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Mis-sold mortgage
I have been contacted by Consumer Money Matters Limited claiming that they believe they have significant ground to put a mis-sold mortgage claim forward. Fee payable for this service is as follows which is backed by their “NO PAYOUT NO FEE GURANTEE” So if your claim is unsuccessful for any reason the admin fee will be…
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EA Speak: I love it when 'traditional' means HORRIBLE
Oh my poor eyes! Someone must have liked it though, as it's Let Agreed http://www.rightmove.co.uk/property-to-rent/property-32319557.html
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Who made up Stamp Duty Land Tax (SDLT)???!
Hello, I have just been researching SDLT and impacts to my new tenant and is it just me, or does this tax seem a little odd? They pay tax on the rent they pay? It seems my tenant paying 920 a month for a year would not pay this tax in the first year at least, but assume that if she decided to live in the flat for many…
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Jointly owned property ,but wanting to part company
Hi All, I am brand new to the forum, so please be gentle with me:p I was hoping that you could provide some advice or direction on the following. I bought a house with my sister 6 years ago. My mother kindly provided the deposit. Initially, we rented the property and covered any shortfall. In year 3 I decided to move into…
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Help with Council Tenancy and unexpected Arrears
Evening all I'm in Scotland, in case it makes a difference. I need a bit of advice about my council tenancy and some arrears that I've only just found out about. I had a letter today saying that I was 2 weeks in arrears and if I didn't pay the outstanding amount by 17th of June then the council are going to begin eviction…
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Shared ownership mortgage port
Hi all, I'm hoping to buy my flatmates share of our flat in the next 2 months. I am concerned about applying for the mortgage on my own. I currently earn £41500 plus approx £10000 in overtime. The outstanding mortgage amount is approx £92000. However, I have a loan with repayments of £425pcm for the next 24 months and the…
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Property is with 50m of potential flood risk
We have received an environmental search report/certificate from the solicitors. At the bottom it says 'the site is located within 50m of potential surface water flooding'. I am worried and dont know if this means that we should not buy the property??? Does anyone have any advice please? Its all very confusing and im not…
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Vendor wanting to see financial information
Hey Hey, I've had a bit of back and forth with an offer on a repossession. Before they accept my offer the agent has asked for a copy of my Approval in Principle as proof that I have a mortgage in place. I'm mostly fine with this. However they've also asked for proof that I have the deposit to get the mortgage in the form…
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Viewings
We've had our house on the market since 22 May, so not really that long yet - but I'm already very impatient! We had a viewing the first week but the feedback was that there was too much work to do, and that the lady wanted something a bit more modern. There isn't work that NEEDS to be done, however the bathroom suite is…
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Help for a first time seller
Hi All, I see lots of first time buyer posts but i am selling my first ever house and im lost lol. Any tips or advise where to start. We would be moving in with parents to start with so no chain.
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Buying fees - how much?
I'm trying to work out how much to offer on a property so need to know how much of our deposit to hold back to pay fee's, etc. We're not FTB's as OH has owned before so there'll be approx £2400 stamp duty. Can anyone give me a good idea of other fee's - solicitors etc? I know they'll vary but I need an idea! Many thanks C…
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Getting our damage deposit back?
I moved out of the student house, which I shared with 3 others, on 13th May this year. Although the tenancy doesn't officially end until this Saturday, my moving out was agreed by the landlady. We had a meeting the day before about how much of my deposit i should get back and as a result I'm challenging so much of it. The…
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Mortgage company asking for reference from landlord
Hello, Is it normal for a mortgage company to ask for a reference from our landlord. We applied for a mortgage a while ago and on the form they asked for our landlords details. We provided this, and when we checked the update of our application, they are awaiting a reference from our landlord. Is it just me or does this…
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Market picking up? (seems to be in Glasgow anyway!)
Hi All, I'm wondering if we are just seeing a wee uptick in the market in Glasgow only, or across the rest of the UK as well? We have accepted an offer on our property in the last couple of weeks, which is great, but a load of the properties that we were watching on RM have also sold in the last 2 weeks, we are going to…
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Holiday cottage rental disaster
Hi My Partner and I rented a holiday cottage for a week through an internet agent and we arrived on saturday to commence our let. On sunday lunchtime we went into the kitchen to prepare food to find that fruit on the worksurface had been eaten by vermin and there were droppings on the worksurfaces in various places. We…
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Breaking a tenancy agreement early?
Hi, We moved into a privately rented property last year and signed a 12 month fixed-term tenancy agreement. We were told that the landlord was moving out of the property and into an extension built onto the side of ours, which would be finished by the time we moved in. Effectively, one property has now become two. Since…
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Agh! owner refusing to provide documents
Last bit before exhange..chase the owner for the indemnity insurance policy for the extesnion at teh back of the house and also for the gas cert for the central heating they had installed in 2007. They have said no to both..... They don't see why they have to?! If they don't then it looks like our mortgage offer will be…
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Well that's £35k down the drain
Just had some valuations done on my flat and, since I purchased it four years ago, the value has dropped down by £35k to the stamp duty threshold. I understand that the properties I'm interested in have also seen drops, maybe not as dramatic, but drops none the less. But £35k is hard to swallow. Of course I don't have to…
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mortgage free and wanting to invest in buy to let properties.
Hi all, I own my own home outright and was wanting to in invest in buy to let properties, using my own home as collateral to raise money to pay deposits on a few auction properties, which I would then mortgage on interest only terms over 20 years. Has anyone been in a similar position and can offer some pointers or…
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Part release of land from Lender's security
Has anybody ever had a problem with their lender refusing a part release of land from their security? In a nutshell we have the opportunity to sell a relatively small part of our garden land for development for a good sum of money. However, our lender has refused point blank to release the land, without even so much as a…
