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Should I up the Offer
Hi All, I'm ready to exchange on my house. We have found a house we really love but the vendor is taking ages to make a decision. The guide price is £600k. We viewed it within a few days of marketing and put in an offer of £550k the same day hoping to secure a fast acceptance. However the agent waited a week until the…
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No inventory on rented flat
Hi, Currently a theoretical question at the moment, but will possibly be real life in a month or so, if all goes well with my house purchase! In a nutshell, my question is - if I never signed an inventory (as far as I'm aware, there isn't even one in existence) on my rented flat, does the landlord have ANY grounds for…
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Recommended Conveyancer
Hi I have been trying to get some quote for a conveyancer for a house purchase and have got various quotes but dont know who to select as they all seem differently priced. Does anyone have any recommendations on any that are reasonable priced and effective? Thanks for your help.
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Possible to buy-to-let with only 60k / no mortgage
I'm looking to do something "better" than let the 60k rot in the bank. Ideally I'd buy a small property and let it out, but I don't think it's enough - even for a small property in a regeneration area. Would be happy to hear if anyone has any ideas of suitable areas. Anywhere in the UK will do, or even internationally if…
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Reducing house price at last moment before exchange
I am in a bit of a dilemma. I'm a FTB looking for a house or flat and finally put an offer on a flat in Tooting at 535k (15k over asking price). I knew it needed a lot of refurb work but when the surveyor did the structural survey he uncovered a lot more than I had expected. In total he thinks it will cost around 60k to do…
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Buy To Let - What can you offset?
Hi there, I'm a new poster, Hope someone can shed some light on what can / cannot be claimed for in doing a house up before you rent it. I am buying a buy to let house & need to do some work before it is rentable. It needs - central heating installed - new boiler and radiators - new kitchen (including oven, hob, washing…
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Inaccurate floorplans?
We've recently had an offer accepted on a flat in Battersea, attracted in part by what we percieved to be good value on a £ per square foot basis (under the local average). We had an offer accepted under asking, were gazupmed and forced to up our offer significantly but the £ per square foot metric was something we took…
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Clumsy EA tactics
Morning Just wondered what others thought, we have our property up with an EA that happens to have a property on their books we like , and have viewed three times , in fact they know what we would offer for it , should we become proceedable (the house was bought in late 2011 for 175k and needs some tlc etc so we would pay…
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int only buy to let property
I am seeking advice on what might be the best plan on a property I am currently letting - int only mort with a high street bank - the term ends in two years.......£180k mort/property worth around £230k - over the next seven years I might be able to find assets of around £120k Have considered doing a part repayment mortgage…
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Consent to Let
Good Morning, I am just looking for some advice please if anybody can help. I own a property, which I currently live in. I am planning to move to a different property but want to keep my existing one, therefore I have asked my mortgage company to give me consent to let, which they have agreed, so that's not a problem. I am…
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Buying a repo - building control certificates
Saw a repo yesterday and I'm curious as to whether the extension work the house has had has building control completion certificates. Who would be the correct person to ask for this? Should I ask the EA to ask the vendor (asset management company) or is it something the surveyor would pick up on?
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Flood search..advice please..oh and we just found out the house burnt down!
Hi all, we're in the process of buying our first house and just had the environmental search returned, which shows that some surrounding areas within 250m of the house have a risk of flooding at the once in 75 year event risk level due to standing water in a nearby field. The property itself has never flooded to the best…
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News just in, Ally pally ..
Funding secured. 24 million. More to come. http://www.alexandrapalace.com/news/alexandra-palace-secures-heritage-lottery-fund-support/
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Tall trees near property
Hi, i need to ask some advice about something i know nothing about. we are interested in a property with a few tall trees at the front of the house, is this a potential problem? the only thing i seem to remember about trees are that they are no good too close to property, as buildings insurance usually ask a question about…
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Buying 2 properties
Hi All, Long time lurker but first time poster. I've a quick question, quite broad brush and general but I was wondering what people with a bit more experience thought. I live in an area which has quite low house prices, but rents are enough to present a decent yield. I've managed to save a good amount and am looking to…
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Ending Tenancy Early
Hi, I moved into my flat in late March and I have decided, if possible I'd like to end my tenancy. I'm contracted through until September but I'd like to know if letting agents will generally allow you to leave if they find another tenant to take over the remaining tenancy? I've looked through the tenancy agreement but…
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Ending tenancy
Hi We have been renting a house for 20 months. After 3 months the letting agents went bust and the owners buried their heads in the sand and left us paying them direct with no agent for 6 months. They then came back from abroad and instructed a local agent to sell and then changed their mind when it got no viewings and…
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OIEO - Take any notice
Im going to view a house on Saturday which is on at OIEO £110,000. Its hard to judge what its truly worth as no house sales in that street for 5/6 years and is it fair to say house prices have dropped since then? There is however another house for sale in the street for Guide Price £110,000 which I have viewed but the…
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Shared equity / second mortgage regulation
Hello I am in dispute with a homebuilder over a decision they have made at the point of exchange of contracts on the sale of my property. I have made a formal complaint to them, but should I have to escalate it, the landscape of regulation for shared equity schemes is not easy to wade through. Shared equity schemes used to…
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Moving out of parents home...
Hi guys, I'm 19 and I'm looking into moving out of my parents into my first home (rented). I've contacted the estate agents and I am aware of all the fees they will charge me (1st months rent, bond, application fee, etc.) to start with but I'm really confused as to what to expect after e.g. monthly bills etc... I'm looking…