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Offer rejected....
So ive found a house i really like, its repo and was advertised for 79950. Offered 70000 offer weekend, been rejected as they have a higher offer although no idea what the offer is. What is your advise? Wait till its public notice the offer or what....really like the house! Cheers Craig
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Buying freehold at same time as buying house
Hi all, We're buying a leasehold house (mid-terrace) and have been doing some reading about the freehold. Am I right in thinking that if we buy it as is, we have to be in the property for 2 years before we're 'eligible' for buying the freehold? We're buying for £160k and have asked the solicitor to find out how much the…
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Austin and Wyatt High Charges on Missed Appointments
I have just received a £60.00 deduction from my deposit after renting a house for over a year. I missed two appointments when they came to inspect the property, so they have charged an admin fee of £30.00 each. OK I shouldn't have missed the appointment, but I object to a £30.00 admin fee for what exactly? I just think it…
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N5b
Hi Does anyone have experience in completing an N5B accelerated possession form please? Thank you
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Lease Extension - Rights of First Refusal
Hi All Would appreciate any ones advice or help here! :) I am in the process of selling my flat, and have told my buyers that I would renew the lease in the meantime. It is low at 73 years remaining, and I pay £50 ground rent annually. The flat is being sold at £112k, and my freeholders are quoting me £8,000 plus legal…
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MSE News: House sales down 40% since boom
"House sales have plummeted by almost 40% since the peak of the boom five years ago, says RICS ..." Read the full story: House sales down 40% since boom
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Length of time in UK to get a mortgage
Just as it says in the title really, how long does someone have to have lived in the UK for in order to get a mortgage? Would 18 months be long enough if they have their deposit?
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Advice on moving costs
Hello, I haven't done a house move for many years so am completely out of touch with costs. Can anyone help with the following? 1) What kind of percentage should we be negotiating with estate agents? 2) How much roughly should we allow for removals? (From a modest four bed to a three bed home) 3) Should use use online…
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Victorian building...being a freeholder helps?
Hi all Am offering on a Victorian maisonette in zone 2 London. It's being sold as leasehold with very long lease, or share of freehold: seller will do either! The seller is a property flipper who got the whole townhouse cheap this year (probate sale) and is selling the 3 individual flats at profit. I doubt he'll make a…
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Problems with our new Private Rental
We moved into a house last month. Since moving in we have found the following problems; 1. The washer/Dryer does not work. Dryer nt at all and washing machine is temperamental example put it on a 30 wash and it does a 90!? It does not take detergent from drawer you have to put it direct into wash. 2. Oven looked clean…
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Landlord with tennant dissapeared, when can I move on (Scotland)
Please if anyone could help me here I would really really apprecieate!! To start with I am in Scotland, I know the laws are different slightly. Ok, so I have been renting out my flat to someone on housing bennefit for the last three years. I have had my doubts before as to what he has been up to before, but the rent has…
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Buying out a share of a house in negative equity
I posted this same thing earlier, but want to change the math on it and unfortunatly make it even harder: I bought a house with a friend for £215,000. I put down a £50,000 deposit, leaving a £165,000 mortgage which we split 50%/50%. There is now £150,000 left on the mortgage. The house is now worth around £110,000. My…
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Subletting shared ownership property.
My Bf owns 40% of a shared ownership flat with Flagship HA. I live with him and we have custody of my 3 children 70% of the week, the rest they spend with my ex,their father. I have a council tenancy still with my ex but had to move in with Bf as my ex wouldn't move out and i couldn't see a way forward. I've now found out…
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Really Struggling - Advice Welcome (quite Urgent)
Hey all, I'm new on here but I have viewed this forum many a time for other issues and had really good advice, however I can't seem to find any posts detailing something similar to my situation so if anyone on here can offer any advice that'd be greatly welcome. So, here's the story. Last year I was a student in Leicester…
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Accepted offer Wednesday - when should we hear about survey / pester EA ?
Hi We accepted an offer on the house on Wednesday, when do you think we should hear about they survey ?? The buyers are already half way through selling theirs and we already own our new house so just waiting. Will the first thing we hear be from thier survey guy ? Or will our solicitor contact us ? Sorry never sold before…
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Deposit Safety Scheme Exemption??
Hello, I recently moved out of a 1 bed flat that I lived in with my boyfriend whilst we were both at uni. It was a uni managed property; the uni was essentially our landlord. We paid a deposit when moving into the property and are now having difficulties with being charged for damages we didnt create and are disputing…
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Move now or keep saving??
I'm looking for some much needed advice as we are going around in circles! I own a small 2 bed semi and my boyfriend moved in after a year of buying. We've been here 5 years and are out growing the house fast. We'd like to move but have so many "what if's". Firstly I have credit card debt, just shy of £10000 ( all interest…
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Urgh housing options as end of pregnancy looms!
Hi there, Just wondered if anybody had any advice really. Me and OH have rented our current 3 bed property for 5.5 years and need to let LL's know if we intend to renew soon. I am pregnant and we have an almost 3 year old little boy. I'm part time employed, OH is self employed (but income is very unpredictable at the mo)…
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URGENT - Solicitors fees
Hi, I am seeking some indepedent advice. After recently purchasing my first home, I was contacted by my solicitor today, who informed me that he had made a miscalculation on his fees and that I owe an extra £300. I received my solicitors bill well in advance of completion, and was told that I had to pay it prior to…
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Buying out a share in a house in negative equity
I bought a house with a friend (50%/50% split) for £165,000. There is now £150,000 left on the mortgage. The house is now worth around £110,00. My friend now wants to move on elsewhere and has asked me to "buy him out" Im a bit confused with it being in negative equity and still having a big amount left on the mortgage as…
