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Bidding war- what to do next?
I am stuck in a bidding war with another buyer and I am now currently deciding what to. The house is a repossession and was sold in 2007 for £110,000. The initial bid started at £115k and its current bid is now upto £123k Next door's house was owned by the same person again a repossession and it sold for £125k in July this…
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thinking ahead for a change
Hi wondering if the figures might stack up in our favour for once? my daughter has gone off to Uni and we are paying her accommodation fees in Halls of residence (£5000 pa) - which seem extortionate. Next year she will have to move into rented accommodation which we will continue to have to pay for for at least 3 years. It…
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Is the market overpriced .. what should I pay
Hi there I have read from a number of sources that the market is a little over inflated at the moment and that I should be looking a t a guide price of 2006 as the marker as to what i 'should' be paying The Victorian conversion flat /maisonette in Surrey I am looking at was purchased by the current owners in 2002 for…
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Royal Mail Post Box in Boundary Wall
We are looking at a house which has a Royal Mail Post Box in the front boundary wall. I know this wall is the responsibility of the owner but does anyone know if there is any legal responsibility to Royal Mail? i.e. if the wall fell down would we be liable for any costs? Current owners are unaware and solicitor does not…
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3rd house possible in our situation?
I own 3 bedhouse a outright worth £160000 and live in it I also own a 2 bed terrace outright worth £100000 and rent it for 545 a month I'm considering renting My house out to move to a bigger one as running out of space my house would rent fir about £700 a month I also havsaid investments of around £200000 which gives me…
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Right to buy prc properties
HI.. I am new to this site!!! I put into buy my council house in 2007 under the 'Right to Buy' scheme. At that time I was given two discounts. One... for being a council tenant (you get a percentage of how long you have been a tenant) and Two...for having a defective house (Airey) (which is of none traditional…
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GE Money Consent to Let
Does anyone on here know what factors effect whether GE money will grant consent to let a property? My other half and I have seen a property we love but I'm not sure we have the time to hang around to try and sell our current place. The rent would comfortably cover the mortgage until we can sell. Any thoughts?
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I need helping knowing the right estate agent to use
I have just started looking for a new property in the south east and i am wondering if anyone knows any good estate agents?
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Freehold Managers Ltd
I have a flat which I rent out. When i purchased it, last year my solictors told both management agents of my address for bills etc. I also phoned them with my details. Freehold managers just have the ground rent £150 a year. I have just recd a final demand from them, threatening legal action for non payment, even though…
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New Build/Refurbished
We recently got an agreement in principle from Nationwide and put on offer on a 2 bed flat. Our broker took one look and asked how recently it had been refurbished. We told him it had just been completed (kitchen & bathroom re-done, attic conversion finished) and he immediately told us we are not going to be able to get…
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Commercial Squatters
An elderly relative of mine inherited an old industrial building. There was a lot of rubbish in there and a friend of a friend offered to help clear it out. They then proceeded to make their own of it and set up business in there. They pay no rent and have no tenancy agreement. They are commercial squatters. The relative…
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1st time landlord, question:
we are renting our house as fully furnished (as we are leaving everything- less our personal possessions). How far does fully furnished go, i.e. would you leave tinned foodstuffs in the cupboard and put clean bedsheets and duvets on, or remove these completely. Another factor is the tenants are moving in straight from…
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Monthly Rental - End of Tenancy
Hi, We are moving out from current flat at the first weenend of October. The cut-off date for our rent is normally at the 3rd of each month. On our tenancy agreement, the notice period is a calendar month. I just wonder if there's a practice for us to negotiate with the agent to pay only the first week. Thanks.
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Can I reuse the EPC from the HIP I received when buying my house?
I'm looking to market my house in the coming weeks using an online estate agent. Right now the only requirement is to have an EPC before the house can be listed. These seem to be £40-£60 depending where you look. I bought my house 2 and a half years ago, nothing has materially changed in this time other than cosmetic…
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Renting agency or private can you help?
Hello, We are first time landloard and we are really unsure if we should rent our flat though and agent or privately. I was after some advice from people who have done this before. we dont have a lot of cash and we will be getting payment insurance either way . any advice would be great
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Can anyone property bee this please?
http://www.rightmove.co.uk/property-for-sale/property-37278350.html Hope that works, it's £199k in Lenwade Norfolk Thanks
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Mortgage for a former pub premises
Hi all, Looking at a former pub premises - which consists of pub and two apartments; one at basement level, the other at first floor level. The pub has been closed for circa 2 years and pub/commercial use has been assumed to be exhausted - the property is being sold with potential for full residential conversion, subject…
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Changing lock on a rental property
I've been reading a lot of posts on here recently where people have advised rental tenants to change door locks and it's got me thinking should we change ours. We've lived here for 18months and in that time have had several problems which have usually involved the relevant tradesman required visiting whilst myself and my…
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Shared Equity - A way out?
My partner and I bought a new build Barrett house a year and a half ago through shared equity and living with him is unbearable but I can't find an easy way out! We are in negative equity and without doubt paid too much for our house so selling really isn't an option and I believe we can't rent the house out because of the…
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First time buyer...in need of advice
So, I have found the property I want, a 3 bed flat, on which I offered £175k and the vendor has accepted. I would really appreciate some advise on what to do next, apologies for the brain dump below. Now, I have read so many articles on how to buy a house, but am still a little unsure of exactly what I need to do. I'm 24…