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What's acceptable to take with you?
We are *hoping* to move into a new build property. The developers, Morris Homes, are buying our current house off us in a part ex scheme. I'm planning on stripping our current house bare when we move. Even if it means flogging it all on ebay. What they are offering us for our house is a bit lower than we would have hoped…
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shared ownership and extending the lease question
Hi, I'm about to buy a 50% stake in a shared ownership flat. It has 93 years left to run on the lease. My questions are; Would you consider that a decent amount of time to buy a flat at?(I might sell in 5/6 years time) Is it possible to extend leases on shared ownership properties? Thanks a lot Raf
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Buy solo or with spouse
Hi all I have had an offer accepted on a property and mortgage approved in principle however the bank wants the wife to sign a letter of declaration stating that she has no financial interest in the property. I applied the mortgage just in my name as the wife stays at home to look after the young ones. I just thought that…
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Results of building survey - what to do next?
I would really appreciate any advice on the results of our building survey. The property is grade ii listed and was built in the 1850's. It is an end of terrace house with a small outbuilding which has been converted into an office and a larger outbuilding which was what we believe was former washouses and has been in a…
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Survey or not of a flat?
We are thinking of buying a top (3rd) floor flat in a fairly recent development (2003). Is it worth having a survey? How about searches? Are these necessary for a flat built in2003? Thanks, Dikar
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Council Tax Court Summons
Hello there, I have come to this forum as I know its the most popular one on the internet that deal with these kinds of matters and I know theres a lot of knowledge here! We would really appreciate some help. Me and my partner really need some help please. We moved into our rented property on the 1st feb this year and have…
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Letting Agent as useful as a chocolate hat
I live 400 miles away from my house which I have rented out with an agent for 3 years. I am in the process of selling said house and the tenant has just moved out, so I arrived to clear out the house and get the keys back from the agent. I insisted on checking the inventory before she left and found a whole list of goods…
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Last minute "probate" issue holding up sale..:(
Hi Folks, I agreed sale on a property about 9 weeks ago and at the start the vendor really pushed for a quick sale which we went along with. Now that we have sold our own house and are approaching our summer holidays they have said that they are now seeking probate, we agreed to complete originally around now, to sell the…
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Part Ex'ing new build.. for new build!
Anyone had any experience on this.. Ive been living in my new house for 11 months, its a new build and we were the first to move into it. Bought it for approx 150k. The house next door to us (same builders etc) is larger, its a detatched where as mine is a semi. I think its up for about 240k or so. No one has lived in it…
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Shared Ownership Purchase - Advice Please
Hi, I have in principle agreed to purchase a flat in Swindon on a 50% shared ownership basis. Flat is in a great location, spacious for my needs and although the cost of the flat is a bit overpriced in my opinion, the monthly mortgage/rent/charges/bills were easily affordable. However, today I have received a letter from…
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How long is 'normal' for vendor to find somewhere?
We put an offer that was accepted 5 weeks ago. We aren't in a rush as such. Our mortgage has been offered today for 5 months ending 23rd November. The vendors still haven't found a house or even offered on anywhere. We want the house so happy to wait, however if they don't find anywhere how long do the banks normally…
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Buying a house with no land registry or deeds
I've recently put an offer accepted on a house which was accepted. My solictor gets to work on doing the conveyancing, but it turns out that the house itself has no land registry records and the deeds themselves are so poor that they can't be used. Added to that the previous owner bought a parcel of land to the front and…
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starting out with renting house
:cool:I have one house worth £200k with £150k mortgage. Currently on interest only mortgage. I want to rent this house out and am likely to get £800 pm rent. Would I be best to put house on repayment mortgage or keep on interest only and use income to save for deposit for another house to rent out. I pay tax at basic rate…
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Final stages of LSAP process - how much longer will it take?
Our buyers are funding part of their deposit via LSAP. We are buying a new build, and the developers want us in on 29th June (their year end). For lots of other reasons I won't go into, we are also extremely keen to move on 29th June. From the outset, our buyers and their solicitors have said this date won't be a problem.…
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FTB -waiting for sales contract info from managing company
Hi there I'm in the process of buying my first flat. Its a leasehold ex-council place that is still being managed by an arm of the council. I've been awaiting the sales contract from the vendor. This was eventually recieved by my solicitors at the end of last week, but we cant proceed at the moment because nothing has been…
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Should I contact valuer or wait??
Hi everyone 1st time poster but long term Lerker. We are currently in the process of buying my partner out of her share of their inherited property. All the searches came back fine at the end of may and then last week we receive one of the searches (an exact copy of one we already have) it mentioned that because of an old…
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Land registry dispute
I bought a leasehold flat more than a year ago. The flat had a designated secure parking space. At the time of purchase I signed the parking plan showing my parking space in red. But when I recieved the lease and later the title register from my solicitor, the lease didn't have the parking plan attached to it, and the…
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When should searches be initiated?
My solicitor received my search fees two weeks ago but hasn't initiated the searches yet. Does anyone know when the searches are normally initiated. I'm wodnering whether they're normally done straight away or whether they're delayed until things like the survey has been completed/mortgage offer received.
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Neighbour bought the land which possibly block the only access of my property...
Hi Everyone, appreciated for some help here... My bungalow is situated on a narrow lane between 2 rows of houses (their back gardens), the main access is from the car park of the block of flats at the front where the main road is. Mine is the first bungalow and there are 4 more down the lane. There is a small piece of land…
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When to give tenants notice
I have some tenants sharing a house that I own on a fairly standard Assured Shorthold Tenancy and all have lived in the property after the initial six months. We have to give two months notice if we want them to vacate the property. Do I have to wait until the end of the calendar month to do this or can I give them notice…
