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FTB Stamp Duty
I understand that the stamp duty up to 250k for FTB expires in March 2012. Do you think in the current climate the government would extend this policy another year at least? Or maybe until 2014? I guess they need to do what they can to stimulate the market. Your thoughts? Thanks Darren
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Question for landlords
When you let your property, do you actively seek tenants or simply wait to see who comes to you? We have registered with every letting agency we can find but wonder if it's worth placing ads in papers etc in case some people let privately. Would a landlord take notice of a wanted ad? Should we be placing paid for ads in…
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Gazumping (and other things)
Hi there, We had an offer accepted on a house we're buying in Bath, but were then gazumped by someone from London with a lot of money to their name. I realise that this practice goes on with agents, however unprofessional. As a result we are trying to counter-offer, but we've completely lost faith in the estate agents not…
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Putting a claim in against letting agent...
Hi Wonder if anyone can help im about to put in a claim against my old landlords who are a letting agency...they did not protect my deposit and are not giving it back. However they have changed the name of the company from what is on the tenacy agreement, on the claim form should I put the new name and then formerly known…
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Please please please please sell!!!!
O.k pointless rant I guess. We're now getting to the end of the deadline before our vendor sells the property to someone else. We are desperate for this house (our dream area and been offered it for a 30k discount as they 'like us'). Our house started at 119,950 putting it in line with others in the area. We had 3 viewings…
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House in joint or my name
Hi Can anyone advice me on what to do. My husband has inherited 50% of a house and we are going to buy the other 50% from a family member and then rent it out. Do we put the house in joint names being my husband and I or just his. I am a higher rate tax payer and my husband is not, also I dont know if this makes a…
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Feel Ripped off by Bairstowe Eves
We tried this estate agent as they are selling pretty well in the area. Sales guy came around and gave me all the spiel which was pretty convincing ( bear in mind this is my third agent so i am not nieve ) Fees were initially £3000 + vat ( property listed at 60k ) fixed fee. I talked down to £2500. Then comes the bombshell…
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Landlord changed mind
Hi all Here is my story. We put in an offer to rent a house, which was accepted. The house is available from 1 July but we can only move at the end of July, which we made clear and which was accepted by the LL. We paid a £250 property holding fee deposit to secure the property and take it off the market. (paid to the…
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Auction strategy advice
Hi Folks, I thought I would ask for some advice regarding auctions and bidding strategy. There is a property on my road at auction, guide price 200k. I know that on my road these houses can sell for between 300 and 330k, depending on a number of factors, such as position on road, (we rent at best end, auction one is at…
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House not selling
Hi Our house has been on the market for a year. Last summer it was priced at 160,000and had some interest in it. One offer, but not good enough. Then person disappeared. Things went quiet, and EA started fo fob us off and we discovered that he had lied to us about following leads up etc...so we moved EA. More interest and…
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take over mortgage and convert house into flats...?
hiya. I'm looking for some help / ideas on a idea i had that's way out of my league. My dad has a mortgage that he has owned since i was born, he owes £25k ish (it cost £19k 27 years ago) and is never going to be able to repay it now. he only pays about £110pcm towards it. I'm not a high earner BUT i could afford the…
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buying a repo house
Hello forum, i have offered on a repossessed house, this offer has been accepted. we were due to sign missivs this week. My solicitor has just found out that the house is affected by the RBS v Wilson case (cant post a link cause i'm new :( ) the bank are offering title imdemnity insurance based on the purchase price of the…
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What if landlord wants me to leave but I don't want to
Hi, in the hypothetical scenario above, what would happen? What I mean is that if my landlord wanted me to leave and did not have a good reason (i.e. tenant always paid rent on time and property was well maintained by tenant), and I didn't want to leave, what can the landlord do about it? This also assumes the landlord…
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Selling...
I know this is a 'how long is a piece of string' type question, but was looking for some opinons. My home has been on the market just under a week, viewer number 5 is coming tomorrow. Am pleased about how many viewings we've had, as when the EA came over he'd said that the biggest hurdle we'd face was getting people…
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Extra Deposit (strange question)
First time buyer, saw a property a few weeks ago that was top of my list, I found out at the weekend that it is going up for auction next Tuesday so I phone the estate agent on Monday. I am now in a position where I have offered £102k for the property, this has been accepted and I have a mortgage in principle from Halifax,…
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Landlords Insurance ARGHHH
Hi, just wondering if any LL have decent brokers or companys they use as i have tried a few places today, (sarah beenys advert the main culprit!) Heres the situation ive found myself in - House purchase nearly there Need buildings insurance before exchange Need a tenant before can have buildings insurance Need to have…
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Top of chain new build problems
Help, I could really use some advice. I am in a chain of five. All except the top of the chain are ready to exchange. The issue isbthat they are buying a new build an Wimpey won't say when completion will be. My buyer and their buyer are already really disillusioned and looking at new properties. They wanted to complete a…
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Making an offer?
We've found a property we would like to purchase.The seller of this property wants to move to new build property so no chain,but wants to move as soon as they can to be with family.Currently we have our property to sell.We have a buyer who is interested and has agreed to the price of our property,but is currenly waiting to…
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house buying companies
Hi I have my house on the market and its not selling. My partner reckons we should try one of these companies that offers to buy your house or promises to sell it for 90 -100% of the market value. Does anyone have any experience?
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Houses of Multiple Occupancy - Any Moneysavers Work For a Charity that OWNS Theirs
Hello! First post so hope I'm in correct place. Charity that I work for involving homeless & disadvantaged people does a very good job at getting some clients into their own accomodation. The charity does all the paperwork & finds landlords that are good enough to take on our people. Many have drug/alcohol issues, but are…
