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Tenancy notice
Hi wonder if anybody can help? We have been renting a property for around 13 months and are now on a rolling notice period were we have to give 1 months notice and the landlord has to give us 2 month notice. We recently applied for another rented property and are currently being referenced as we speak. The reference…
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Rental Deposit - how much is yours?
I've just been told by one company that their standard rental deposit is one and a half month's rent. In the past, I've had a months rent plus £100, so one and a half months worth seems rather huge. What is other people's experience? Has anyone seen this before? I'm currently having one or two doubts about the company in…
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property loss notice
I saw an advert in my local paper for legal company that will fight to gain money back on the loss on the new build flat I brought back in 2007 which has loss money. It said that the mortgage company over charged us? Is this right and is it a legal or a scam? The companies name is neglectassist. Any ideas?
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buying house, clause in land registry documents stating can't run a business ...
Hi just received back my documents from the solicitor, on the land registry document, it states that I can't run a business from the property, well I am a child minder, so will be running a business from my new home. what does the statement mean, waiting for my solicitor to ring me back, but don't want a anxious weekend.…
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carpet cleaning at end of tenancy
can anyoue give me advice on whether at the end of a tenancy I'm liable for carpet cleaning irrespective of the condition and cleanliness of the carpets? my tenancy agreement states I'm liable for cleaning soiled carpets (or full clean for pet which doesn't apply). I haven't made any stains and the carpets (old and marked…
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Help with Northern Rock and Remortgage
Apologies if this has been covered a million times but I am unsure how to proceed. I have been on a Northern Rock Together mortgage for nearly 5 years. This fixed term comes to an end on 30 June and I want to know if anyone can advise me what to do. The mortgage payment left is 20 years, £85K total of which £66K is secured…
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Advice Needed on Surveyors Report
The valuation on the the property we hope to buy has come in with a £2000 retention. The house is a 1930s property, but the surveyors report is asking for a timber and damp report, as well, as a electricians report. We have instructed both reports to happen over the next week, so will just wait and see what the outcome is.…
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Roughly how much for...
Found a house that would do the job but it needs some work. I know any estimates are just that but would help me to decide if it's worth putting in an offer or not. House is 3 bedroomed and in north east of England. House needs: Full new kitchen (nothing fancy) Full new bathroom (ditto) All new double glazed windows About…
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Property Size - Square Footage query
When the size of a property is quoted in sqaure feet or metres, does it include hallways, toilet areas etc or is it just living space?
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Help please
Hi people, I hope you can help. Basically we started renting a property in February an they advised us that the rent needed to be paid by the 1st of each month. We advised them we don't get paid until the 15th of each month and they told us if it's after the 7th then we'll receive a £10 charge, which we accept. We've now…
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House in the sun property exchange
I am trying to sell my property in spain, without much success :( . I thought there must be people in the UK who would like to move to spain and might be consider an exchange for their UK property. Has anyone ever done this? Any suggestions on how / where to advertise for an exchange?
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75-Year Lease
Hello all, potential first-time buyer here. I've seen a few promising places at reasonable prices, but with only 75-77 years remaining on the lease. I've been rejecting them based on this, but am I right to do so? For example, what are the costs and implications involved? Is renewing it likely to be a problem? If it helps,…
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Cost of Owning vs Renting
We are renting at the moment and consider buying. I'm trying to compare the "real cost" of owning vs. renting, since it obviously does not just depend on the rent vs mortgage payment. Renting - monthly rent - utilities - council tax - contents insurance Owning Monthly costs - mortgage - utilities + - council tax + - wear…
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2nd BTL - good plan or just greedy?
Wonder if anyone can give me some perspective on this situation. I own half a converted house (which I used to live in) which is rented out. There is a small mortgage on it at a very low rate, which costs me less than my tax-free savings earn, so (after tax and maintenance) I essentially get all the rent as 'profit'. It's…
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Advice needed please
Hi – further to my earlier question I think I may have been quite naïve about what I need to tell the bank when applying for a new mortgage. Basically on completion day I will be in a position to 100% pay £20000 from my equity to clear my debts (x1 cr card and x2 personal loans). I know that I will definitely do this and…
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Wear and tear - tax implications for property owners letting out
I'm in the process of noting down some figures for my tax return on my house that is currently being let out. I'm told I can claim 10% wear and tear, but not able to get a clear picture on 10% of what. One source told me it was 10% of the gross rental income, another said 10% of the rental income after expenses (which…
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renewing tenancy agreement
just about to sign for a new rental property with a LA. signing for 6mths, they are doing the usual credit checks, work checks, income etc, along with the £120 application fee. Now when the 6 months is up and we want to resign for another 6 months, will there be a admin charge again? will they want to go through all the…
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I am in a real mess! Advice needed please
This might be quite a long post...Where to start! In July 2007 I bought my house (with my now ex partner) for 129,000 - however as first time buyers was completely naive to the whole buying process and did not get a good deal on our mortgage. We were advised to take out a Northern Rock mortgage where we would be able to…
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Any surveyors out there?
As I am having difficulty with the flat I have put an offer in on, I've decided to go out looking just in case my purchase falls through. I've just spotted a property on RM, which looks interesting, but I think from the pictures that it's built from concrete blocks. Any concerns, comments, problems with such? Don't want to…
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Heard diddly squat from sellers solicitors - weird or what
Yesterday was not a good one. In my usual chasing up email, it turns out that the sellers (of the house I want to buy) solicitor hasn't responded to mine's request for a contract pack. Initially my solr was given the wrong seller solr details. It's an assisted sale apparently and my solr was given the lenders own internal…
