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Estate agent not allowing revised offers
An estate agent in my area seems to work by closing deals very quickly and not getting back to interested buyers in order to have their offers raised. Seems that one need to make an offer very fast and be right first time. And I'm not talking about very low offers: Happened with an offer for the asking price and no chain…
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Rent a room schemes
Hello all, First time posting so apologies if this has already been answered previously. A couple of questions: 1. Is it true that only rent is taxed for the rent-a-room scheme, and not utilities (if the lodger pays towards them)? Now, if that is true: 2. Would it be legal for me to have a lodger that pays £354.15 per…
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Letting Agents and "Let Agreed"
I went to view a lovely house to rent last week. It was perfect and I really would like to live there. The landlord, who lives next door, would like to meet potential tenants and then decide who he would like to live there. I received a call last Friday from the letting agent to say the landlord would like to meet us and…
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Quick completion day question
on the actual day, can just one of us be there? We're buying the house as joint tenants, do we have to sign anything or is it ok if only I take the day off work and the missus doesn't need to be there?
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Buying after being in rented aged 50!!!!
I need some encouragement/support...I do feel pretty 'scared' when I stop to think about it!! Seperated with one teenage son living with me Renting for £700 per month-nice little house but just feel my money each month is paying someone elses mortgage and I would really like to put my 'mark' on a house as I enjoy interior…
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Property down-valued by surveyor
I have agreed a price with the seller, - solicitors instructed, mortgage applied for and has been accepted, however, the mortgage lender's surveyor has valued the property at about 6% less than our agreed price. I have now asked the obvious question to the EA, - ie, will the seller accept the 10% reduction and i am…
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selling house with out an ED
Hi I am looking for some advice. I know someone who wants to buy my house we have agreed to sell without a ED. She has a mortage in the house she shares with her friend. So one of them is buying the other out and buying mine. What is the process of this? I just want to check we are doing everything right. Thanks
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Valuation less than original agreed price
I've had my property on the market for 6 months now but just over a month ago we accepted an offer. The price agreed is 15% less than what it was was originally up for, this being based upon the average valuation from local estate agents. Since accepting the offer the buyer has had their own personal surveyor come out to…
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We Buy Homes Fast - scam?
Alot of hand-written signs have appeared in my town saying "We Buy Homes Fast" and "we pay full market rates", "any location, any condition", accompanied by a mobile phone number. I'm assuming this is some sort of scam as I can't imagine anyone in their right mind would sell their greatest asset to someone who only…
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Becoming a freeholder
If you wanted to buy the freehold on a property (any property) in order to generate an income, how would you go about it? And how much would it cost?
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Survey 5 yr old flat - is it worth it????
Please will give your opinion on whether it is worth having a survey on a 5 yr old flat. Only a small amount of the value of this place will be on a mortgage, approx 35%. Estate agent says no need and doesn't think lenders will bother either. Thank you.
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Rights of Way to my property
Hi All, Please excuse me if this is in the wrong forum. I have a public house which has a rear delivery entrance through the driveway of an estate agents. We have right of way which on the title register charges section states: " together with a right of way for all purposes as now used and enjoyed over the yard or open…
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Bug home - extension without history?
Hi All, I've looked through a few similar threads but thought I'd post my particular situation. Buying a detached house which the current owner has owned for 20 years. At some stage the property has been extended but the vendor has advised this was done before they owned it. Obviously our concern is what if at some stage…
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Would this offer be satisfactory?
4 bed detached property is on the market at £295K. No upward chain - we think the person has gone into care or died but estate agent will not give anything away whatsoever. House was built mid 80's and has original decor and features in the entire house. The whole interior (every room) would need completely renovating,…
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Company registered to my new flat
When moving I noticed an awful lot of business mail addressed my flat including invoices and delivery reports (the main company is an IT company that delivers equipment). The billing address is always my flat. I have no relationship to the company and have never heard of them. This has me very concerned epseically in terms…
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What % does smoking lower house price?
I can't stand the smell of smoke and would never buy a smoker's house. I am seeing some good houses at good prices but wondering if they all belong to smokers.
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Home buyers report
can anyone assist with the minefiled that is the home buyers report - seems to be a massive estate agents rip off. i've been informed (and by people on this forum too) that the HBR is 'not worth the paper its written on' personally, when i bought my current home the HR wasn't taken into account and i had to instruct a new…
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Why isn't this property selling?
It's a friend of mine's house. Not even getting any viewings!! Someone told us that because my friend is paying only 1% to the EA, they don't bother to push the sale, - just chuck a photo in the window and forget about it. The EA has said that it's quiet and maybe consider lowering the price. (although it was them who…
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home report
Hi Im in the process of deciding which surveyor 2 choose.the estate agent has gave me at Few options. They range frm 225-450.the cheapest being one company who r not Panel of lenders listed.they say that a buyers lender may instruct their own Survey anyway,so their report is fine.any thoughts?. Im in scotland
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absent freeholder
I have a house which is leasehold and I pay ground rent of £3.00 per year. The freeholder is no longer around and has not collected this for 5 years. I am now going to have to take out indemnity insurance so my remortgage can go through, but what happens as the solicitor will not be able to serve notice to the freeholder…