-
Co-freeholder's bank forced re-evaluation on us after loft conversion
Hello, looking for some guidance/input from someone who knows a bit on this matter or has gone through something similar. We live on the upper floor of a small cottage in London and we own/share the freehold with our friend and neighbour downstairs. We needed extra space so we offered our neighbour to buy the loft (only…
-
London agent + rightmove
Hi have been searching in South West London now for 2 months, still haven't found anything. One thing that annoys is one large agent Dexters who leave their properties on rightmove even after the property is been sold for a long period, so each time you ring them they say sold. Rather annoying, also I notice they always…
-
estate agent/private sale
We signed a 4 week contract with our ea. We have now been with him for 7 weeks but we haven't signed any contract extension. A member of our extended family has expressed serious interest in our property, so they have no contact with our ea. What would be the best way to proceed. We don't want to leave ourselves open to…
-
Letting agent not fixing toilet quickly - anything we can do?
Hi, we've had issues with our drains meaning our toilet has been unusable since Thursday. We informed letting agent on that day, who said he'd call us back Friday. He said he would arrange for a plumber to come and fix it - but we have been chasing since then with constant promises of a call back. He has now left again…
-
House survey, buying the house
Hi, was wondering is it necessary to get the house survey done by the private body when buying house?? How come this house survey is different from the property valuation which the bank does before approving the mortgage?? Please advise.
-
Apportionment to cover major works bill
We bought a leasehold property in January, which had an outstanding bill for some major works which were done a couple of years previous. As part of the sale, the vendor agreed to leave a £4,000 apportionment with their solicitor to cover the final (at the time unconfirmed) amount on the invoice. We have since had the…
-
Seperate council tax band for annexe that's not an annex?
I wonder if I could get some help and advice, we have just purchased a property which was classed as a 3 bed end terraced house on the estate agents particulars, this morning I have had my first council tax statement through this morning and they are classing the property as two separate dwellings, a house and an annexe!…
-
Mortgage for self employed
Need to borrow £30,000 on a £190,000 house. Finding cheaper property in the area is unlikely. Current mortgage almost paid off. Is it better to clear that debt or try to increase it with another lender? Current lender said no either way. Any lenders recommended for self employed with only 2 years of accounts but showing…
-
Difficulty arranging viewing
I'm a first time buyer and would be interested to get viewpoints on this situation: I have had a viewing cancelled with a few hours notice because the tenants would not allow access (I think that's what the estate agent said - I didn't press them for details). Now we are trying to set up another viewing and they are being…
-
Tax
Just wondering if i rented a house that i had a mortgage for would the income i received from the 'tenants' be taxed ? as it is a capital Gain ?
-
Oh dear lol
The couple that offered on our house then went elsewhere have had to pull out on the purchase as they couldn't get a mortgage... Glad they pulled out on us now as I would have been really peeved
-
House insurance renewal quadrupled?! Flood risk but none around here...
Last year, our house insurance renewal quadrupled as the insurance company had decided that we were in a flood area even though we're not. We went elsewhere last year but letter just came regarding our renewal saying they can't insure us as we're in a flood area! We've been in our home for about 18 years and nowhere near…
-
Night, night, sleep tight, don't let the...
.... bedbugs bite!!! So, I moved into this rental property 1st March this year. Since living here I have been getting itchy bites appearing on me at least three times a week. My boss suggested I may have bedbugs so I had a look but saw none. My next door neighbour told me that previous tenants had used the house for…
-
How much is this extra outside space worth?
Scenario is this.... Two identical houses in identical condition worth in the region of £200000 House 1 has a tiny rear yard (literally an arm span wide!) that is dark, gets no sun and is really only useful as a bin store. House 2 has a courtyard that is approx 20'x12' and has been landscaped with decorative paving and…
-
Ground Rent Arrears and Letter Before Action - Help!
Good afternoon, I wonder if you may be able to offer advice in relation to a late Ground Rent Payment and subsequent ‘Letter Before Action’ fee. I will elaborate. I March 2010 I purchased an apartment from Miller Homes. A bi annual fee of £75 was due for Ground Rent. In February 2012, Miller Homes were succeeded by a new…
-
Land Registry Searches - delay?
Afternoon all Some advice please, our solicitor sent the searches 30/04/2013. Now, I understand there were two bank holidays in that period but she is insistant she still has not had them back yet - is this sort of timescale normal? Thanks
-
Capital Gains Tax on Selling Property (Main Residence)
Hi, I hope someone could advise on this CGT query. I have owned my property since 1995. Have lived there for 10 years, then subsequently rented it out for 5 years (from 2005 to 2011 approximately. I then moved back into the property and currently reside there, so for the past 2-3 years. I am thinking seriously about…
-
Exchange - is our deposit safe?
We're in the process of trying to exchange contracts. Our buyer is an investor cash purchaser. We're buying an empty property with no chain. We were being pushed to exchange last Friday - we paid our deposit and were told that everything was in place to exchange except for one document - a form about indemnity that our…
-
Selling house, getting low offers
Hi, Our house has been on the market 4 weeks. In that time we've had 5 appointments... 2 no shows, 1 left no feedback and 2 made offers which were too low. House is on for OIRO £105000. The offers we have had were £97.5k rising to £99k and this morning we had (and rejected) £90k. I bought the house 4 years ago for £95k and…
-
First time buyer; bad credit, big deposit
Hey, so - I have been working full time since i was 17. When I turned 18 I was silly and took out quite a lot of credit. I usually manage to pay everything off (with about £600.00 per month to myself) however, o2 & dorothy perkins both issued defaults against me for miniscule amounts. I'm talking £25.00 and £5.00. so…
