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How long to receive contract etc from solicitor
We were informed last week the vendors solicitor would be sending a contract to my solicitor, following our offer accepted. It has been over a week and my solicitor is yet to receive, should I be informing the EA or give it longer as i am anxious to keep things moving along
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Specialist Subsidence Insurance Companies
I'd be grateful for a list of insurance brokers, who take a practical approach at offering house insurance when the property in question has slight subsidence, that requires minor remedial works and not underpinning. Thanks in advance.
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Survey decisions
My husband and I are in the process of buying our first place and I really can't make up my mind about whether we should get a survey done or not. I've trawled through the board here but this just keeps making me change my mind even more! Some people say it's not worth it as the report just comes back saying 'may be signs…
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Property Searches - What do they mean?
I've just been gathering solicitors quotes for the legal fees for the purchase of the house I've had an offer accepted on, and as a FTB was just wondering what the different searches are and what they involve? Some are self explanatory, such as Mining Search and Drainage Search, but I was wondering what exactly a Local…
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Delaying tactics? What happens next?
Hi all I would be grateful if someone could give me some advice on what happens if a purchaser is deliberately delaying the completion of a sale. I sold my home in Oct 2010 and as of yet the sale has not completed. The property was leasehold, so I knew that it would probably take a little longer than usual to complete the…
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Estate agent fees for the more expensive home
Been over ten years since we bought, so I have long since forgotten about the fees we paid Starting the selling process tomorrow What experience do people have of agents fees for more expensive houses Not sure of the current value, but expect to be near, if not over the 5% stamp duty threshold
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Good article around costs associated with leasehold proerties
I have just read this - http://www.lovemoney.com/news/property-and-mortgages/buying-and-selling-property/11446/my-leasehold-property-nightmare- OK, it's a one-sided view from someone who it cost a lot of money, but it does give a good indication of what you could possibly end up paying for in a leasehold property.
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Insurance for house that has suffered secondary flooding
We are first time buyers and currently in the process of purchasing our first home. We had a building survey carried out which indicated the house could have suffered flooding in 2007. Our solicitors have received confirmation that the house suffered from secondary flooding. I am now in a state of panic as i understand it…
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Notice period in the 6th month of an AST
I've paid my 6th lot of rent today, and my AST ends in a months time. I want to stay there, and have had email correspondance with the agent to this effect. All looked fine and seemed agreed, but I haven't had any official paperwork. I know that legally it goes to a month by month contract, and that's what I want to do.…
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Moving in
Hi all, We're just about to move into a flat that we recently purchased. The flat is 3 yrs old, we've viewed it a good few times and it looks like its in good order. But what exactly should we look out for on move in day. friends of ours have told us to check the boiler/radiators, all electrics etc and make sure they are…
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Am i right or wrong?
Hi Keeping a long story short I've just purchased a new house. We are at the moment in the 5th month of our 6 month tenancy agreement. We have gave 2 months notice to leave as required in our tenancy agreement. Im thinking of leaving a week before the start of month 6. Im thinking of doing this because the property Im…
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Solicitors - deposit
Hi We are looking to sell our house and purchase another and I have just started looking around for solicitors. I have had one lot of paperwork through about the timelines of purchase etc. and it states that the solictors ask for a 10% deposit. We don't have that kind of money as it is tied up in our house. Can anybody…
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Who to turn for financial/tax advice?
Hi there I don't have a financial advisor and have several properties I could use advice on, including CGT. Aside from sticking a pin in the yellow pages, what sort of person should I be looking for? A Straight tax advisor or do financial and investment advisors also know about CGT? Sorry to sound so thick but I have no…
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How to protect our second home from the tax man!
Hi there, We are two self employed small business owners. We have had one property for around 8 years which we no longer live in but do have rented out and then our own home which we have lived in for 3 years. Our second home is mortgaged and does have around £120k equity in it. We would like to ensure that this equity is…
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Estate agent fees reasonable?
Hi Our have has been valued at £100k by several local estate agents. We have narrowed it down to 2 both of them are saying 16 week lock ins. One wants a fee of £1950 & vat and the other wants £1850 & vat. I've read on here that it's possble to knock them down to 1% but we can't seem to get ours to budge. It worries my that…
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How can we protect our rented second home from the tax man?
Sorry, I made a mistake on this page! Can't see how to delete the post only ammend it x
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Capital Gains help!!
Hi all I bought a house off my parents for £250k of which they gifted me a deposit of £65k. I am now selling the house for £300k and want to return their deposit and repay the £185k mortgage. If I had chosen to keep the £65k gifted deposit I would not have had to pay CGT on it but I'm guessing that giving it back is a…
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Agency reference checks - what's too much?
My partner and I are moving in together and we have already found our perfect flat to rent in Liverpool. The only catch is we are having to pay £100 EACH for a 'reference check' . When I asked what this involved the agent explained that they would look to see if we where legitimate. what costs £100? Experian credit checks…
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Other estate agents ringing to sell my property
Is it normal for other estate agents to ring you to try and sell your property? I am happy with the estate agent I have. I have had 17 viewings since being on the market since beginning of Feb. Had one offer which fell through last week because the buyer couldnt get a mortgage. Got someone coming for a second viewing on…
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Advice Needed – To upsize or not?
Can anyone offer any advice please? We are considering moving to a larger house and looking for some expert opinion. We have seen a house we love that was originally on the market for £270k. Hugely overpriced, it was then remarketed for £250k. We’ve put a bid in for £247k and its been accepted. The house was purchased as a…
