-
Soon to be first-time-buyer: buy cheap or spend a little? Your view?
Basically my gf & i live with my mum & have done for some years in order to get a sound deposit together. We both earn a similar amount each month. To be honest i probably dragged my heels for a while because living at home was really enjoyable, but i always wanted to have a sound deposit together before moving out (back…
-
HomeBuyers or Full Survey
Hi I realise that similar questions have been asked before but I couldn't find a thread that matched our property details. We're buying a 3 bed terrace built in 1950. It's an ex Local Authority property. It seems to have been well maintained but I know that the current owners have been there around 15 yrs and haven't…
-
Credit rating for renting
Hi, I'm recently going to finish paying off a Debt Managment Plan and am also looking to rent a flat with a friend. I'm moving out of parents so have no rental history elsewhere and my credit score is poor due with late payments on loans etc.. hence the DMP. I will be comfortable with rent payments and deposit, having no…
-
Estate Agent Playing Games?...
Hi, We made an offer yesterday of £115,000 on a property up for £125,000. We were told at the time that there had been no previous offers. However, I got a call today to say that although she had been unable to contact the vendor as he was away until thursday, "from previous offers they have received, they know the…
-
Ending tenancy early, is this right??
Hi all To get to the point, we are leaving our current property on the 30th June and the new tenants are moving in the following weekend.As our tenancy agreement was due to end on the 29th July and were are leaving early the landlord is requesting we pay right up until the day the new tenants move in. Are they allowed to…
-
Buying - is it just the legal stuff now
We had an offer accepted on a property 2 weeks ago. We've had our mortgage offer and we've had the homebuyers report which we're happy with. I've got a satisfactory quote for buildings insurance already. Is it just the legal stuff now or have I missed something important? If it is just the legal stuff this is all happening…
-
Housing benefit when paying 6mths rent in advance
Most of the private landlords in my area don't accept tenants on housing benefit. Although I am in the position of having fairly substantial savings, and a guarantor in case things go wrong, I have had more than one possible tenancy fall through on this issue, because my current lack of a fulltime job means I would be…
-
Trying to buy a newbuild
I am in the process of looking in to buying a new build, was hoping to put mine in part exchange but doesnt look like its going to happen Anyway its on the market and the house builders want us to change agents, put the house on for a lower price, they will pay the fees and give us 3k off the asking price as well. If it…
-
Rat Bag Landlord
Hi, Just wondered what your view is... I live in a two bed flat (alright area and nice enough flat) and pay £395 a month in rent. Because the "ratbag" let junkies move into one of the flats, no one wants to live here anymore. Theres twelve flats in total, 6 rented and 6 lying empty and now she has the nerve to advertise…
-
Buying House without Building Control Approval for loft conversion
Hi all, we have found a property we are interested in, had an offer agreed and it has since turned out that the loft has been converted without Building Control approval. The vendor or estate agent have not been upfront about it and tried to get away without disclosing the information. The asking price does not reflect…
-
Anyone live in Glossop?
Hi Me and my boyfriend are going to be moving to Glossop, renting first while we look then buying in either Old Glossop or Simmondley or one of the nicer areas. I was just having a look online where I was quite shocked that some people were saying bad things about Glossop, saying that some unsavouries hang around at night…
-
Freehold House with Leasehold Garage
I bought a house some two years ago from the builder and with it came a garage that sits separately under a coach house. As the garage is under a coach house it is deemed as leasehold and came with an covenant which says I need to pay 18% towards the building insurance of the owner above. Now it has come time to sell the…
-
Flat purchase .. restrictive covenant
I'm considering an offer on a flat and grabbed the entry from the land registry website as matter of course. Couple of entries refer to restricted and mutual covenants, any idea what these mean? Or is this a job for the conveyancer? B: Proprietorship Register This register specifies the class of title and identifies the…
-
Building insurance before exchange
FTB hoping to exchange next week. one of the conditions of my mortgage is to insure the building before exchange. Is this just normal buildings insurance or a "special" kind especially for this purpose? Will i be able to insure a property that i do not technically own until a couple of weeks later? I would be grateful for…
-
Housing Assn not dealing with our complaints
Posting on behalf of MIL/FIL. They moved into a Local Authority GF Flat last October after FIL was left unable to walk following an operation on his back. The area they moved into had always been for those over 50 or with disabilities. Everything was great until January this year when a new tenant moved into the flat…
-
Mid Mortgage Application Stress!!!
:eek: So....sale agreed a property, had a mortgage promise of 99,700 but only need exactly £77400. I was told that my student loan repayments wouldnt matter as theyre taken in the deductions but NOW that Ive moved to application stage and paid all fees theyre tellling me that with my student loan repayments they can only…
-
Offers around £135k... reasonable offer?
I've viewed an apartment on the market at 'offers around £135k' and really like the place. It only came on the market last week and there's currently an offer for £114k. What would you offer in this scenario? I'd considered an offer of £120k but, if I do that, I'm worried that the other bidders max offer would be £125k…
-
To Sell or Let?
Hi Folks, Quick summary of my situation is, i owned my own flat which me and the other half stayed in, we saw a house we loved that was on for a rediculously low price and bought the house while still having the flat. (we had deposit and got mortgage without to much hassle even though i had the flat mortgage) The intention…
-
Lost Leasehold Agreement
Hello, I used to be a registered member but I haven't logged in for a long time. In 2007 I was a first time buyer (with my brother) and bought a 2 bedroom leasehold maisonette with a share of the freehold. I was sold the maisonette on the basis that it had a 999 year lease from 01.01.1971, that is dated 10/11/2003. I have…
-
Share of Freehold vs Share of space
I live in a property with 4 flats. We have the largest share of the freehold - (36%). All flats store bikes in the hallway and the space is getting a bit crammed. We are therefore working out a quota per flat. Do we have a larger quota as we pay the largest procentence of bills and own the largest bit of the freehold?…
