Then the Letting Agent forgot to renew the agreement and I kept stumm. Didn't want to…
-
bought a house with broken central heating! anything I can do?
Hi all, Recently moved into our new house. The day later I noticed the overflow from the cold water header tank was constantly leaking out the side of the house. Long story short, it turns out the hot water tank was broken and needed replacing along with all the pipe work. The guy who did the repair work lives two doors…
-
Desperately need advice- sellors solicitors gone bust and probate void
Hi I really need advice as a FTB I have no idea how to deal with this. basically our offer got accepted on a flat on July21st. They informed us that probate had not yet been granted but was due to be sorted in a matter of weeks...as of yet it still hasn't been sorted. In addition to this the solicitors of the sellers are…
-
Heating Help Please
We have just moved into a rented flat and have a heater in the front room which has a switch at the wall and the dials on the top say 'discharge' and 'charge'. Our estate agent is pants and doesn't know how anything works, so we are really stuck with how these work and how we should use them. Any help please? When we first…
-
Buying with a friend - good idea?
I don't know if anyone else has been in this position. We have paid the mortgage off on our own house and also own another that we let to students. A friend has asked if we would like to go halves on another house with a view to doing it up to sell or let. We have just enough to buy half a house and it sounds like a…
-
Mortgage Rate Increase due to Renting
Does anybody know if all mortgage lenders now up your mortgage rate by 1.5% once a property has been rented out for 6 months? We are about to rent out due to work relocation. Many thanks.
-
Solicitors gone bust...
We need some advice please. We completed on a house about three weeks ago. Yesterday we received a letter form our solicitors that they have gone bust and we either need to instruct them on a new solicitor or they will hand over our file to another solicitor firm. We're just a bit worried about what's going to happen. We…
-
How much Capital Gains if I sell???
Hi, I bought my flat approx 15 years ago for £85000 and it is now worth approx £250000. Have a mortgage of £66000. I lived in it for 11 years and then 4 years ago moved back in with my parents and rented it through an agent after splitting with my partner. (Flat is 100% mine and have filled in Tax Return for past 3 years).…
-
HELP - want to buy a reposesion but not sold out house yet...
Any help would be appreciated. Our house in on the market and we have a offer but our buyer does not have a buyer for their property yet. We have fallen in love with a repossesion property but obviously it is not going to be on the market for long so we are wracking our brains for a way we can borrow money to buy the repo…
-
Estate Agents and what to expect (Scotland)
Hi, I am about to put my house on the market and am wondering about the charges that estate agents are quoting me. Maybe a bit naive here but I thought that if you say to someone that you will give them a percentage of sale value of your home it is then up to them to sell your home and it is up to them how they go about…
-
OMG son's Landlord has just threatened violence!
Hi there, Urgently need some advice. My son is in a flatshare with a friend, both students. I'll say upfront they've been a bit erratic paying the rent (the student finance fiasco this time last year didn't help) as the Landlord demanded the rent before their loan payments were made. Their rent is due this week and he made…
-
Exchange, Survey Complete - right order
Can someone please advise me which is the best order of event when buying a house which I'm just starting to do. We agreed a price. Their solicitor has contacted mine and I am now arranging a survey to take place in the next few days. Should the survey precede the exchange of contracts, the other way round or doesn't it…
-
EA recommended Surveyor
I have just had an offer accepted on a property. The EA has recommended a Surveyor who contacted me almost immediately. I am unsure whether to use this surveyor. I am also unsure as to what type of survey to have due to a previous homebuyers survey on a house which failed to advise me of many issues. Any advice would be…
-
second home tax help
Hi Not sure where to post this question !! can anyone please help .. We brought my parents house around 15 years ago to help them with debt .. My mum has since died , but my Dad still lives there .. We don not and never have charged any rent .. Is there any tax benefit we could claim .. or anyway we could say we were…
-
Removal costs?
Can anyone give me a rough idea of how much removal firms may charge? I live in the Midlands near Coventry in a 3 bed semi and will be moving almost 90 miles to Stoke-on-Trent. This will be the first time I've used a removal firm and I'm not sure what to look for when choosing one. Thanks in advance you lovely people! :)
