-
Best Approach to negative equity?
ok... been looking at options, and just wanted some of your guys opinions again if its not too much to ask! not sure if this is the correct board, appologies if its not! in the first instance of sorting our negative equity would it initially be better to: A) just overpay the heck out of the mortgage from the word go B)…
-
Power of attorney
I am acting for my hubby re the sale of his Mum's house which he inherited. I have a registered Power of Attorney from Office Public Guardian to act for hubby. The solicitor has insisted on making a new Power of Attorney out and I do not understand why unless it's just another extra expense I will have to pay for. Any…
-
Advice needed re: rent arrears/deposit dispute
Hi, Me and my partner moved out of a house we were renting in February this year (it's been just over 4 months since we moved out) and yesterday we both received an E-Mail from the agency reminding us there were rent arrears of £541.75 still to pay.. Bearing in mind the agency convinced mydeposits that they were entitled…
-
New Tenancy - Causes for Concern
Hello Myself and three friends signed last week on a four bedroom house, that we had all been impressed with at the viewing. At the time, there was clearly work still to be done, but the place had a lot going for it, including an incredible ice making fridge/freezer combo, refurbished kitchen and other white goods. We made…
-
Change of Agency!
About a year ago the local Agent sold out to Countrywide. We had never signed a new Contract with Countrywide. One of our 3 Tenants moved out and the new one via Countrywide moved in today and we have been given a Countrywide Contract to sign. As we are unhappy with Countrywide and are looking for a better Agent, do we…
-
Valuation is lower than the offered price. Your opinion please.
[FONT="]I have got valuation and home buyer report from a chartered surveyor. It is pointed out that: Some parts of External wall, Roof covering, Inside walls and partition, Floors is given: Grade 3 Note: Grade 3= Serious defect and need to be repaired. Grade 2 = Defect need repairing but not considered serious Grade 1…
-
What's left before exchange
I feel like we're close, but dunno whether I'm just being optimistic! So far we've had a HB survey done, a mortgage valuation done and the mortgage offer through, the Environment Search and Drainage Search have come back. Tomorrow we're posting back to our solicitors the Contract, Transfer, Mortgage Deed and form and Land…
-
Mortgage retention advised... help please
Just after some advice after getting the mortgage valuation report. Basically the valuer advised a retention of £1,550 for urgent works/repairs but then doesn't actually list any? In the 'urgent repairs for mortgage purposes' section it just says 'advise a specialist damp and timber report'. I'm also confused because all…
-
I hate greedy greedy Letting Agents...and their fees!
I know this isn't anything new but we're going to view a rental house tomorrow (and hopefully put offer in) - the letting agent today advised me that their admin fee is £400 for two people! £400!!!! I had a fee of this size tried on a few years back in Wandsworth by two cowboys pretending to be estate agents and I told…
-
FTB - Mortgage Application - Car loan not in my name
Hi Guys, Need some advice. Myself and OT have just had an offer on a house accepted. I rang up the building society this evening to progress with the mortgage and they went through the affordability check with me based on salary and monthly outgoings etc. However after going through the affordability check we have found…
-
Solicitor sent passport/documents to wrong person.
Hi, As the title says, I sent my documents etc to the solicitors who have told me that they have sent it back to the wrong person who hasn't received it. Bit of a hassle for me to reapply for a new passport but they've lost my basic evaluation too. Is there any advice you can give please? I know I shouldn't have sent…
-
Will buyers get a mortgage on our property??
Desperately seeking advice please! My husband and I have just put our leasehold flat on the market, it's a newish build (2006) and is one of nine in a purpose built block. We have, however, just found out that the lease for the entire block is being held with HM Treasury, because the builders went bust a while back. I am…
-
Getting a contract with new name
I have recently changed my name, and had the rent increased. And the Assured Shorthold Tenancy Agreement expired almost two years ago. My landlady refuses to draw up a new contract with my new name and new rent price. How can I get a new contract? She also just told us by email about the rent increase and did not use the…
-
Confused - purchased flat with new lease but only 98 yrs
Hi all, I completed on my flat on 22nd March, as part of the sale the vendor extended the lease to 99 years. The 10grand or so, came from my purchase with a mortgage. The lender would only lend if it had 99 year lease and this is shown on the offer. The sale was done, and the other day I got my deeds in the post. On it it…
-
Leak in next door affecting inner wall
I bought a damp meter to test caravans I'm thinking of buying, and thought I'd test the walls in my house. All fine except for one wall which went to the maximum the tester thingy could go to. On the other side of this wall is the neighbours shower. Any idea where I go from here (apart from speak to the neighbour)? Should…
-
How difficult can it be to buy with cash?
Have been searching for the right house for 6 months - due to specific requirements in my family relating to disabilities it has been a very difficult search. Found a fab house the other day, viewed it earlier today and discovered there were block viewings -2 others after us and more tomorrow and no doubt at the weekend.…
-
House survey issues
I have just had a survey carried out on a property that I was going to buy and its come back with the following issues: Roof isn't felted (surveyor said that this could leak in driving rain) Wood worm in roof space No drain cover around property - surveyor thinks that neighbouring property has been built over it Artex -…
-
Mortgage valuation recommends damp and timber report - advice please
I'm currently trying to purchase a grade II listed cottage and I fully expected the mortgage application to come back recommnding a damp and timber report be done. The lender wants this done. This has been booked for next week, but I was just wondering what the potential outcomes and actions would be. For example if works…
-
Really bad experience with estate agent :(
Let me start with some background info :) I own a flat in London, and lived there for just under 2 years before I got a job in Colchester (where I am originally from). I put my property on the market in March, and moved back to my parents temporarily whilst I waited for my flat to be sold. I am getting married in December…
-
Rental House - Guttering - Whose responsible?
Afternoon all, Just a query :) I rent a house (detached)... The guttering around the roof has filled up with moss, etc which would happen over time (years)... I have rented the house for 10 months.... Moss bits/clumps keep falling to the ground, and when raining (which it does a lot!), the water tips over the side as such…
