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Advice re :Buying as 1st time buyer with view to renting to family
Hi I am look for advice from anyone in the know,as this is all new territory to me ..lol Basically, i own my own house having had no mortgage for the last 5 years or so. My nephew and his family live in a council house that is now too small / not enough bedroom for the 3 children and are not in a position to buy / mortgage…
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Newbuild price premium
Hello, I know this is a long shot, but perhaps worth a try: It is said that newbuilds come with a "new build price premium" when bought new, however do we know how much the price does that premium typically contribute? Or in another words - how much in % will a newbuild typically drop in value once it's bought?
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How is HMO defined?
My friends daughter has been renting a bedsit with her bf for 7 months and has been told she has to leave next week :eek: Having been a lurker here for a while I told her mum they had to give 2 months notice minimum and even then they don't have to leave. However she lives in a bedsit so I'm not sure if it classes as a…
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Relocation to Czech Republic
Hi All, Can anyone recommend a company for a packaging and removal company to move from UK to Czech Republic? We don't have much to take - a single bed and dining table - flat pack, 6 dining chairs, 2 bikes, TV, TV stand and 5 speakers. Kitchen cutlery and crockery, personal items of clothing etc. We're a couple with a…
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capital gains on second homes
In summer last year I bought a retirement flat for my mother who already owned her own house. The plan was that she'd sell her house at a later date and buy the flat that she now lives in off me. I am concerned that either myself or my mother may be liable for capital gains tax - obviously this wouldn't have occured if she…
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How can I delay exchange & completion with Barrat?
Hello. My girlfriend and I are in the process of buying a new build house through Barrat Homes and would love to delay the completion by one month. We have not exchanged contracts yet but are on the verge of doing so. There is no chain so it is just us and Barrat Homes. The reason we wish to delay is that my current…
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Buying house but not living in it?
Hi Everyone, We are currently living at home saving for a deposit on a house. The oppertunity of our dream house has come up for sale. It is an old gravekeepers house which sits alongside a graveyard. It is a beautiful old house with pemission for a 3 bed residential home, although it was previously used built as a house…
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What makes a place feel like a HOME?
When looking for a place to buy, whether it be a house, flat, bungalow, etc.....when you first walk inside what makes it feel like a 'home' to you? Is it a feeling, atmosphere, decor...or something you can't define?
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Invest Connect - Money saver or money waster?
Hi, After using some property websites and finding a property I liked the look of, I had to give my contact details to get more details and was contacted by this company. They told me that the property I was interested in had since sold (a lot cheaper than other property in the area) and told me that they are a company who…
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Small claims help
hello ok so moved out of our privately rented home in june we moved in 2003. After uping the rent this year we told her we may have a look at our options, she said that was ok she may look into student lets if we moved. a few days later she brings a letting agent round, then wanted to show new tenants around. we told her…
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Letting my House due to work relocation
Hello, I am due to move to Cyprus for 3 years with my work:beer: and would like to retain my home for a number of reasons. I have spoken to my mortgage company and for a small fee they are happy to allow me to rent on my current deal. I have spent the last 5 hours looking at leting agents, insurance policies, Tax guidance…
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advice 2 buyer for the same house
Hi All i need a little advice from experienced people here. I saw this nice house, i made an offer of 180k, the house is with a very prominent EA. the EA says my offer is accepted however the seller has also accepted an offer of the same amount directly (without involving the EA) Now the EA tells me i shouldn't worry about…
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2nd charge and death
I am considering moving home. For various reasons (not as dodgy as it seems, but please don't ask in an open forum), I am also considering my Father (coming up for 75) registering a 2nd charge on the property for a substantial amount. Playing devils advocate, what would happen in the event of my father's death? He is…
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If you don't ask...
Just instructed an an estate agent.. the cheapest commission of the 3 we had round. They were my preferred agent anyway, but asked for a further discount. They instantly knocked off another £500! Haggling doesn't come naturally, but glad I asked after reading this forum. Am very pleased with myself!:D
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Rent at parents house
Hi, At 24 years old Ive recently moved back into my parents house after renting my own place for 4 years. The reason for moving back is mainly to save to go abroad for a year next year. My parents live in a 3 bedroom house in London, my mum, my dad and my brother. My brother doesnt pay rent as he just eft college in July.…
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First Time Buyer - Cold Feet?
So I’m a first time buyer and the entire paperwork of Solicitor,land register et al Is like 95% complete. I just need to sign the contract, send back and pay my deposit + Fee and then September 14th I receive the keys to my first ever house. A whole new, scary chapter of my life……. Did anyone ever get cold feet? I’m a…
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Exchanged. Wake up crying most days. Advice pls.
In a stupid moment besieged by indecision and pressure I exchanged on my house. It was categorically the biggest mistake of my life. I think my depression has led me recently not to act sanely is the only thing I can say. I want out. Out of the contract. I haven't bought so want to hand them back their money pay their…
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Surveyor turned off my Electric! Who do I complain to?
We've sold our house (stc) and the buyer had their surveyor visit us today. We arrived home this evening at about 7.45 to find we had no electric. On closer inspection it appears that the surveyor had turned off each individual RCD (the main switch was still on) Looking at the hot water timer it had been off since about…
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shortfall
hi has anyone ever sold their house and been left with a shortfall if so how do you pay it back, do you just contiune to make a monthly payment until the balance is cleared, how much would you be expected to pay a month tia
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Ridiculous offer from buyer
Hehe, still laughing about this one. I live at home with my parents (I'm late 20's) and we've had the house on the market for about 6 years. In that time we've had every type of over-enthusiastic time-waster, liars & !!!!-takers imaginable, but it's ok because we've moved a few times before and are used to it, so we never…
