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buying a holiday let
Hi I am thinking about getting into the holiday let market, and buying a place on a specialist site, yet to be identified. I want to do my research on this, and was wondering if there were any recommendations in terms of decent websites/books that provide good information, especially in terms of management, advertising,…
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House swap
We are considering a house swap with a friend. He owns 4-bed house, which he rents out (currently empty), and wants to swap for a smaller property. We live in a 3-bed (mortgaged) and would like something bigger. We plan to get both properties valued by the same agent, and we already have an agreement in principle for a…
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letter to ask moving out inspection
hi can any one help im looking for a template letter to request an inspection with me being there with the agent. before i hand back the keys.
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buying the freehold
any ideas about buying our feehold; we have a council flat which we bought 25 years ago, we and the other leasholder want to buy the freehold, the council have agreed!! but we dont know what to do next or who we need to get, the council have suggested we get a solicitor, but how do we get one who can do the enfranchisement…
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Can you make a long term home out of a rented property?
Just out of curiosity, I'd like some opinions... Can you make a comfortable long term home in a rental property? I've moved three times in the last two years - my initial property was a gorgeous top floor penthouse dockside apartment, in a modern development, which was burgled twice in three months (one time also ended up…
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Moving into dad's freehold property.
Hi my dad owns a freehold property that was put on rent. Currently it's vacant. I live with my parents at the family home, and am considering moving into the vacant house. I'm not expected to pay rent to my dad, but to cover only the utility bills, tv license and council tax, etc.. Am I correct to assume that as my dad…
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For property investment purpose should we create a company?
My partner and I are looking at a large property where the local council's planning officer has already given his positive feedback to split it into three apartments. Our initial plan is to live in it as it is and spend the next year or so renovating it then split the property into three dwellings. Eventually, we would…
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Housing help for vulnerable adult?
Hi I would like some advice please, I am not sure if this is the right section to ask the following so am sorry if not... My very lovely brother is 40 and currently on benefits, he has a council flat and also receives DLA. He has severe learning difficulties and autism and we are trying to work out how to get him moved to…
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Tenants advice needed
Hey was hoping someone can help me with a bit of advice. My sisters house is currently rented through an estate agent. The landlord is a decorator/builder and the living room suffers with bad damp and rain leaks through. He has recently patched it up after requesting numerous times. My sister is going for a viewing at…
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Lodger deposit being withheld
(Seeking advice on behalf of my sister). My sister was recently served notice on her lodgings which she shared with 2 others (The landlord + another lodger). 2 weeks after moving out, the landlord has now said they intend to withhold £435 from the deposit amount as the communal areas had apparently not been cleaned well…
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Is a homebuyers report worth paying for?
For a house between 5 and 10 years old, is a homebuyers report worth paying for?
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Live/Work Solicitor
Hi, Does anyone know where I can find a solicitor to help with a live-work conversion in the borough of hackney? Thanks.
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Lease extension - how long?
Wondering if anyone would know roughly how long the final stages of a lease extension will take? I've offered on a property with a short lease, which the current owner is extending prior to completion. Mortgage, survey, contracts (draft) etc. all done - just waiting for the lease to be finalised before we can move forward.…
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Equity/Property ownership shares
Hi everyone, My partner and I have made an offer on an apartment and are now in the process of waiting for the mortgage survey to be carried out and going through all our financial arrangements. As my income is considerably lower than my partner's income -We have agreed as follows: My partner pays 75% of deposit I pay 25%…
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Would you buy in the "up and coming" area
Hi everyone Been thinking of buying/investing in East London as it's still affordable and many areas are dubbed "up and coming" such as Canning Town/Royal Docks and Bow. I understand buying properties is location location location, but with my £250k I cannot afford west London and I quite like the East London up and coming…
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Survey showed issues, are we being unreasonable? Questions!
My partner and I are FTB in the process of buying a flat. 3 weeks ago we had a homebuyers done which showed a problem with the electrics so we got an NICEIC electrician to come out and do an electrical report. The report showed that the property would not get a satisfactory EICR certificate & needed £1500 worth of work…
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Parents purchasing on our behalf
Did a quick search for 'parents buying' but nothing came up that was identical. I'd like some advice on renting from my parent's potential new house. The tax affects and whether it is a sound idea. My 'rents have just retired and realized they want to release their assets to their children (me and my sister). One house is…
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1 house, 2 estate agents, 2 totally different prices?
I'm new to the house searching game really & have a question about this. A few month ago there was a house up for sale - 2 estate agents, exact same photos, exact same price. I posted about it & you guys suggested a repossession. There's another house for sale here, listed under 2 different estate agents. It has different…
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Help with House Valuation
Can someone please help us get an idea of the value of a house we are seriously considering buying? The house is for sale for £120,000 and the seller will not accept an offer lower than this. We will be stretching to pay for it, but it is just about possible for us. This means we are being extra careful before buying, and…
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BTL offer may expire before offer even accepted - did broker jump the gun?
I'd be grateful for opinions and advice from people who are more experienced than me about how BTL/LTB mortgage applications should proceed... I'm trying to work out (a) whether my broker has acted hastily and put me in a difficult position (which is what I feel) or whether it's my own fault, and (b) what I can do about…
