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Vendors delaying exchange: should I ask EA what's going on?
I'm worried about a vendor delaying at the point of exchange... On viewing the house the vendor said they were moving for work - they had to move, and they had a relocation schedule & would be out of the house whether or not it sold. Their stuff was in boxes so I believed them! I made an offer on a house which was accepted…
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Agreeing repair costs to shared property
Hello. I would really appreciate some guidance on the below. I have recently purchased a house with a shared chimney. The chimney has been deemed 'dangerous' by three builders. We have photos of it and there is really not a lot holding it up and thus we need to get it repaired ASAP. The property that the chimney is shared…
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Renting back to seller?
Im nearing completion of purchasing a property however the seller has informed me that he still hasn't found anywhere to move into. My question is this - Could he stay in the property and pay me rent?(It will be for a couple of months max) If yes would he still have to disconnect all utilities when the sale completes and…
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Garden in dispute
Hi I wonder if anyone can help me? At the end of last year I bought a ground floor flat at the back of the building. The landlord owned the whole house which has 6 flats in. He put up for sale and sold 4 flats one being mine and one being the other ground floor flat, both over looked the back garden. The garden at this…
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Girlfriend moving into owned flat - Legal Implications?
Hi, My girlfriend of nearly 2 years is moving in with me in a couple of months. I have owned my flat for just over a year (on a mortgage.) She will be paying a "rent" contribution to the mortgage/utilities. Are there any legal implications to this? I have used a lot of my inheritance to be able to afford the flat and I'd…
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Capital Gains Tax on Main home which is rented
Hi everybody, I just want some advice on Capital Gains tax. I have moved out of London due to being sent elsewhere in the UK for my job for 2 years but I plan to move back to London after this time. Due to this, I want to invest in a 2 bedroom flat in London. I am currently negotiating on a property. I have no other…
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Please advise with house sale
We put our house on the market 10 days ago, we had 23 viewings and an offer of £173,000 the buyer has sold and wanted to complete in 3 weeks We felt it was too low so they upped it to £175,000. Since then without my consent the estate agent stopped booking viewings and have been pressurising us to take the offer. My…
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Borrowing Against a Flat for a House
Hi, I bought a flat last year in South London with some inheritance money for £135 with a £22k deposit, we renovated and spent £10k and the flat is now worth £180 (so probably £175!) We can get £700 on the rental market for it a month. We have moved away for work to the Cotswolds and are renting for £900 a month,…
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Notice letter - opinion please
Hi, Currently just about to hand in my notice. Just want to check that my notice letter is sufficient. Reference : Notice to vacate Dear Sir, I am writing to give you one month’s written notice to vacate the property ******** *******, which I currently rent from yourself. Please accept this written notice in accordance…
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Exchanged!!
Just exchanged contracts and paid my deposit.....only a week to go now to complete!!
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Home Report Valuation Problem (Scotland)
I recently paid a surveryor in Glasgow to value my property prior to putting it on the market. His valuation was distinctly lower than three estate agents market valuations so I had no choice but to fork out another £600 for a 2nd home report. The 2nd valuation was £15k higher and in line with the estate agents valuations.…
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Guarantor
Hi, I posted another thread about information for first time renting. I now think my Father would be a guarantor for me if needed. Are guarantor's credit checked? or is it simply a signed agreement whereby they would pay the rent if I didn't. I don't want my Father's credit file checked and a foot print left. Many thanks
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First 'official' rent help?
Good Morning Due to recent circumstances I have to move home and rent a property. I previously lived with my partner and moved in with her into a rental property, she already lived there and it was a very casual agreement arranged privately. I now need to rent a property on my own. I am a little worried as I have a…
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New Mortgage while named on another...
Hi everyone, I'll try to be as brief as possible, and will answer follow-up questions as best I can. My ex-partner and I bought a house for c.140,000 over six years ago. She paid the 7,500 deposit and put in approx 2,500 cash for improvements. I put in 10,000 cash for improvements - spent on new staircase, double glazing,…
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Family home after a death
I have just found this site/forum so I'm hoping for a bit of advice. I am in my mid forties and live in the home that belonged to my mother. I've lived here all my life and have spent the last few years caring for my mother, as well as working full time. Sadly my mother passed away 3 weeks ago. This house is now paid for…
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Buyers: would this put you off?
I think the sale of my flat is about to collapse, as the freeholder who also owns the upstairs flat) has decided it is the perfect time to do a loft extension and also repair/replace the roof. Under our lease, the owner of the bottom flat is liable to pay half the cost of the roof works (obviously not including the loft…
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6 month rule
We are in the process of buying a house that needs refurbishing. We were thinking 3 months in, to do the work and then put it on the market, but today heard about the 6 month rule. We were aiming for the first time buyer , who would need a mortgage so how would we stand? Am now thinking it was a bad try at property…
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Am I being unreasonable?
So I had an offer accepted on a flat on 16 April, I was told the vendor wanted a quick sale, as did I, though the place is tenanted so I expected delays. Two months later, the vendor's solicitor hasn't sent through any of the paperwork, and hasn't provided an explanation for the delay. My solicitor tells me that it's…
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House insurance when planning to sell
Planning to put house on market in about 1-2 months time. Won't need house insurance for the rest of the year (assuming it sells within a year!) so what do other people do regarding this? Current cover expires in several days so definitely need it! :o
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Moving in date possibly pushed back because of current Owners...
Hi all... I'll try n keep this simple. We've just negotiated a house, the mortgage is fine and valuation, etc... and we're just waiting for the next step. When asked when we want to move in, we said ideally August and providing everything goes through all ok, we were told by the solicitor he doesn't see an issue with this.…
