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Pay a years rent up front and bargain for a discount?
My girlfriend and I have secured a property to rent at the beginning of August. We both have significant savings and could easily afford to pay a years rent in one go if it was made worth our while. I was considering one of the following, a) asking for a month free i.e. pay 11 up front or be b) asking for the landlord to…
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Can an 85 year old get a mortgage/bridging loan?
Hi For health reasons, my father-in-law needs to move very quickly to a more accessible house. The house he wants to buy will cost £500k. His current house (with no debt) is worth £700k but he won't be able to sell it by the time he needs to be in the new house. The calls I have made indicate nobody is prepared to lend…
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changing solicitors - what do you think?
we have just instructed a solicitor to deal with our property purchase, and today received the paperwork confirming the instruction. however the breakdown of costs on paper differs wildy from the verbal quote i was given. they have added on indemnity insurance, stationery costs etc on top of an already high fee (i was only…
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A bit of renting advice, please
Hi hope someone can help as I feel my friends are being taken advantage of but not really having any renting knowledge I am unsure of what is actually fair. My friends (married couple with kids) had a few financial problems five years ago and were advised to go bankrupt which they did and were discharged a year later. They…
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FTB - Second Viewing
Hello I viewed a house last week and fell in love with it. I am going back for a second viewing tomorrow and taking my parents for a second opinion. What questions should I ask the vendor, and what should I be looking for? My intention, should all be well at the viewing tomorrow is to put an offer in next week - when…
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Selling - how much of a financial hit for a house in need of improvement?
I've never sold a house before. We're looking to move soon to a much bigger house as our family has outgrown our current place several times over. Our current two bed house is not what you would call immaculate, but it's perfectly functional. However, it looks a bit "tired" I would say. We just never got around to…
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Need to replace boiler
I am buying a house, completing Friday. The first thing I need to do is get the very old boiler with tank upstairs removed and a combi boiler put in. I'm researching boilers / companies etc so that I can get people in to quote hopefully next Sat and get it replaced hopefully within a week of completing. I want to get a mid…
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What's in it for LL to manage a property through an agency rather than directly?
I know the agency plays games with me, but equally they don't act in LL's interests (there are examples). 1. Wouldn't the LL be better off by signing a contract directly with me? The property is relatively new, and there are very few things that did go wrong or could go wrong -- both in terms of structure or equipment, and…
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First viewing on Monday!
Hi We have the first viewing of our house on Monday - anyone have any good tips. I'm prone to twittering if i get nervous and don't want to ramble on, but also don't want to miss telling them anything vital. I've never sold a house in my life & when i bought this place i just walked in fell in love with the view & bought…
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Mortgage for work needed to be done to property
Hi, Im trying to buy a house that needs some work doing, new kitchen, bathroom and some replastering (been rented for years so not been very loved). I've managed to get a quote from a builder but probably need £8-10k extra than I've got in money set aside. I've got a deposit of £30k and think they'll accept £190k, will I…
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Renting Question
My husband and I are about to relocate to another part of the country for family reasons. We will have the equity from the sale of our house but neither of us have found jobs yet. We are obviously going to have to rent for a while and we are fully expecting to have to pay 6 months rent plus the bond up front. My question…
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Got keys - Boiler issue
Hi just looking for some advice. Got keys to new house on Wednesday and in with them was a fuse and a note from the previous owner explaining the fuse had just blown in the heating switch. Plugged new fuse in and everything seemed fine. Then on Friday morning the new fuse blew again so ok maybe just a coinceidence. New…
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Had to apply to live my partner in rented accom. bad credit
Hi, I have recently moved in with my parnter in his rented house. This house is being rented from a rental agency and he has been with them for 2 years. We have found a bigger property we want to move into and have contacted the agency who have advised that I need to be on the agreement, as if one of us moves out, they…
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Sole agency contracts and estate agents
Please help!! I have stupidly entered into a 20 week agreement with an estate agent on a sole agency basis. Does anyone know if another agency even introduces a potential buyer during this contract period, I will be liable to pay the first agent's commission? Even if the contracts are exchanged after the contract period,…
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Buying at Auction
Hi there I am thinking of bidding on a couple of places at auction. The main reason being is that I want to pick up a place relatively quickly and possibly get a bargain. Now, I am aware that you buy this 'blind', however is it worth getting a survey done before hand? I will need a mortgage(a small mortgage of 50k I have a…
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Parents lending deposit for 2nd house payback loan via rent?
I am currently looking to buy a second house. I have been looking at the possibility of getting a Let To Buy (LTB) mortgage and rent my current house as per normal and get a 2nd mortgage for the remainder of the price of the new house. However, there is a possibility that my parents will rent my 1st property from me and…
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Private landlords
Does anyone know of any websites that private landlords list on? We are looking to rent, but agents fees etc are so high! The local newspaper is one option but just wondering if there are online portals I can check where private landlords would list their homes for letting. Thanks
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Part exchange process
Here's hoping I'm not asking a question that has been asked before or one that's really dumb!! We are interested in part exchanging our house (110%) for a new build/show house. We have already had 3 EA's value our house which have given us one valuation of 100k and two valuations of 110k, at 110k we would be looking at…
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Reasons for "No DSS" in most private let's??
I understand in some cases, the owner's insurance/lender won't allow a property to be let go a tenant claiming housing benefit but this can't be the case in all let's. Would it be still be a blanket "no" if someone was working part-time, on their own with a young child, therefore claiming only partial housing allowance?…
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How are 'deposits' /down payments paid/transferred from customers to the lender??
If you want a mortgage, and are giving your 10-20% deposit/downpayment to the bank then how are these usually transferred from your bank account to the mortgagte lender? what are the all the common options, to trasnfer these funds from the bank account to the lender?
