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How much first offer?
Hi probably heard this question a lot but was wondering what to put in my first offer? The House is worth around 210. They dropped the price to 200 - but its been on sale for a year. I think the most i want to pay is around 190. Where should i start?
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"backdating" tenancy agreement
I am a student in London and rented a property through a Letting agency who is also the Landlord. This expired at the end of mid June. My friends (3 of them) had rented another property from the same landlord; one of those friends was leaving and I was going to take his place. The previous 3 tenants gave the required…
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selling a leasehold property / short lease
Hi, i am currently trying to sell my flat which has 68 years left on the lease, I have been told by my solicitor that it is still mortgagable providing the lease has at least 30 years plus the term of the mortgage. But i have also been told by prospective buyers that only certain mortgage providers will offer mortgages for…
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Why can't I move?
I have been searching now for about a year for a property to rent and keep hitting a brick wall everytime, it's driving me insane. I have been looking for a 2 bed flat/house somewhere in my local area in London (Wandsworth borough). I need to stay in this area to stay close to family and friends and work. Now the problem…
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selling a house and advice needed
I'm new to selling a house and wonder if anyone can give some advice. In a nutshell myself and my girlfriend are buying a house from my girlfriends parents privatley (through the correct channels of seperate solicitors and what not) I am selling a house I co-own with my ex wife which is under offer pending quotes on…
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Section 21 withdrawal
If my landlord has changed their mind about the section 21 they issued how do I safeguard myself so that they must give me 2 months notice if they change their minds again?
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buying share of freehold in enfranchised block
Hi all I am the only person in my block not to own a share of the freehold- the owner before me didn't bother when it was enfranchised. I am now trying to extend my lease and was told by the mgt company's solicitor I buy a share of the freehold and then the lease is extended. I explained the situation to a a surveyor and…
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Should i rent or stay were i am
Hi, Ok so this is kinda for Aussies, well im currently living in a townhouse with a mortage of aroound $400,000 i think and our bank says it will take 28 years to pay off, while were paying $1,200 a fornight + the strata payments there is also another home which is better then the townhouse with will have me paying 1,000 a…
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How easy is it to rent out current house and buy a new one?
Now this may be a stupid question so apologies but we would like to buy a new bigger house and in an ideal world would be interested in renting out our existing one rather than selling it. Whilst I like the idea I have no idea about how this would really work in practice and what the pitfalls are. Essentially our existing…
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solar pannels
We've just recieved a letter off the council offering to install free solar pannels, in return we get free electric, and they make a nice profit. What i was wandering is if we did install this how would it affect our houses value, as if it would reduce the value it's not something we'd want to consider.
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Nearing completion...smell a rat
We have had plenty of drama in relation to selling our old house and buying the one where we are now. We were due to exchange and complete simultaneously back in May but then it all fell through last minute as it turned out our buyer's buyer was not infact the cash buyer they purported to be and there were two more people…
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Help! Landlord went mad during checkout PT2
Hello again all, I posted a thread a little while back (cannot link as I'm a new user -the title was "Help! Landlord went mad during checkout) I waited 10 working days and then spoke to the letting agent who advised me that as they did not manage the property they would have nothing to do with the deposit. I spoke to The…
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Advice on what to do next please re: offers
Hi, At the weekend i viewed a 2 bed semi that i really like. It's up for offers around 105,950.. The area is the West Midlands The one neighbour bought their house last november for 85,000, and the other neighbour bought theirs december 2009 also for 85,000. The house i viewed only looks like it has a porch and…
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Any advice or thoughts welcome
This is my first timid adventure into this and I'm not exactly sure what I'm doing so please be patient. I'm 55 and haven't worked for over a year because of depression. My husband is working 6 days a week to keep us afloat but its starting to affect his health. To take the pressure off financialy we're considering buying…
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How does this work?
Got this in my email today, how would it work? Build a cashflow positive property portfolio with just £20k. At a recent workshop one first time investor commented that he would like to grow his portfolio but that he had simply run out of capital for deposits. We were surprised when looking round the table to see how many…
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Wrong Board - pls delete
Please delete.
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Head versus heart in property decision
Just wanted to ask for some thoughts/perspectives. Been looking for an investment property for some time, the first one I fell in love with offered, gazumped, agreed asking price, survey, then the vendor changed his mind. The second property I never really liked but kept thinking it is an investment you don’t have to like…
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Renting - Negotiating rent increases
Hi, My partner and I would like to stay in our rented flat and we've been told we are excellent tenants, but was wondering how to negotiate rent increases. We understand that all private landlords will always want to increase rent and we are happy to accept some kind of increase but how do we go about playing our cards to…
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Buying and selling
Hi long time reader first time poster :j After a bit of advice and guidance. First off I'm looking for advice on selling. My brother is buying my house. Him and his girlfriend have a combined wage of about 26k (she works part time and looks after their 2 kids). Would this be enough to buy my house (selling at 110k and they…
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House buying advice please!
I am writing to hopefully get some advise quick regarding buying a house in scotland. My friend has put an offer in to a house (fixed price) and some else put in the same offer with exactly the same conditions on theirs but half an hour earlier. The sellers solicitors has advised the seller that they HAVE to accept the…
