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Renting out!
Hello everyone. My parents died six years ago. They owned five properties (I am living in one, my sisters are living in another) that they used to rent out- but nobody has really been in them since they have died apart from the odd couple of times a year when family have stayed and friends have visited from abroad. The…
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Boiler "At risk"... Can i still rent the house?
I bought a house a year an a half ago. I have an energy performace certificate from a few months before perchase stating that the boilers performance was "good" (Ratings can be listed as Very good/Good/Avarage/Poor/Very Poor).. Due to circumstances, I’m now looking to rent the property. However, the British gas Homecare…
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Ongoing issues with landlord
Hi, Hope someone out there can help. 4 years ago my wife and kids rented a house through an agency. The only thing my wife didnt like was a nasty looking bathroom and the only thing that bothered me was the fact the landlord had filled the garage with junk before we moved in. All was going well then after 6 months my the…
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Deposit advice please?
Hoping somebody can help me? Myself and hubby have rented a house for 5 years and we were issued with a section 21 notice a couple of weeks ago as landlords situation had changed and he needs to move back in. Letting agents were really sympathetic as landlord has been a bit of a pain for them, and need to be out 10 days…
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informal completion date moved again
good morning all, looking for advice on how to handle a situation re purchase. answers on a postcard please :p Originally due to complete at the end of May on purchase of a house. the agreement was informal and between ourselves and the vendor. This didn't happen as she didn't realise her son had exams around this time and…
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Council house joint tenancy
Sorry in advance for the long post! Right, i split from my partner of 13 yrs with whom i have a joint tenancy with Babergh council. I met someone else while i was still living with ex and he has a shared owership property. I have 3 children with my ex and after we split it was obviously very difficult with me having a new…
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Shared Ownership sale percentage fee
Hi, newbie to the site here! Just an enquiry. We own 25% of a shared ownership property and we are in the process of selling it. The Housing Association charge a 1% (estate agency fee) upon the sale of the property. For example, if a property is worth £200,000 and we own 25% of it, we own £50,000. However, when you come to…
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Victorian building...sub sale!
Hi all I've just been posting on my potential purchase of a Victorian maisonette in London, re whether to acquire share of freehold. But the plot thickens... Looking at the legal docs, it's a sub sale. The vendor doesn't actually own the title: he's exchanged on the building but has yet to complete. This may scupper my…
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My solicitor is ignoring me!
This is a rant really. I'm buying a house, and last week I sent my signed copy of the contract and mortgage deed to my solicitor. I emailed her the next day to ask if she'd received them and if she had any idea of timescales as I need to be out of my house by 30th June, so I need to work out whether or not I will be…
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Can I be forced to sell a ransom strip (piece of land)
Hi, First post about houses so please be gentle! ;) We are thinking of buying a new build home at the end of a cul-de-sac, but the developer is keeping a small strip of land at the end of the road for possible further development. The other side of this strip are back gardens of existing houses. They are trying to buy part…
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Buy to let tax implications
Hi, My partner and I are getting a buy to let but are not sure of the tax implications, can anyone help out? Thanks
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Thoughts on a property
I'm hopefully in the position to start looking to buy in the next couple of months (yipee!) so I've been keeping an eye on property in my area.. I keep seeing this flat which to my mind looks a nice clean little property - the odd thing is that its been on for ages and has dropped from 175k down to 160k…
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"Agents warned tenants' unpaid bills can damage firm's credit rating"
Letting Agent Today reported on this one last week The LA in question managed to get their company's credit records amended but it's an interesting article, given that the bills at a property managed by an LA are either the responsibility of the T or of the LL. Source
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The Forge Square Westferry Road
Anyone have ever heard of the development and is it a good deal to buy now? Thank you.
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A serious vent! Not for the faint hearted!
This is not to have a go as any tenants on DSS, as this is the first people I've had a problem with. This is to highlight the problems I've had with these particular tenants! Just got back in the UK from 2 days is Switzerland (which as others know is a weekly thing) and had OH start gutting a 3 bed semi, worth about…
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What happens between exchange and completion financially?
Specifically - when i send the 10% deposit for exchange to my solicitor - who holds that money exactly? I assume it is not the vendors. Let's say there's a chain, and someone is downgrading, they are selling a £500k property to buy a £300k property but they have no money. How do they typically pay the 10% on their smaller…
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Do i have a chance at all
Me and the family will be leaving the army in around 10 months time. I really have to start thinking about housing options at the moment. We don't have anything saved at the moment because we have always felt there would be no chance of getting accepted for a mortgage. I'm in the position now to start putting a bit of…
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Tenancy agreement - is it void?
Hello Can someone please give me some advice I moved into a property in October last year on a 12 month tenancy agreement We are going through MAJOR problems with the estate agents through the dispute service and about to be adjudicated in regards to the deposit. We had alot of problems in the first few months of the…
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Charges for renting, good faith paid
I've recently paid a good faith payment for a flat that was advertised as as having a half price first months rent of £180 and bond of £450 to a letting agency I was told at the time there would be an admin charge but not how much and an application form that i filled in asked for details of tenants insurance which i left…
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Can I get a mortgage on a building I am renovating?
Hi All :) We have bought a property in need of complete renovation. We have started this process with funds we have (new roof, rewiring, re-rendering externally and other works etc). Work is going well and the place is turning into a home. But, as is always the case, funds are getting tight. Can we get a mortgage secured…