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Trying to sell a "let out" Flat - viewings with tenants in place
Hi, We have a flat which we have let out for a couple of years. We've had it on the market for sale in the last few months, but with no real interest. The current tenants agreed to viewings but they are now leaving. We are looking for new tenants and would like to continue trying to sell at the same time. What is the best…
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leaving rented flat partner refuses to pay half of outstanding bills
Hello can anyone please advise me what to do. Me and my ex partner were renting a flat for six months. We have decided to separate and he is now refusing to pay his half of any outstanding bills. The bills are in both names. Am I able to pay just my half?
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Has anyone had any experience with Letting from Jaymans estate agents?
Hi all, we are to vacate the property we are in at the moment as the landlord has passed away and the family want the house back to sell, we found a (kind of) suitable property, although a bit small, it's nice and is close to school, work and family. The property is being let by Jaymans estate agents, we already feel as…
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Letting agent harassment and unusual contract terms
Hi, we have been left on a "rolling contract", as it were, as our fixed term contract expired about four months ago. The letting agent has visited and started to make outrageous claims about the state of the walls claiming that it will require an entirely new professional paint job (interior only). Our deposit is protected…
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How do I calculate how much rent I can afford?
Hi! I have a simple question: How do I calculate how much rent I can comfortably afford? I will be renting alone. Are there any good pieces of advice or unwritten rules about the percentage of income I should spend on rent? I also assume this question isn't independent of how much I can afford to spend on bills. Any…
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What is the issue with gifted deposits....
I have read on here lenders don't like them - why? The only realistic chance of me (soon to be ex BR) and fianc! (ex IVA) ever getting a mortgage is a whopping great deposit. I get and understand why that is so I've no complaints. Our choices are: Wait until my mom dies and I inherit - his family have no equity Or - my mom…
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Buy to Let?
Hi I am considering coming out of my pension to do buy to let. Has anyone got any advice on buy to let? I would need to save up a deposit first do I need a certain %? I would consider using a letting agent as would want it to be low hassle. Any advice would be great. Thanks Katty
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Just had an offer accepted...what next?
We're chain free, as are the vendors. It's quite an old house, so planning on having a full structural survey. Solicitor said wait until we have a draft contract and deed of title before arranging survey. Is this necessary, and how long should it take before we get that? Also need to arrange mortgage, but don't want to pay…
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No inventory ... Deposit back, after six years?
Hi! I have moved in my current flat 6 years ago. When I moved in the agency who managed the flat thought the landlord would manage it. So they just gave me the keys (I collected it them from the agency) and nothing else. They did not even came to the property with me. Six years later I am moving out. Today, I have received…
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Contract Purchase Price - Solicitors Messing About
I've made a few posts previously about a sale of a property from a estate, of which I am an executor - along with 2 others. A beneficiary of the estate is buying the property, and it has been agreed that they will pay the asking/market price (£190k) less their share (as a beneficiary). So the amount payable is £166.25k…
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selling house - when to start worrying? UPDATED x2 (pg. 3)
Put our house on the market at the beginning of June. Had no viewings yet, but I knew it could take quite a while as the location is not great. Still, when should I start worrying and/or make changes? I wish I'd seen some of the MSE threads before the EA came to take the pictures...... UPDATE right ok, I'll be brave as I…
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How much should I offer?
Hi, I have just looked a property for the second time and was considering making an offer. However, I am not sure what to offer as this property has been on the market since Feb this year and has already been reduced from 65k to 60k.(2 bedroom/tiny rooms/20 years old/west mids area). I was thinking of initially opening at…
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Money Laundering checks
Because I'm buying a house, I have to prove my identity to the solicitors as part of the money laundering regulations. As my solicitor is 300 miles away, they have said I can visit a local solicitor who can do these checks on their behalf, does anyone know if they usually charge for this service and if so how much will it…
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Shared Ownership - Options for Neg Eq property?
OK, bit of a long story. My partner bought a Bellway property on a Shared Ownership scheme just as we met and just before the crash. The value of the property was £159k at time of purchase and on a 60/40 split between my other half (60) and Bellway (40). A few years later and we are now living together and this one bedroom…
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Been served notice from my landlord.
Hi, I have had a row with my estate agents as I have been waiting months for some repairs to be done to the house. The landlord also promised to have the ridiculously high trees surrounding my house chopped down and has done nothing, so when last months rent was due I stopped the standing order and told them to sort out…
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How Long To Give It?
Hello All, We've had our small, 2 bedroom end terrace house in a wee cul-de-sac with allocated car parking on the market for roughly 3 months. Houses in our area are popular but there is also a fair amount of competition at the moment. With this in mind we priced our house at 99,950k, which is substantially less than…
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Estate Agent Charging Me for Moving Agent - HELP!
Hi I put my house on the market a few months ago with a local estate agent. They charge £400 up front and £400 when they sell the property. Since I paid them they have done nothing apart from putting the house on rightmove. We get no upates and have only had 3 viewings. After the last one I called them for feedback, to…
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Tax deductible expenses on letting our house.
Looking for some advice please on what expenses are tax deductible on our rental income from our old house. We moved house almost 4 years ago and have been letting out the original one for most of that time. The house is in joint names of my wife and myself. We have filled in tax returns for each year we have been letting…
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Help with pricing new kitchen, bathroom etc.
Hi, We are planning on buying our first house and have found one in the right location that we like but it needs updating and we aren't sure how much of our deposit to keep back to do these things so any advise would be great. Before we move in we would like, New kitchen 2.90 x 2.80m (we have appliances) New bathroom 2.50…
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Offered for flat - 2 weeks and still waiting answer
Dear all I have offered asking price for a flat in a popular area of north London. Looking at Land Registry prices, I've found that other 2 bed flats in the same block (it is in a gentrified ex-LA building) have gone for 130, 140% of this price that this flat is listed at. Consequently, there seems to have been a lot of…
