-
Right-To-Buy; Transfer of Ownership within the 5 year discount period
Hi, I have recently used the RTB scheme to purchase the house we're living in with my mother. She along with my father are named as the tenants. As my mother is the youngest out of the parents, I purchased the house with her because we were given a maximum mortgage term of 18 years. it would have been 14 if my father was…
-
BH when own a other house
tried posting in HB section but it all seems to be locked does any one know what happens if someone wants to rent some where and get housing benefit, but they own a house which they are renting out Basically my in laws need to move from liverpool (where there house is) to cornwall, they have tried selling it but it wont…
-
Graduate moving to Milton Keynes - where to look/avoid?
I'm a student from Surrey, finishing my final year of University in Birmingham in the next few weeks. I've been offered a graduate job in Milton Keynes which I've accepted, and so I'm now starting to look for somewhere to rent in Milton Keynes. I don't start until September so I have plenty of time, but having only ever…
-
Is renting a flat a tax deductable cost against rental income?
Hello there Apologies if this is a general question but I've looked at gov.uk's renting tax section and I'm finding the wording a bit unclear. My basic situation is that I work in London and I like living here. I can't afford to buy here but I can afford to buy in the commuter belt. I'd like to buy something in Essex and…
-
stressful deposit situation - advice needed
Hi All I have found myself in a very stressful situation with an ex landlord and would really appreciate some advice Basically on 31st March 2012 my partner and i signed a short assured tenancy lease with my then landlord, we paid the deposit in cash (£750) and first months rent. All went well from then, landlord responded…
-
Negotiating house price around the £125k stamp duty mark
Are houses selling for £130k? I've seen a house I want to buy for just above this price but I haven't really budgeted for stamp duty, so I'm going to make an initial offer of just under £125k. However, I do think that the house is worth more, so I'm considering upping to £130k if they refuse (although it makes my initial…
-
Mortgage advice - fixed or variable rate? Over 25 or 30 years?
Ok so I've done so much research and feel more unsure now than before I did my research as there's so much info and so many options out there. Our basic stats are I am 30, partner 37. We have joint income before tax of £52 000. We have deposit of £50K and house we are buying is £260 000 Ideally we don't want to pay more…
-
Placing a value on garden land
I would appreciate any advice about how to place a value on a piece of land I am interested in buying. A piece of land to the rear of my property is in the hands of a trustee as the owner went bankrupt. It is approximately 0.25 acres in size. It is backed on to by a number of listed houses with no access to it and I have…
-
Parents giving my partner and I £50 000 deposit... how do I safeguard this money?
My partner and I have a child but are unmarried. We are about to put an offer on a house. We haven't saved a deposit but my mum and dad are giving me £50 000 deposit (they do not want me to repay it back as it's unrealistic!) How do I safeguard this without making my partner feel rubbish?!! 1. Someone said put it as a…
-
What is a realistic offer on house price selling for min £270K?
I've seen a house I want to put an offer in tomorrow morning. The value on right move says from £270 000 then on the leaflet I got it says £270K - £300K. It's hard to say what its worth as properties in the area are all totally different (some are 2 bed, some 3 or 4 and some with or without garage etc). I'd be prepared to…
-
Selling My Annexe
Selling My Annexe Hi, I have recently purchased this house with a planning permission for a self contained Annexe since 1985. I have renovated the house and Annexe to make everything brand new. My only problem is that I have spent too much and now would like to recover the cost by selling the Annexe. My Lender has agreed…
-
58 years left on lease hold flat....
Hi All, Wondering if you will be able to give me some advice as getting myself in a pickle at present..... Bought my flat june 2007 for 107,500. Since then the housing market has crashed and flat above me has sold recently for as little as 83k. When buying the property the leasehold was mentioned by my solicitor but i was…
-
Consent To Let - Tax Questions
Hi, New user, but long time lurker. I recently moved home (renting) due to job change. I already own a mortgaged home which has been granted CTL by my lender. I have researched all my responsibilities as a new landlord (tax, safety, deposit etc) but still a bit confused regarding tax implications. I know only the interest…
-
Extension with no building or planning certificates
Hi, can I ask for some advice? We are probably two weeks away from completing on the purchase of a house. Basically when we went into sign contracts last week our solicitor advised us that the vendor cannot provide any certificates for an extension that was built 20 plus years ago- the work was already done when she…
-
LA won't give copy of tenancy agreement; guarantor won't sign without it
I've signed for an AST in England, starting on 1st July 2013 and ending 30th June. I (& the joint tenant) have paid both the deposit and agency fee, but not any rent. It's a student property, and there is one other joint tenant. The deposit was paid on 15th March, but we have not yet received the prescribed information.…
-
Graduate Moving To London - Best Areas?
I currently live in the South-West of the country where I am due to complete my degree within the coming week's. I will be working within the music industry so there are no other options with regards to location other than London. I have already began setting up meetings and interviews with companies in London and I am…
-
Single Homeowners: Saveguarding your asset against future Relationship Breakdown
As the title states, how would one go about this without it putting too much of a 'dampener on the mood' in the initial phases of a relationship? I'm aware that 'common law marriage' is a myth and, therefore, a potential partner does not necessarily have a claim to the house should the relationship end. I'm also aware…
-
Shared Ownership before 2010
Hi all, Myself and my husband bought a shared ownership property in 2006. We have since realised that regulations were brought in in 2010 saying interest on the rented half can not be more than 3%. Ours is 4.36%. Should we have had a review when the regulation were bought in? We are struggling to sell, we think, due to the…
-
right to buy freehold
A house converted into 2 leasehold flats. I own the leasehold on one of these flats (I've owned it for 20 years). If I purchase the leasehold on the other flat, do I have a legal right to obtain/buy the freehold?
-
Using a letting agency with fairly bad credit record
As stated in the topic, I've got a problem with my credit file from 2008 and beyond, some of them are due to stay on until 2016 even. Everything is settled but it's not pretty in terms of how long these things stay on my file for. Does anyone have any direct experience of a similar situation to this which they could share?…
