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Using parent's money to buy house that she will live in
I am an only child. My mother is elderly and we are considering selling her house as well as the house owned by myself and my husband (mortgaged). can anyone advise me whether I am liable to pay any tax if we use the money from her small house (sixty thousand pounds) as a deposit for a new house that we would all live in.…
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Splitting up and sorting the house.
Myself and partner have been together 2 years we have both sold our houses and bought a lovely house mortgage free, he sold his for £70000 and mine for £127000, we used his money for moving, stamp duty and buying stuff for new house and a little towards the cost of the new house, my £127000 all went towards the new house.…
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Management Company Recommendations - London
Dear All I am looking to appoint a professional managing agent to manage a scheme in South London. Does anyone have any firms they would highly recommend? The key criteria is a high quality level of service and proactive management. I am happy to pay a little extra on the management fee for a credible company that will…
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Floor is caving in in new flat i'm renting
I was moving some stuff into my flat yesterday and as I stepped onto the kitchen tiles one of them gave way. There were a few tiles that had to be replaced and I thought all was well but now I know why they're cracking. The floor boards are like mush and wet. It's a first floor flat. When I walk on the tiles they seem to…
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Housing Act
Can anyone please let me know what the Local Government Act 1974, sections 26B and 34D says please. :T
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Applied for mortgage and 7 searches done on me
Our mortgage advisor apples for a mortgage for us through Halifax and I have had 6 searches done on me in one day by bank of Scotland (which is owned by Halifax I understand) anyone know why this would be? Obviously not happy with that as it has a bad effect on my credit report, but unsure what to do. Is that normal?
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Is it easier to get a rent agreement then a mortgage
We have been turned down for a mortgage even though our credit scores are both good (no late payments etc too) we take home 3500 between us a month. We are looking to rent a house for 1000 a month. Are the credit checks to rent anything like the checks for a mortgage or are they easier to "pass"
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FTB dilemma re making offer, mortgage, etc!
I am in a worry over a property I really want but am unsure how to go about things, not had any experience with estate agent procedures (other than viewings) or property purchasing. Basically my situation is: First time buyer, have 25% deposit and considering viewing a property for "offers over" £120,000. Based on my…
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Renting cost
My wife and I have had our house we were buying fall through so now the only option is to rent. We take home 3500 per month. If we rented somewhere for £1000 would you say that is a reasonable budget? Obviously other bills will be on top. We have never rented before and having this house fall through has knocked us for 6 a…
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Halifax did survey then refused mortgage
Don't really know where to start here, We were doing the new buy scheme (5%. Deposit) and our mortgage in principle was agreed we then paid for survey which came back fine and then the mortgage was turned down after that. I thought they did the survey after mortgage is agreed? If not have we lost that money? The reason…
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Tenants unpaid gas bill
My house was rented out for 6 months. A the end of the tenancy the tenant basically told me he hadn't paid any gas/electric yet and would contact the company to get the bill sent to his new address. I also contacted them with my readings. A new bill has arrived. It's for the entire 6 months of their tenancy and is…
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can a tenant demands deposit in cash
hi all Sorry if this has been covered before i'm in n.ire (ie no deposit scheme) i've a tenant thats leaving the property 3 months early in his contract (happy with this) but refuses cheque or bank transfer for refund of his deposit and only wants cash in hand. I've always prefered chx or bt as better for tracing in case…
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Buying this year with a view to selling in 3 years.. is this sensible?
We are currently renting whilst saving for a deposit but very fed up of wasting money on rent. We've been offered 50K deposit by family. On our current salaries we can afford a 3 bed for £270000. Our plan is to buy now but sell in three years (we have 2 children but will be having a 3rd which means we'll need a 4 bed…
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Sorry - Another Covenants thread!
Hi all, we're getting close to exchange of contracts now and I've got the report from our solicitor on our purchase. There are 6 covenants in total and the solicitor has commented that the restrictions are not unusual and that they won't affect marketability. 4 of them I'm not too bothered about, I'll keep the boundary…
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iammoving.com
As I will be moving shortly, when looking online for the various email addresses of companies I will have to notify, I was directed to this site 'iammoving.com'. Has anybody used them - are they safe? I don't know if I am wise to put in all my credit card numbers etc. Any advice would be appreciated. Many thanks.
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What's a welsh ceiling?
Hi all, I've been looking at the details for a dormer bungalow and it describes the bedrooms as having sloping welsh ceilings. Obviously I understand the concept of a sloping ceiling but just wondered what specifically made it welsh. I've googled it but come up with nothing. Any ideas anyone? Thanks :)
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Stamp duty ... Gutted!
Hi all, My boyfriend and I are first time buyers, we exchanged conditional contracts a few month back for a new build due to complete end of this month. When signing contracts we spoke to our solicitor about stamp duty (our home is £136995, however is in a 'disadvantaged area' which according to HMRC is exempt from stamp…
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Landlord didn't empty house
Moved in to a new house today, landlord is renting it out for what appears to be the first time and he has left behind a lot of stuff, chairs, curtains, pillows, lamps, cutlery, kettle, tea pot, frozen mince, it's as if he got 20% of the way through clearing out the house and then realised it would be a big job and gave…
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Is it possible to complete on a house in 24 days
Hi there, You will have to excuse me for lack of knowledge about this. Basically we are FTB have been saving for near 3 years and looked around a few houses, then we (naughtily) set our hearts on one. It is up for £104,950 we offered £92,000 expecting this to get rejected which it did, then we offered £96,000 which also…
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Unfair Tenancy Terms ?
Just been to sign a tenancy agreement, but got a bit peeved as I discovered LL had been given the contract earlier in the week and had it revised. Yet I was expected to sign it their and then without proper inspection. Anyway I took it away, and I'm unhappy with the following clauses. 1) LL can make deductions from deposit…
