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Renting a room - tax implications
Hi, Have just bought a house but will need to rent out 2 rooms in order to cover the mortgage costs/council taxes etc etc. It's in central london and will aim to rent the rooms at £800pcm incl all bills, so £19200 per annum total. Am I able to offset the mortgage costs and or any other bills against this to reduce the tax…
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tenant to pay for renwed lease?
My daughter is in a rented flat which has a lease of 12 months. This lease needs to be renewed in september and she has been asked to pay £120 to do so. When she rang the agent to ask what she was paying for she was told she was paying for the legal documents for the lease to be renewed. I have never heard of this before…
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Land Value
We've been approached to see if we are interested in selling part of our garden. The developer has already made an agreement with our neighbours and submitted a planning application but they have been informally advised by the LPA that the garden is too small and to be successful they need a bit of our garden too. I have…
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Renting land without a lease
Hi, I wonder if anyone has some advice as to my rights as a tenant. I have been renting a mobile home on private land for the last 12 years, but have never signed a lease. 2.5 years ago, i bought my own mobile home to replace the existing one owned by my landlord, so now i am paying ground rent monthly. It is a legal…
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3 Months later in rented flat and STILL no electric reading
Can you please help a friend? She moved into a flat three months ago after somebody moved out. The electricity meter is apparantly in a locked cupboard. Too many telephone calls to mention have been made to both letting agent and Electricty company. The electric company say its law, they have to gain entry and its up to…
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cheap area with good primary schools in SE London?
Hello, can anyone recomend an area in SE London that has: 1) a good primary school (at least Ofsted grade 2 overall) 2) 3 bed houses for up to £300k? positive replies with local knowledge only please! thanks.
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How low can I offer-advice plz!
Hi Looking for some advice.had an offer accepted on our house in scotland.cash buyer,no chain. We now need 2 buy.We have viewed a property and really like it. It is on at offers in excess of 129000. Ily Been on the market for 6 months,no offers.the home report frm then has valued it at 140000 I asked the owner how much…
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what are my options to move out?
i'm currently staying at the parents while i clear some debt, which i've nearly done now. i'd really like my own place though. i already own a maisonette thats rented out to good tenants, who show no sign of wanting to move on. this pays for itself and leaves a small 'profit' which i leave to pay for insurance/boiler…
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Estate Agents - experiences of a cash buyer
I've been trying to buy a flat in London, cash buyer, no chain, no mortgage required, solicitor ready, plenty of time in the day to go to viewings and a large chunk of money ready to hand over. So - you'd think estate agents would be queueing up to snatch my hand off and flog me a flat, wouldn't you? Apparently not. Start…
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Buying my parent's house.
Hi, My parents have a house valued at around £180,000. They have investigated releasing the equity but have been offered only a 1/3 of the total value by current lenders. Is it legal for them to sign the house over to me - whereby I will pay them £500 monthly to increase their monthly income and will in turn own their…
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Section 106 council agreement
Hi there, I am a first time buyer and in April we put an offer on a repossessed flat in a shared ownership developement but we would own 100% of it. The estate agent told us we need to complete in 21 days... It has now been 5 months and we have not even exchanged contracts. The reason it seems to be taking so long is…
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Are landlords generally happy with their letting agents?
I need to know if it's just me that feels this way? I have just made a list of issues I need to discuss (again) with my letting agent (statements not being sent, inspection reports not being sent, general poor communication ....), and am feeling quite p'd off that I appear to pay them for doing not a lot. We have been…
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lodgers rights?
i hope someone can give us a bit of advise regarding our troublesome lodger........ we took in a lodger 6 months ago who had a job, 2 days after moving in she lost it, 6 months later she got another, 4 weeks after she lost it. We have since found out, that all the time she was working, she was still claiming housing…
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Should i be the Landlord
Hello Guys - i currently have a few posts running so sorry for keep asking lots of questions. Im currently really weighing up if i should rent out my current property to ennable me to purchase a property that is on the market at the moment that we feel would be our dream home. (the idea is get a consent to let from our…
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rubbish estate agents - what can i do?
Hi my first post! we sold our hold the first week of June to first time buyers. We then found a house, and an offer was accepted on it the last week of June. The people we are buying off have relocated and the house is only 5 or 6 years old. we are now the 22nd August and still have no date to move, basically the people we…
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Estate agents and landlord not fixing damp - need help
Hi there This is a bit of a long one really. We moved in and we have damp and mould in an interior built in wardrobe which is now appearing on the lounge wall. The estate agents did nothing for a month and then their maintenance guy came in and said we have dry rot and rising damp. The house maintenance is run by Somer…
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Paying estate agent upfront ?
Hi, Had the first estate agent round to value the house. They are probably the largest EA in the area. They want to charge us £90 incl. VAT for the following: Marketing, including photos and floorplans EPC We must use their solicitor. They have other options, but this is the cheapest. They also want to charge us around…
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Legal Right After Buying home
I hope someone can help. just bought a house, as part of the survey we were advised to check that the boiler had been checked the previous year. We asked and were told yes. So we did not get it checked. A wekk after moving in we got BG in to service the boiler, they condemned it. We haev now confirmed that the boiler has…
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Building regs
Hi We have put our house on the market and when doing so were asked by the estate agent if we had all documentation for any planning persmissions and building regs if work had been done on the house. We converted the garage in 2007 and have all relevant paperwork for that but in 2004 we had builders remove an internal wall…
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Tenant's Contents Insurance
Is it normal / legal to include Tenant's Contents Insurance as a requirement of a lease for a flat? I feel like I'm being bamboozled to get insurance that I don't want at £13.46 per month. Presumably the letting agents (Accord Lets) is getting commission from Axa insurance for every new customer that they sign up. This…
